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Tag: sham accounts

U.S. Bancorp is fined $37.5 million for opening sham accounts

July 28, 2022

Via: Yahoo

A U.S. regulator on Thursday fined U.S. Bancorp $37.5 million for mistreating customers by opening sham accounts without their permission, conduct that also occurred at larger rival Wells Fargo & Co. The Consumer Financial Protection Bureau said U.S. Bancorp, the […]