Ive posted several threads in a short period of time about Big Banks and Corporations and Big Pharma criminality. Their ripping off the american people for millions and billions and in turn recieving MINOR slap on the wrist fines...then issuing WE DID NOTHING WRONG but were paying the finet....Your crooks and thieves just like AL Capone and Vito Genovese and Mexican Drug Cartels...
This bank like all the others just laugh at this...they swindled and pocketed alot more than the fine...
Capital One Financial agreed to pay $210 million to resolve charges by banking regulators that its call-center representatives misled consumers into paying for extra credit card products
The enforcement action, announced on Wednesday, is the first by the Consumer Financial Protection Bureau, which said it unearthed the activities through an examination of the bank
The CFPB was created by the 2010 Dodd-Frank financial reform law and is nearing its one-year anniversary.
The government said $150 million of the sanctions will go to reimburse affected customers, while the remaining penalty will be split between the Office of the Comptroller of the Currency, which fined the bank $35 million, and the CFPB, which will collect $25 million.
Consumer agency fines Capital One for card marketing | Reuters