Bank of America Ordered to Pay $250 Million Over Wrongful Fees, Fake Accounts
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Bank of America Ordered to Pay $250 Million Over Wrongful Fees, Fake Accounts
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(1 min)
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https://www.wsj.com/articles/bank-of-america-ordered-to-pay-250-million-over-wrongful-fees-fake-accounts-a39099c5
By
and
Updated July 11, 2023 10:47 am ET
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Federal regulators hit Bank of America with a $250 million penalty for opening credit-card accounts in customers’ names without their consent and double-charging fees.
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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
