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Chase Bank, JPMorgan Chase To Refund Customers $309 Million For Unfair Billing

Thursday, September 19, 2013 - 7:00 PMJPMorgan Chase Bank, Dearborn - Details
Federal regulators on Thursday ordered Chase Bank and JPMorgan Chase to refund $309 million to more than 2 million customers for illegally billing them for credit-monitoring services they never received. Chase also must pay $80 million in fines, submit to an independent audit, and strengthen oversight of third-party vendors who manage credit card “add-on” products that promise to protect customers from identity theft and fraud.

Chase Bank, JPMorgan Chase to refund customers $309 million for unfair billing | McClatchy
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