US Regulators Order JPMorgan To Refund $309 Million Over Billing

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US Regulators Order JPMorgan To Refund $309 Million Over Billing

US Regulators Order JPMorgan To Refund $309 Million Over Billing
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US Regulators Order JPMorgan To Refund $309 Million Over Billing

by Wochit 0:32 mins

U.S. regulators ordered JPMorgan Chase to refund about $309 million to credit-card customers who were billed for identity-theft protection services that they did not receive. JPMorgan, which was fined $920 million by regulators earlier over separate trading issues, also must pay a $20 million penalty to the Consumer Financial Protection Bureau and $60 million to the Office of the Comptroller of the Currency.

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