Bank of America Ordered to Pay $250 Million Over Wrongful Fees, Fake Accounts

Bri Guy @sopuli.xyz to World News@lemmy.ml – 51 points –
Bank of America Ordered to Pay $250 Million Over Wrongful Fees, Fake Accounts
wsj.com

Ah yes more big bank shenanigans....

8

Ah yes, a slap on the wrist. That’ll teach ‘em!

You have to wonder how much they made compared to the amount they got fined

i wish we arrested executives that engaged in fraud still. oh well.

These sort of fines should always be tied to a percentage of the company revenue to be meaningful.