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CBA hit with criminal charges over junk insurance

James Frost
James FrostFinancial services writer
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Commonwealth Bank has been hit with 30 criminal charges for its false and misleading conduct in the sale of consumer credit insurance policies between 2011 and 2015.

Commonwealth Bank is facing a maximum penalty of $51 million. David Gray

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    Original URL: https://www.afr.com/companies/financial-services/cba-hit-with-criminal-charges-over-junk-insurance-20210916-p58s8r