Australia's largest bank faces criminal charges over CommInsure scandal | ABC News
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CommInsure faces criminal charges
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The first charges have been laid, flowing from the banking royal commission. The Commonwealth Bank's life insurance arm Comminsure has been charged with 87 counts of hawking its products during unsolicited telephone calls. www.7NEWS.com.au #7NEWS | 7NEWS Sydney
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Commonwealth Bank is the first financial institution to be charged with a crime stemming from the banking royal commission. Its insurance arm CommInsure is accused of illegally selling products over the phone and faces almost $2 million in fines. www.7NEWS.com.au #Banking #7NEWS | 7NEWS Sydney
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