This is very similar to what was happening at Wells Fargo - BofA has paid more than $1 billion in penalties since 2014 for malfeasance - customers should beware of this banking giant. - Andy Spears

Moreover, it was uncovered that employees had been applying for credit card accounts on behalf of patrons since 2012, illegally and without their consent. These actions were conducted to fulfill discontinued incentivized sales targets but led to unwarran…
Bank of America Fined $250 Million for Massive Consumer Fraud Impacting Hundreds of Thousands
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Lisa Cabrera
Andy Spears
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Jul 12, 2023
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This is very similar to what was happening at Wells Fargo - BofA has paid more than $1 billion in penalties since 2014 for malfeasance - customers should beware of this banking giant.
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Written by Andy Spears2.9K Followers
·300 Following
Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .
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