Citigroup can pay $25.9 million in fines and redress to shoppers after illegally discriminating in opposition to bank card candidates that the financial institution recognized as Armenian American, in keeping with the Shopper Monetary Safety Bureau.
“Citi stereotyped Armenians as vulnerable to crime and fraud,” CFPB Director Rohit Chopra stated. “In actuality, Citi illegally fabricated paperwork to cowl up its discrimination.”
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