Bank of America may be Implementing Illegal Practices for Bank Services

Shub & Johns LLC is investigating claims that some consumers are being illegally overcharged for banking services and/or have bank accounts opened in their names without their consent, and often without their knowledge. Millions of people across the United States use Bank of America, and if you have an account, chances are that you may have been affected by this nefarious scheme.

WHAT TYPES OF ILLEGAL PRACTICES DOES BANK OF AMERICA USE?

One of the most common schemes that Bank of America has used in the past was the double dipping scheme where Bank of America would repeatedly post penalties on just one transaction over and over, racking up tens of millions of dollars in resubmitted transactions. Further, it is reported that Bank of America has withheld credit card cash and point rewards for many customers, especially targeting new customers who are persuaded by sign-on bonuses and end up not receiving these bonuses in the end. Finally, one of the most significant offenses that Bank of America has allegedly engaged in is opening bank accounts without the knowledge or permission of customers and clients. Bank of America employees would sign up customers and use their credit scores which in the end negatively impacted customers’ credit scores in addition to the monetary loss from repeated bank fees and withholding point benefits

AM I A VICTIM OF THE ILLEGAL PRACTICES OF BANK OF AMERICA?

If you have used Bank of America in the past and have faced some of the aforementioned issues and suspect being charged illegitimate fees then you may be a victim. If you have not received fees but later find out that an additional Bank of America account was opened in your name and adversely affected your credit score you may also be entitled to compensation.

CONTACT US TODAY!

If you are a Bank of America customer, you may have had illegal and deceptive fees posted on your account and have been affected by fake bank accounts opened in your name. These types of illegal fees may include random overdraft fees, account fees, and interest charges that are not legitimate. If you suspect that Bank of America has posted illegal fees or opened an account in your name and without your consent, then please join Shub & Johns’ investigation by filling out our form below or contact us at 610-477-8380 or info@shublawyers.com. Our class action attorneys are here to help you get justice! All consultations are free of charge.