Emergency Podcast: Bank of America Fined $250 Million for Stuff for Shady Things…Shocker.
Update: 2023-07-11
Description
Live from Fort Worth, a very truncated Emergency Podcast about Bank of America.
Bank of America fined $200 Million by CFPB for unauthorized credit card accounts, double dipping fees, and so so much more.
CFPB Article Here
In this podcast, I explain that most of this had to have been when I was still there (I left in 2018) because aside from allegedly no sales goals now, BofA has internal controls in branches that almost eliminate this problem on a grand scale. While it still happens, I think a lot of this comes from years ago when the Customer Authorization Form was not a thing for bankers and they had checks and balances to get them and their bosses fired. It's a quick 30m podcast on my iPhone, check it out!
NB Has recovered over $4 Million from big banks back to consumers, with nearly $800k of it being Zelle fraud!
30k+ Followers on TikTok, Twitter and Instagram
Buy My Book "High-Risk Transaction"
Find all my social media and other links at:
TheNotoriousBanker.Org
Substack - "Consumer Beast" - TheNotoriousBanker.Substack.com
MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker
Bank of America fined $200 Million by CFPB for unauthorized credit card accounts, double dipping fees, and so so much more.
CFPB Article Here
In this podcast, I explain that most of this had to have been when I was still there (I left in 2018) because aside from allegedly no sales goals now, BofA has internal controls in branches that almost eliminate this problem on a grand scale. While it still happens, I think a lot of this comes from years ago when the Customer Authorization Form was not a thing for bankers and they had checks and balances to get them and their bosses fired. It's a quick 30m podcast on my iPhone, check it out!
NB Has recovered over $4 Million from big banks back to consumers, with nearly $800k of it being Zelle fraud!
30k+ Followers on TikTok, Twitter and Instagram
Buy My Book "High-Risk Transaction"
Find all my social media and other links at:
TheNotoriousBanker.Org
Substack - "Consumer Beast" - TheNotoriousBanker.Substack.com
MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker
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