Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Couple Sues JPMorgan Chase For Ignoring Instructions, Enriching Itself On Fees

Monday, July 16, 2012 - 8:18 PM
In 2005, an Indiana couple sold their baking business for a nice sum of $6.5 million and turned to JPMorgan Chase to place that money in "safe and liquid investments." But the investors say Chase deliberately ignored their wishes and put the millions into high-risk investments that also padded the bank's coffers with "fees upon top of fees upon top of fees."

The Consumerist » Couple Sues JPMorgan Chase For Ignoring Instructions, Enriching Itself On Fees
4
ShorebreakShorebreak2,675 posts since
Apr 6, 2010
Rep Points: 14,527
Reply