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So the government gets to keep $1B collected from WF. What about the people who overpaid all those fees? Are they being refunded?
by monster_group 8y ago
So the government gets to keep $1B collected from WF. What about the people who overpaid all those fees? Are they being refunded?
- commanderjroc 8y agoI got an email today about them settling a class action lawsuit that covers this. https://wfsettlement.com https://wfsettlement.com
- rgbrenner 8y agoThe CFPD is required to use all money from fines for victim compensation, and where that's not practical, they keep it to compensate future victims or they can spend it on consumer education and financial literacy programs. They are not permitted to spend the money on anything else.