Chase fined $136 million for illegal debt collection practices

``The federal Consumer Financial Protection Bureau alleges that the bank illegally relied on robo-signing -- signing large numbers of documents -- and sold "false debts to third-party collectors, including accounts with unlawfully obtained judgments, inaccurate balances and paid-off balances." The bureau also said Chase filed "misleading debt-collection lawsuits against consumers using robo-signed and illegally sworn statements to obtain false or inaccurate judgments for unverified debts."''