Wachovia Agrees to Pay $144M To Settle OCC Claims
The settlement is the result of an 18-month investigation by the Office of the Comptroller of the Currency, a unit of the Treasury Department.
The Charlotte, N.C.-based bank agreed to make restitution to all consumers who claim to have been affected, up to $125 million. The bank also agreed both to contribute $8.9 million to consumer education programs for the elderly...
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