B of A hit with $250M in fines after ‘double-dipping’ fees, fake accounts | Morning in America

Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent. Gary B. Smith emphasizes the pressure put on sales reps that led to unnecessary fees on the customers. Watch #MorningInAmerica: https://www.newsnationnow.com/joinus #BOA #overdraftfees #fakeaccounts Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Adrienne Bankert. Weekdays starting at 7a/6C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all America. More from NewsNation: https://www.newsnationnow.com/ Get our app: https://trib.al/TBXgYpp Find us on cable: https://trib.al/YDOpGyG How to watch on TV or streaming: https://trib.al/Vu0Ikij