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Bank of America Opened Fake Accounts To Charge Customers Illegal Junk Fees Featured

BoA defrauded its customers for over a decade by opening fake accounts without consent to boost profits from junk fees. The Consumer Financial Protection Board (CFPB) recently ordered Bank of America (BoA) to pay $100 million to customers for systematically double-dipping on fees imposed on customers with insufficient funds in their account, withholding reward bonuses…

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Amazon Sued For Tricking Users Into Subscribing For Prime Service Featured

Amazon accused of illegally inducing consumers to sign up for its Prime service and then hindering them from canceling their subscription. A recently filed lawsuit alleges that Amazon “duped millions of consumers” into enrolling in Prime by using “manipulative, coercive or deceptive” design tactics on its website known as “dark patterns.” And when consumers wanted…

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