Bank of America was ordered to pay $150 million in fines for double-charging customers, withholding promised reward bonuses for credit card holders, and opening thousands of bank accounts under customers' names without their knowledge, a federal investigation revealed.
Bank of America Fined $150 Million for Overusing Overdraft Fees and Opening Fake Accounts
Gizmodo - 11 Jul 2023 22:24
Bank of America was ordered to pay $150 million in fines for double-charging customers, withholding promised reward bonuses for credit card holders, and opening thousands of bank accounts under customers' names without their knowledge, a federal investigation revealed.
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