Citi to Refund $330M to Credit Card Customers It Overcharged

Re:Citi to Refund $330M to Credit Card Customers It Overcharged by paulmd on Friday February 23, 2018 @01:45PM (#16448343)

Ah yes, the well-known "if they don't notice you took it, it's not a crime" loophole.

And no, the money wouldn't come from customers, why would it? Citi is a for-profit entity, this came out of their profits.

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Re:Citi to Refund $330M to Credit Card Customers It Overcharged by basementcat on Friday February 23, 2018 @01:49PM (#16448374)

Profits come from customers.

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Re:Citi to Refund $330M to Credit Card Customers It Overcharged by toss1 on Friday February 23, 2018 @02:06PM (#16448488)

Right, yes, so it doesn't matter how much they steal from customers.

Got it.

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Re:Citi to Refund $330M to Credit Card Customers It Overcharged by conanbatt on Friday February 23, 2018 @02:19PM (#16448603)

Its double stealing if the consumer pays for the regulation and the scam at the same time.

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Re:Citi to Refund $330M to Credit Card Customers It Overcharged by toss1 on Sunday February 25, 2018 @01:34PM (#16460366)

The point of the regulation is to prevent the scam, or recover for the customer the scammed funds.

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