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Feds: Bank of America Violated Consumer Protection Rules By Double Charging Customers

By Stacy M. Brown, NNPA Newswire Senior National Correspondent Federal authorities announced on Tuesday, July 11, that Bank of America violated numerous consumer financial protection rules by double-charging customers, not distributing credit card rewards, and creating fraudulent accounts. As a result, the Consumer Financial Protection Bureau (CFPB) fined Bank of America $90 million and compelled […]

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