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Ex-Tellers Research Paper

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Ex-Inmates get Reprieve over High Debit Card Charges
The New York based bank, JPMorgan Chase has agreed to pay some $440,000 to thousands of ex-prisoners in a class lawsuit. According to a report published by Bloomberg, the lawsuit follows accusations that JPMorgan excessively charged ex-inmates $10 fees for making withdrawals from its bank tellers and accessed another $2 to inmates who used ATM’s outside the bank’s network. The act according to the lawsuit amounted to exploiting a vulnerable group of the society. The bank had earlier unveiled a contract with the Federal Bureau of Prisons to give inmates released from prisons a debit card to help them run their affairs smoothly outside the confines of the prison.

The no bid contract signed
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