Daily Archives: July 19, 2022

Bank of America Fined $225 Million Over Botched Disbursement of State Unemployment Benefits

Posted on July 19, 2022 by Camron Hoorfar

The Consumer Financial Protection Bureau (CFPB) has fined Bank of America $100 million for botching the disbursement of state unemployment benefits at the height of the pandemic, according to a CFPB press release. Bank of America automatically and unlawfully froze … Continue reading →

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