'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.
消费者金融保护局（CFPB）今天针对惯犯第五第银行采取了一系列违法行为的行动，导致该银行支付2000万美元的罚款，并向约35,000名受害消费者支付赔偿金，其中包括约1,000名被收回汽车的受害者。具体而言，CFPb命令第五第三银行支付500万美元罚款，因为对已有保险覆盖的借款人强制投保车辆保险。CFPb还提交了一项拟议的法院命令，要求第五第三银行支付1500万美元罚款，因为在其客户的名字下开设虚假账户。拟议的法院命令禁止第五第三银行设定员工销售目标，激励欺诈开户行为。