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California Sues JP Morgan-Chase, Claims Longrunning Fraud Against Credit Card Holders

Thursday, May 9, 2013 - 5:46 PMJPMorgan Chase Bank, Dearborn - Details
California today (May 9) filed suit accusing JP Morgan-Chase alleging fraudulent, illegal and abusive debt collection practices against credit card holders spanning at least the past three years:

California accuses JPMorgan Chase of debt-collection abuses - latimes.com

The lawsuit cites what it calls illegal robo-signing, "sewer service" litigation, failure to even notify credit card holders that they were being sued and getting default judgments and garnishing wages accordingly.

“This enforcement action seeks to hold Chase accountable for systematically using illegal tactics to flood California’s courts with specious lawsuits against consumers," California Attorney General Kamala Harris said.
5
me1004me1004343 posts since
Jan 16, 2010
Rep Points: 2,350
1. Thursday, May 9, 2013 - 9:49 PM
Good move; I do hate Chase for their often ruthless behavior toward their customers.
2
51hh51hh1,460 posts since
Jan 16, 2010
Rep Points: 6,348
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