Are you a Bank of America customer? Did BofA open a fake account for you without your consent? Did you receive a mail about a class action settlement concerning Bank of America being fined for creating fake accounts without customer consent? This review will help you partake in the class action settlement after confirming the authenticity of the mail.
What Is Bank of America fine for creating fake accounts without customer consent Class Action Lawsuit?
In July 2023, the Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay $90 million in CFPB penalties and $60 million in OCC penalties. According to the CFPB, Bank of America defrauded customers by opening unauthorized accounts on their behalf without consent.
What Is This Class Action All About?
Bank of America customers who had unauthorized accounts opened in their name may have suffered from financial damages as a result of unexpected credit cards on their credit reports. Individuals who were harmed by BofA’s fake account scheme and other conduct may be able to take legal action and recover compensation.
Consumers who check their account reports and find that a fake Bank of America account has been opened in their names should take prompt legal action against the bank. A Bank of America fake account class action lawsuit could recover compensation for fraudulent charges, the impact of a fake credit card and other financial damages.
Who Is Eligible?
This settlement benefits all persons who had an unauthorized account opened by Bank of America.
How To Be Part of This Settlement
To partake in this settlement, class member must submit a valid and timely claim on the settlement website.
What Is The Pay For This Settlement?
The pay for this settlement varies and the proof of purchase is not necessary,
Conclusion
As you submit your claim to the settlement website, just like Daikin recall class action settlement we have reviewed, you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim.
