News@lemmy.world · 1 year ago

Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees

www.cnbc.com

cross-posted to:
news@lemmy.world

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Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees

www.cnbc.com

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News@lemmy.world · 1 year ago

cross-posted to:
news@lemmy.world

The announcement is the latest sign that some of the practices exposed by the Wells Fargo fake accounts scandal in 2016 weren't confined to that bank.

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They made $1.6 billion off overdraft fees in 2019…
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