Published On: Fri, Aug 21st, 2020
World | By

TD Bank fined $122M by U.S. consumer regulator for pushy tactics selling overdraft service

TD Bank machine

TD Bank has agreed to pay back $ 97 million US to 1.4 million of its U.S. customers for deceptive marketing tactics to sell them an overdraft service the bank claimed was a free perk but in reality was not. In addition to restitution to customers, the bank will pay a penalty of $ 25 million.

CBC | World News




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