MicroWaveJul 12, 2023

Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees

https://lemmy.world/post/1369874

Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees - LemmyWorld

Show threaddoctortofuJul 12, 2023
Why don't penalties for fraudulent or criminal practices START at 100% of all revenue generated by such prectices and go up from there? If the only penalty for stealing $1,000 was a $10 fine, I'd just keep stealing - why are companies expected to do otherwise?
Show threadalaphic
Because they can afford to buy legislators and we can’t
Jul 12, 2023 at 3:36amWeb
Show threaddoctortofuJul 12, 2023
Sigh, sad but true...