Fifth Third Bank accused of opening fake accounts

Mar 9, 2020 |

Last week, Fifth Third Bank revealed that it was facing a Consumer Financial Protection Bureau enforcement action over “alleged unauthorized account openings.” And Monday, the other shoe dropped when the CFPB said it is suing Cincinnati-based Fifth Third alleging the bank’s employees opening accounts in customers’ names without their consent in order to meet sales goals […more]

Posted in: San Francisco

Comments are closed.