U.S. Bank fined $37.5 million for illegally using customer data - Business Insider

The Consumer Financial Protection Bureau fined U.S. Bank $37.5 million for using customer data to open sham accounts and new lines of credit without permission.

After more than a decade of unlawfully accessing customer credit reports to open fraudulent lines of credit and create sham accounts to inflate sales numbers, U.S. Bank is being fined $37.5 million f… [+1991 chars]

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