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Senators probe allegations of JPMorgan ‘robo-signing’ in debt collection

February 8, 2022

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JPMorgan on Monday refuted claims that it is robo-signing documents. Such allegations are “just false,” Tom Kelly, a spokesman for the bank, told Bloomberg on Monday. Trained employees review every affidavit before they are filed in court, and the bank complies with all ongoing requirements from regulators, he said.

However, six Democrats on the Senate Banking Committee wrote the bank’s CEO, Jamie Dimon, on Monday, asking Chase to “provide detailed information” regarding its credit card debt collection practices.

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