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News in English (USA) / 24.12.2024 / 06:00

U.S. Government Sues Walmart and Fintech Partner Over Illegal Bank Accounts and Fees for Delivery Drivers

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart and the fintech partner Branch Messenger, alleging that they illegally opened bank accounts for over a million delivery drivers without their consent. The lawsuit claims that these accounts came with costly fees and misuse, resulting in more than $10 million charged to drivers in ‘junk fees’. The CFPB argues that the practices exploited gig economy workers, forcing them to use these high-fee accounts for their wages. Walmart is facing significant scrutiny and potential financial repercussions as the case unfolds.
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