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Bank of America Caught Taking Customer Money in Wrongful Garnishments

Posted by Luke Wallace | May 04, 2022 | 0 Comments


Are Big Banks Criminal Enterprises, or Just Petty Thieves?

The Consumer Financial Protection Bureau (CFPB) issued a ten million dollar fine and ordered Bank of America to repay money it froze and then removed from customer accounts illegally.

You would think bankers would know the law, they sure use the law to their advantage when it helps them. Yet, Bank of America ignored the law and its obligation to its customers according to consumer watchdog CFPB.

Here is what the CFPB had to say:

Bank of America Illegal Garnishments

About the Author

Luke Wallace

Luke Wallace is a father, husband and a trial lawyer from Tulsa, Oklahoma. He graduated from the University of Tulsa College of Law in 1994 and has been practicing since. Along with his partner, David Humphreys, he has tried jury trials from coast-to-coast. Some of these jury verdicts for consume...

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