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Discover ordered to pay $200 Million in penalties


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2012 Sep 24, 12:58am   563 views  0 comments

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http://www.centralvalleybusinesstimes.com/stories/001/?ID=21949

Discover Bank must refund approximately $200 million to more than 3.5 million consumers and pay a $14 million civil money penalty, under an order Monday from the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau.

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