Bank of America defends immigrant card program

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NEW YORK (Reuters) – Bank of America Corp. is defending its decision to offer credit cards to people who don’t have U.S. Social Security numbers, amid criticism that the program effectively endorses illegal immigration.

The bank’s pilot program, revealed last week, focuses on Hispanics in the Los Angeles area.

It has spurred opposition in Congress and from grass-roots groups who say many illegal immigrants could benefit, and that the program might foster identity theft, money laundering and terrorism.

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