U.S. consumer watchdog charges Fifth Third Bank on opening phony accounts
The U.S. Consumer Financial
Protection Bureau (CFPB) said on Monday it charged Fifth Third
Bank, National Association, for creating fake client deposit and
credit-card accounts and transferring clients’ funds to those
accounts without consent, citing an abuse of fair lending and
savings laws.
Protection Bureau (CFPB) said on Monday it charged Fifth Third
Bank, National Association, for creating fake client deposit and
credit-card accounts and transferring clients’ funds to those
accounts without consent, citing an abuse of fair lending and
savings laws.
Posted by Reuters
