Post Profile

Ex-Wells employees who were fired for NOT committing fraud launch $2.6B lawsuit

When four named whistleblowers came forward to reveal that they'd been illegally fired from Wells Fargo for reporting that the company was experiencing widespread fraud, it was deja vu all over again: Wells also punished whistleblowers who sounded the alarm during the subprime crisis, and was thus so totally compromised that they needed a $36B taxpayer bailout. (more…)
read more


Related Posts

At Countrywide, protecting mortgage fraud involved firing whistleblowers

US Politics / Liberal : Daily Kos

The thing about a corporation committing widespread fraud is that it tends to involve a lot of people, some of whom will not be enthusiastic about committing fraud and may even try to stop it. Michael Hudson at iWatch News reports o...

Senators Call For Labor Dept Probe Into Wells Fargo As Warren Buffett Vows To Keep Silent Until After Election

Business & Finance : Zero Hedge

That did not take long. Just hours after a CNN report suggested that Wells Fargo was retaliating, and firing, company whistleblowers who had spoken out against the company's illegal "account creation" practices (while blaming them o...

How many Wells Fargo employees were fired for NOT committing fraud?

Humor / odd : Boing Boing

When Wells Fargo fired 5,300 employees for opening 2,000,000 accounts in its customers name (stealing their cash and trashing their credit scores in the process), it wanted us all to know that it had cleaned house, because this was ...

Wells Fargo fired the whistleblowers who reported massive fraud, and that's a crime

Humor / odd : Boing Boing

CNN Money has found multiple whistleblowers from Wells Fargo who were willing to go on the record and report that they were fired in retaliation for coming forward to report the massive fraud in which Wells Fargo employees opened up...

Wells Fargo started demanding fraud of its employees in 1998; Illinois cuts Wells off from state business

Humor / odd : Boing Boing

Wells Fargo made a habit of firing employees who didn't make unrealistic sales targets, turning a blind eye to the fraud they had to commit in order to keep their jobs (and firing the whistleblowers who reported the fraud). (more…)


Copyright © 2016 Regator, LLC