International

Umpqua Bank rejects $2 million from Black owner seeking to pay off mortgage — but takes offer from white male buyer

     This forced Ms. Kihagi to pay the demanded amount plus daily interest. The funds – close to $2 million – were wired on April 5, 2019. Three days later, Umpqua returned the money as rejected, stating they had been shorted a small amount and that they would not accept payment unless Ms. Kihagi signed the extorting deal she rejected. […]