Post Profile






Fair Game: In Wells Fargo’s Bogus Accounts, Echoes of Foreclosure Abuses

The bank’s practice of opening fake accounts and charging customers fees to do so has parallels with its mistreatment of some borrowers after the financial crisis.
read more

share
See more about: Wells Fargo

Related Posts


L.A. sues Wells Fargo, alleging 'unlawful and fraudulent conduct'

United States / Los Angeles : LA Times: Local

Rigid sales quotas at Wells Fargo Bank have driven employees to open unauthorized accounts for customers, sticking them with bogus fees and damaging their credit, according to a city of Los Angeles lawsuit that echoes a Times invest...

Today’s Fraud From Our Benevolent Financial Overlords

Politics : Lawyers, Guns & Money

Wells Fargo edition: In 2015, the city of Los Angeles sued Wells Fargo WFC -0.96% for unethical customer conduct, accusing the bank of secretly opening unauthorized accounts that then accrued bogus fees. One year later, Wells is pay...

Wells Fargo Exec Pay Clawbacks Could Hurt Like Fake Accounts

Business & Finance / Taxes : The Tax Lawyer

Wells Fargo execs may have to return bonuses tied to fake bank accounts. And that may give the execs a taste of what it's like to have phantom income they get to pay taxes on but don't get to keep.

What's the worst bank in America?

Lifestyle / Fashion : AOL: Style

Although Wells Fargo has been making headlines recently about the company creating bogus accounts under customers names - it's apparently not the worst bank in America. After sifting through more than five years of data on regulator...

Sen. Elizabeth Warren Goes Viral With Blistering Takedown Of Wells Fargo CEO John Stumpf [VIDEO]

LGBT / Gay : Joe. My. God.

USA Today reports: Wells Fargo CEO John Stumpf told the Senate Banking Committee he was “deeply sorry” Tuesday over allegations the bank opened millions of accounts without customers’ permission in order to meet aggressive sales quo...

Comments


Copyright © 2016 Regator, LLC