It's only 48 Million scammed from 420k people - business as usual

[digitalincome]

Another bank scam busted. U.S. Bank is refunding about $48 million in the latest federal settlement by a major bank over improper billing for extra credit card products that customers didn't receive.

The Consumer Financial Protection Bureau announced the agreement Thursday with U.S. Bank, the sixth-largest bank by assets. The bank was ordered to repay about 420,000 customers who signed up for credit monitoring products and charged for services they didn't receive.

To the 420,000 people the bank screwed - they were heard to say - "oops - our bad" before checking on lunch reservations.

8425

[surfer]

Yeah, there are scumbags everywhere. An article about what you reference - U.S. Bank refunding $48 million to customers (http://money.cnn.com/2014/09/25/pf/u-s-bank-refund/)

[laidback]

DAMN! The bank I use crooked? Oh well, $48 Million out of $389 Billion is about one-tenth of a percent, don't think they'll declare bankruptcy any time soon!