Business
ME Bank facing 62 criminal charges over mortgage fail – Sydney Morning Herald
The Commonwealth Director of Public Prosecutions will allege ME Bank gave wrong information to customers or failed to notify them altogether about mortgage changes….
Industry-super-linked ME Bank is facing 62 criminal charges for making changes to home loan interest rates and minimum repayments without properly notifying customers over a two-year period.
The corporate watchdog released a brief statement in May announcing criminal proceedings are being taken against ME Bank. The Age and The Sydney Morning Heraldrevealed the nature of the charges in May, but the exact number of charges was until this point unknown.
The CDPP has accused ME Bank of 62 criminal charges…
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