'CFPB Takes Action Against Fifth Third For Wrongfully Triggering Auto Repossessions And Opening Fake Bank Accounts, Would Result In The Bank Paying $20M In Penalties'
'CFPB Takes Action Against Fifth Third For Wrongfully Triggering Auto Repossessions And Opening Fake Bank Accounts, Would Result In The Bank Paying $20M In Penalties'
The Consumer Financial Protection Bureau (CFPB) today took action against repeat offender Fifth Third Bank for a range of illegal activities that would result in the bank paying $20 million in penalties in addition to paying redress to approximately 35,000 harmed consumers, including about 1,000 who had their cars repossessed. Specifically, the CFPB is ordering Fifth Third Bank to pay a $5 million penalty for forcing vehicle insurance onto borrowers who had coverage. The CFPB also filed a proposed court order that would require Fifth Third Bank to pay a $15 million penalty for opening fake accounts in the names of its customers. The proposed court order bans Fifth Third Bank from setting employee sales goals that incentivize fraudulently opening accounts.
消費者金融保護局（CFPB）今天針對慣犯第五第銀行採取了一系列違法行爲的行動，導致該銀行支付2000萬美元的罰款，並向約35,000名受害消費者支付賠償金，其中包括約1,000名被收回汽車的受害者。具體而言，CFPb命令第五第三銀行支付500萬美元罰款，因爲對已有保險覆蓋的借款人強制投保車輛保險。CFPb還提交了一項擬議的法院命令，要求第五第三銀行支付1500萬美元罰款，因爲在其客戶的名字下開設虛假帳戶。擬議的法院命令禁止第五第三銀行設定員工銷售目標，激勵欺詐開戶行爲。