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Richard Fairbank has eight children who will all no doubt drive fancy new sports cars, fly the world in First Class, attend Ivy League schools without incurring school or car loan debts, and purchase luxurious homes without mortgages. (Photo: Marvin Joseph / The Washington Post / Getty Images)

According to Forbes, oligarch Richard Dana Fairbank has a net worth of only $1.4B.

In addition to the CFPB, Capital One has been sanctioned by the FTC, the OCC, and FINCEN.

A criminal indictment or a civil lawsuit is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.





Sources:

https://www.forbes.com/profile/richard-fairbank/

https://www.fincen.gov/news/news-releases/fincen-announces-390000000-enforcement-action-against-capital-one-national

https://www.ftc.gov/news-events/news/press-releases/2021/09/ftc-fines-capital-one-ceo-richard-fairbank-repeatedly-violating-antitrust-laws

https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-101.html

https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-capital-one-for-cheating-consumers-out-of-more-than-2-billion-in-interest-payments-on-savings-accounts/