The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.
Bank of America Fined $150 Million Over ‘Junk Fees’ and Fake Accounts
https://www.nytimes.com/2023/07/11/business/bank-of-america-fine.html
2 Comments
acronymesis@kbin.social · 2 pts · 3y
Following in the footsteps of Wells Fargo, are we BoA? Glad I quit them way back when.
Spaceman2901@kbin.social · 1 pts · 3y
How much did they make from this scheme? I’d bet $150 million isn’t even a rounding error on their quarterlies.