Tag "Wells Fargo Fraud"
Wells Fargo Bankers Take Advantage of Customers Accused of Fraudulent Behavior
Wells Fargo has “victimized” its California customers with illegal bank tactics such as having accounts opened in their names without their permission so employees can reach sales quotas, according to a lawsuit filed by the Los Angeles city attorney. Wells
Read MoreTwo Wells Fargo Units Charged for Anti-Money Laundering Lapses
Reuters – Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a nine-year period, the Financial Industry Regulatory Authority (FINRA) said on Thursday. The
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