Major US Bank Will Hand Out $1,400,000 for Treating Group of Americans As Criminals, Giving ‘Fake Reasons’ To Deny Services: CFPB

The Consumer Financial Protection Bureau (CFPB) says it’s ordering financial giant Citibank to shell out over a million dollars to potential customers who were treated like criminals. In a press release, the CFPB says Citi violated the Equal Credit Opportunity Act by denying services to people based on their heritage. The agency says Citi discriminated...