Fifth Third Bank opened fraudulent accounts says CFPB

 

Source: Stacy Cowley - N.Y. Times ( Paid Registration )

For years, Fifth Third Bank, a large regional bank based in Ohio, opened unauthorized accounts in customers’ names as part of an aggressive sales strategy that foisted credit cards, online banking services and other products on people without their knowledge, according to a lawsuit filed on Monday by one of the bank’s federal regulators.

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