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A man walks past a Bank of America ATM in Charlotte, N.C., May 8, 2013.Davis Turner鈥擝loomberg/Getty ImagesBy Nolan FeeneyApril 9, 2014 5:06 PM EDTBank of America is paying $772 million in refunds and fines to settle accusations by the government that it illegally deceived 2.9 million customers into purchasing additional credit card stanley cup services, regulators said Wednesday.The deal, announced by the Consumer Financial Protection Bureau and the U.S. Office stanley cup of the Comptroller of the Currency, is the largest refund ever ordered by the three-year-old CFPB, as well as the largest settlement over credit-card add-ons won by the federal government, the Associated Press reports.Bank of America both deceived consumers and unfairly billed consumers for services not performed, CFPB director Richard Cordray said. We will not tolerate such practices and will continue to be vigilant in our pursuit of companies who wrong consumers in this market.Bank of America has not admitted to or denied the accusations, but a statement from the bank said it had already ceased offering the products in question and refunded the majority of affected customers.The feds claim that from 2000 to 2011, the Charlotte, N.C.-based bank billed 1.5 million customers a total of $459 million for various identity-protection products without the proper authorization. From 2010 to 2012, the bureau says Bank of America also exaggerated or misstated t stanley cup he benefits of two credit-protection p Cgir Charles Manson Musical Opens in Germany
By Sam FrizellJune 9, 2014 8:36 AM EDTFormer Secretary of State Hillary Clinton remains popular and well-liked for her ten crocs ure as America top diplomat, according to a new poll that puts the potential presidential candidate at the front of the 2016 pack on the eve of her book launch.Two-thirds of registered voters see Clinton as a strong leader, and almost 60% approve of her job as Secretary of State, according to the Washington Post-ABC News poll. Six in 10 Americans said she is honest and trustworthy.Clinton has not announced she is running for President, and said Sunday that she wouldn ;t make a decision until the end of the year. But amidst wide expectations that she ;ll run again in 2016, 66% of Democratic-leaning voters said they would vote for Clinton in a presidential primary, according to the poll. Vice President Joe Biden would receive 12% of votes, while Sen. Elizabeth Warren D-Mass. would garner 7%.In a general election pitting Sen. Rand Paul R-Ky. against Clinton, Clinton would win with 53% of the vote, according to the poll.More Must-Reads from TIMEHow the Economy is Doing in the Swing StatesHarris Battles For the Bro VoteOur Guide to Voting in the 2024 ElectionMel Robbins Will Make You Do ItWhy Vinegar Is So Good for YouYou Dont Have to Dread the End of Daylight SavingThe 20 Best Halloween TV Episodes of All TimeMeet TIM af1 Es Newest Class of Next Generation LeadersContact us at lette jordan rs@time
yuio The 100 Most Influential People in the World
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yuio The 100 Most Influential People in the World