Citigroup has now been fined more than half a billion dollars after CEO Jane Fraser staked her tenure on fixing the bank – Fortune
Two government regulators on Wednesday fined Citigroup Inc. $135.6 million for failing to resolve long-running internal control and risk problems, a blow to the bank’s Chief Executive Officer, Jane Fraser, who has staked her career on making the bank leaner and less complex. The penalties were imposed by the Federal Reserve and the Office of […]
Jodi Arias is selling her artwork from prison and making bank
Jodi Elias is serving a life sentence in Arizona for murdering her on-again, off-again boyfriend in 2008, but that hasn’t stopped her from selling her art online for thousands of dollars. The convicted murderer, who turned 44 this week, is with his family. Website and Instagram page Of her work. Arias says on his website […]
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 […]
Live Israel-Hamas War updates: IDF blamed for 5 deaths in West Bank airstrike | LiveNOW from FOX
Israeli forces conduct airstrike in occupied West Bank city, Palestinian authorities say five people are dead. This comes as Prime … source
Fifth Third Bank to pay $5 million to settle auto insurance allegations – The Washington Post
Fifth Third Bank has agreed to pay millions of dollars to settle allegations that it forced auto loans. The scheme led to customers taking out duplicate auto insurance policies, resulting in higher monthly payments and, in some cases, resulting in the seizure of vehicles from customers who could not pay. The Consumer Financial Protection Bureau […]
Citigroup protesters claim they were shoved by top lawyer at bank
Protesters who have been blocking the entrance to Citigroup’s headquarters in New York City for more than a month claim they were shoved by one of the banking giant’s top lawyers in a violent melee recorded on video, but the bank denies any wrongdoing by its employees. Shocking footage of the incident, obtained by The […]
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 […]
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 […]
Wells Fargo Claims Customers Are Liable for Unauthorized Transfers, Say Victims of Bank Fraud, As New Class-Action Lawsuit Filed in Federal Court – The Daily Hodl
Wells Fargo is facing a new class action lawsuit that alleges it violated the law by holding customers liable for fraudulent transfers. of suitThe lawsuit, filed in Pennsylvania federal court by Jennifer Rice and Eric Westervelt, alleges that Wells Fargo routinely violates the Electronic Funds Transfer Act by failing to compensate victims for their losses. […]
WWE Money in the Bank 2024: CM Punk crushes championship dreams as Tiffany Stratton wins women’s match
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