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@[email protected] to United States | News & [email protected]English • 5 months ago

How a major bank cheated its customers out of $2 billion, according to a new federal lawsuit

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How a major bank cheated its customers out of $2 billion, according to a new federal lawsuit

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@[email protected] to United States | News & [email protected]English • 5 months ago
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An explosive new lawsuit filed by the Consumer Financial Protection Bureau (CFPB) alleges that Capital One bank cheated its customers out of $2 billion.
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  • @[email protected]
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    4•5 months ago

    [Ramaswamy has posted on X several times about the CFPB. The day after Musk’s post, he said, “consumers are no better off for its existence. Quite the contrary, actually.”]

    People are no better off for Ramaswamy and Musk’s existence. Quite the contrary, actually.

  • Whirlygirl9
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    19•5 months ago

    Basically Capital One pulled a bait and switch with interest rates and hid higher yielding products based on the reputation of ING Direct which they bought. With the trump administration, probably nothing will happen to them. there saved you a click.

  • JWBananas
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    4•5 months ago

    The bigger issue at the moment is their direct deposit outage.

    https://www.usatoday.com/story/money/2025/01/16/capital-one-deposit-issues/77741161007/

    • @[email protected]
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      1•5 months ago

      That’s due to FIS being down the other day.

  • @[email protected]
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    8•5 months ago

    Which will soon be forgotten thanks to presidential firin…….efficiency

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