Bank of America Fined $150 Million for Overusing Overdraft Fees
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. Teyonah Parris and John Boyega on Working With Jamie Foxx | io9 InterviewThe Consumer Financial Protection Bureau (CFPB) announced its findings in a news release on Tuesday, saying Bank of America customers were charged overdraft feesmultiple times after a!-->!-->!-->!-->!-->!-->…