Taking It to the Bank: Wells Fargo Fined $185 Million For Creating Phony Customers

Wells Fargo invented as many as 1.5 million phony accounts. The Bank just got fined $185 million to settle allegations, but to be fair about it, they admit no wrongdoing. The allegations are that Management put so much pressure on people working at the bank to make sales that everybody cut out the middle person. They just made up the accounts. So you still think banks should be allowed to regulate themselves? Read more: https://whistleblower-quitam-attorney.net/blog/wells-fargo-fined-for-phony-customers/#ixzz4JnENm500