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Wells Fargo Hit With A Major Fine Of 185 Million

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Wells Fargo Bank Customers might have had a bank account or credit card in their name that they never knew existed until the fines began to rack up. Wells Fargo employees had regularly signed customers up for services without their consent or knowledge in order to hit sales numbers and receive bonuses. Since then Wells Fargo has agreed to pay a $185 million fine and fired more than 5,300 employees. ” bureau director of the Consumer Financial Protection Bureau Richard Cordray said in a statement "“Because of the severity of these violations, Wells Fargo is paying the largest penalty the CFPB has ever imposed,”"

Added on the 08/09/2016 19:06:43 - Copyright : Wochit

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