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3 former Wells Fargo execs ordered to pay over $18 million in fake sales account scandalThree former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal ... “This case stems from one of the largest scandals in banking ...
Wells Fargo has agreed to pay $3 billion to resolve criminal and civil claims involving excessive and unrealistic sales goals that led employees to falsify records and create fake customer accounts to ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
A business in the Houston-area says $40,000 was stolen from their account, but Wells Fargo says no fraud was committed.
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
HOUSTON - In a letter, Wells Fargo ... account when they had made the bank aware of the first one. "Three days later, they sent us a letter saying the case was closed. They didn't think this was ...
WASHINGTON (Reuters) -A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's long-running fake accounts scandal ... said from the ...
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