fbpx

Tag Archives | wells fargo

THE PUNISHMENT FOR RIPPING YOU OFF? $124 million payday for Wells Fargo exec who led fake accounts unit

Carrie Tolstedt has made a fortune presiding over Wells Fargo’s efforts to aggressively sell multiple accounts to each of its millions of customers.

Read more…

Continue Reading Comments { 3 }

Wells Fargo Bankers Accused of Fraudulent Behavior, Taking Advantage of Customers


Wells Fargo bankers were allegedly encouraged to “do whatever it takes” to meet sales goals, including withdrawing money from customers’ unauthorized accounts to pay Wells Fargo fees and placing customers into collections when the unauthorized withdrawals go unpaid.

Read more…

Continue Reading Comments { 0 }