Tue. Aug 13th, 2024

Australia's largest bank faces criminal charges over CommInsure scandal | ABC News

Australia's largest bank faces criminal charges over CommInsure scandal | ABC News

Australia's largest bank is facing 87 criminal charges over unscrupulous practices in its life insurance arm — the first major bank to face criminal charges following the banking royal commission.

Commonwealth Bank's insurance arm CommInsure has been charged with "hawking" for trying to sell insurance products through unsolicited phone calls.

Read more here: https://www.abc.net.au/news/2019-10-04/cba-faces-criminal-charges-comminsure-scandal/11573790

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