Citi fined $26M for discrimination

[jefferson1]

Citigroup has been ordered to pay $25.9 million for illegally discriminating against Armenian Americans. According to regulators, the bank singled out applicants of Armenian descent as more likely to commit fraud and trained employees to deny credit card applications with last names ending in common Armenian suffixes. They were found to do the same with applications from Glendale, Calif., where about 15% of Armenian Americans reside. Citi, which acknowledged that "a few employees took impermissible actions," will pay $24.5 million in fines and $1.4 million to impacted customers.

[praying]

1 minute ago, jefferson1 said:

Citigroup has been ordered to pay $25.9 million for illegally discriminating against Armenian Americans. According to regulators, the bank singled out applicants of Armenian descent as more likely to commit fraud and trained employees to deny credit card applications with last names ending in common Armenian suffixes. They were found to do the same with applications from Glendale, Calif., where about 15% of Armenian Americans reside. Citi, which acknowledged that "a few employees took impermissible actions," will pay $24.5 million in fines and $1.4 million to impacted customers.

a armenians nijanga cards teesukunna intha bokka padedi kademo..