Bank of America fined $250 million, ordered to repay customers

Newsy

11 Jul 2023 0 shares 1 views

Bank of America fined $250 million, ordered to repay customers

Bank of America fined $250 million, ordered to repay customers

Newsy

Published 11 Jul 2023

ViewBank of America has been fined over $250 million by the Consumer Financial Protection Bureau for allegedly imposing illegal fees and withholding promised rewards.

The CFPB said that of Bank of America's fine, $100 million will return to affected customers. The CFPB also accused Bank of America of misusing personal...

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