CFPB sues Fifth Third Bank for opening fake accounts

CFPB sues Fifth Third Bank for opening fake accounts

The US CFPB has charged Fifth Third Bank, National Association, with creating fake client deposit and credit-card accounts and transferring clients’ funds to those accounts. It also alleged that the bank ’created incentives for employees to engage in misconduct in order to meet goals’. The Cincinnati-based lender acknowledged the scam but said it involved a small number of accounts.

pennydreadful
pennydreadful
Ya Boi PI
Ya Boi PI 2 months

isnt this the same shit Wells Fargo did a couple of years ago?

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