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Capital 1 accused of cheating customers out of $2 billion
U.S. regulator accuses Capital One of ‘cheating’ customers on interest rates
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading them about interest rates.
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.
Capital One allegedly cheated customers out of $2 billion, CFPB says
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
1d
on MSN
Capital One lawsuit reveals how bank customers can get smart and get their money’s worth
A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up ...
Opinion
3d
Opinion
Capital One High-Yield Account Wasn’t
Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...
Lawyer Monthly
4d
Capital One Accused of Defrauding Customers of $2B in Interest
Capital One faces a lawsuit for deceiving consumers on savings account rates, causing $2B in potential losses.
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