this post was submitted on 11 Jul 2023
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Bank of America Ordered to Pay $250 Million Over Wrongful Fees, Fake Accounts (www.wsj.com)
submitted 2 years ago by brihuang95@sopuli.xyz to c/worldnews@lemmy.ml
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Ah yes more big bank shenanigans....

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[–] eyy@lemm.ee 3 points 2 years ago

These sort of fines should always be tied to a percentage of the company revenue to be meaningful.

[–] SuiXi3D@kbin.social 1 points 2 years ago

Ah yes, a slap on the wrist. That’ll teach ‘em!

[–] keeb420@kbin.social 1 points 2 years ago (1 children)

i wish we arrested executives that engaged in fraud still. oh well.

[–] tabularasa@lemmy.world 2 points 2 years ago

Agreed. Zero motivation to stop being crooks.

[–] KoboldCoterie@pawb.social 0 points 2 years ago (1 children)

Article is paywalled :(