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nov
16

Aussie Bank Fined $150,000 for Upping Problem Gambler's Credit Limit

Tags: Australia, CBA, Commonwealth Bank of Australia, problem gambling
Posted on 16 November 2020 by "T".

The Commonwealth Bank of Australia (CBA) has been fined AU$150,000 (US$107,050) by the Federal Court on October 22nd for upping the credit card limit of a problem gambler.

The bank has breached the National Consumer Protection Act 2019, according to the Federal Court.

Read more » Aussie Bank Fined $150,000 for Upping Problem Gambler's Credit Limit


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