Fifth Third Bank fined $20 million for opening fake accounts, forcing people into vehicle insurance – AOL
Fifth Third Bank has been fined $20 million for opening unauthorized accounts in customers’ names and forcing borrowers who already had auto insurance to sign up for the programs, the Consumer Financial Protection Bureau announced Tuesday. The bank must pay penalties in addition to compensation to 35,000 affected consumers, 1,000 of whom have had their […]
PA middle schoolers impersonate teachers with vile fake TikTok accounts
Students at a Pennsylvania middle school created nearly two dozen TikTok accounts impersonating their teachers and making vulgar jokes and disturbing claims about them and their families, including that the teachers were pedophiles. Fake TikToks continue to circulate despite efforts by moderators, who say some of the accounts are protected by the First Amendment. Even […]
CFPB Takes Action Against Fifth Third for Wrongfully Triggering Auto Repossessions and Opening Fake Bank Accounts – Consumer Financial Protection Bureau
Washington DC – The Consumer Financial Protection Bureau (CFPB) today took action against Fifth Third Bank for a series of illegal activities that will result in the bank paying a $20 million penalty and providing compensation to approximately 35,000 affected consumers, including approximately 1,000 who had their vehicles repossessed. Specifically, the CFPB is ordering Fifth […]
Pennsylvania students made fake TikTok accounts impersonating teachers
Please subscribe to Fox News to access this content You’ve reached the maximum number of articles. To continue reading, please log in or create a free account. By entering your email address and pressing “Continue”, you agree to Fox News’ Terms of Use and Privacy Policy, including the Financial Incentive Notice. Please enter a valid […]
Bank Executive Steals $250,000 From Customers, Directly Accessing Bank Accounts To Fund His Lifestyle: US Department of Justice – The Daily Hodl
The Department of Justice announced that a former bank manager has admitted to stealing more than $250,000 from customers to fund his own extravagant spending habits. Department of Justice To tell Eric Jason Showest, 53, of Plaquemines, Louisiana, pleaded guilty to embezzlement and bank fraud. According to prosecutors, Showest admitted to using his authority as […]
Kristi Noem quietly deletes two state-affiliated social media accounts over holiday weekend: report
Subscribe to Fox News to access this content Plus, with your account you get exclusive access to handpicked articles and other premium content for free. By entering your email address and pressing “Continue”, you agree to Fox News’ Terms of Use and Privacy Policy, including the Financial Incentive Notice. Please enter a valid email address. […]
JPMorgan warns customers they may have to pay for checking accounts
A top executive at JPMorgan Chase has warned the bank’s 86 million customers that they may soon be charged fees on their currently free checking accounts. Reportedly. Marianne Lake, CEO of JPMorgan Chase’s consumer and community banking division, blames the increased burden on Washington regulators, who are trying to impose an $8 cap on late […]
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts – CNBC
The app gamifies personal finances with weekly sweepstakes and other flashy features, and occasionally covered some of her transactions. “You could go buy something and get something free with your purchase,” Kraft told CNBC. Now her entire life savings, $7,006, is trapped in a complex dispute playing out in bankruptcy court and online forums. Reddit […]
JPMorgan Chase, Bank of America and Wells Fargo Accounts Used in Alleged $92,000,000 Money Laundering Scheme: Report – The Daily Hodl
A new report claims a $92 million money laundering scheme “completely” passed through three major U.S. banks. A group of suspected drug traffickers and money launderers are accused of depositing hundreds of thousands of dollars in illicit funds into accounts at JPMorgan Chase, Bank of America and Wells Fargo. Reports CNN reported, citing court documents. […]
X/Twitter Conservatives Report Large Drops in Followers, Suspension of Legitimate Accounts
Elon Musk’s X-Platform (formerly Twitter) appears to have recently suspended a number of accounts, with popular conservative X-accounts seeing a significant drop in follower numbers. While many claim the purge is aimed at bot accounts that have been plaguing the platform, multiple complaints have also surfaced of legitimate accounts being suspended. It’s unclear why the […]