As reported today in the New York Times, there are banks across the country providing predatory lenders and fraudulent merchants access to the United States financial system. Suits have already been filed against two banks, Zions Bank of Salt Lake City and First Bank of Delaware.
While anyone can be targeted by unscrupulous marketers, seniors, in particular, are especially vulnerable to mass market fraud. What’s unconscionable is that banks are making money off their share of processing fees and the insufficient fund fees they collect after account holders are fleeced by criminal enterprises.
To all the banks engaging in this process, how about engaging in some Radical Accountability instead?
This segment features companies, organizations, industries, and even individuals who exemplify the power of Radical Accountability (the Heroes who have committed to an unwavering responsibility for getting done what really matters most) and the need for it (the Zeroes).