Santander hit with $6M fine for bad billing practices

SANTANDER BANK has agreed to pay a $6 million fine to the U.S. Comptroller of the Currency for what the regulator says were violations of the Federal Trade Commission Act regarding the bank's billing practices for an identity protection product, Sovereign Identity Protector.
SANTANDER BANK has agreed to pay a $6 million fine to the U.S. Comptroller of the Currency for what the regulator says were violations of the Federal Trade Commission Act regarding the bank's billing practices for an identity protection product, Sovereign Identity Protector.
BOSTON – The U.S. Comptroller of the Currency has fined Santander Bank NA $6 million for violating the Federal Trade Commission Act as it relates…

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