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Billion-Dollar Bank Sending $5,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB

Billion-Dollar Bank Sending ,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB

A US bank with $20.5 billion in assets, loans, and deposits will send at least $5 million to thousands of customers after allegedly harvesting millions of dollars in illegal overdraft fees. The Consumer Financial Protection Bureau (CFPB) says Atlantic Union Bank enrolled thousands of people in checking account overdraft programs without proper consent. The agency […]

The post Billion-Dollar Bank Sending $5,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB appeared first on The Daily Hodl.

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets

Criminal Drains 95 Year-Old Woman’s Bank of America Account – Now Bank Wants $4,237 in Overdraft Fees

Criminal Drains 95 Year-Old Woman’s Bank of America Account – Now Bank Wants ,237 in Overdraft Fees

A 95 year-old woman says she’s going through a nightmare scenario, with scammers draining her account and the bank demanding she repay thousands of dollars stemming from the criminal’s spending spree. Florida resident Virginia Weimer initially lost $13,000 after a scammer gained access to her BofA checking account, reports the NBC-affiliated news station WFLA. Although […]

The post Criminal Drains 95 Year-Old Woman’s Bank of America Account – Now Bank Wants $4,237 in Overdraft Fees appeared first on The Daily Hodl.

Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets