Bank of America falls victim to fake press release hoax

It appears to be an attempt to damage the brand.

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The site has all the trappings of a Bank of America-sponsored venture, but the content is clearly an attempt to damage the brand. As The Wall Street Journal points out: “It bears all the hallmarks of the recent Occupy protests against the bank. The site appears to take issue with BofA for ‘funding coal’ and for not paying taxes in 2010, a year it lost money. There are also several snide remarks about mortgages.”

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