The Wells Fargo Bank Account Scandal Costs Wells Fargo Another $480 Million To Pissed Off Share Holders Wells Fargo bank account scandal has cost Wells Fargo another $480 million. Wells Fargo announced Friday afternoon that it reached a new settlement over its sales practices. The bank will pay $480 million to a group of shareholders. The […]
Wells Fargo Sales Tactics Are Reportedly Under Investigation By The Federal Reserve And Office Of The Comptroller Of The Currency The lawsuit filed by Los Angeles City Attorney Mike Feuer and a group of deposit holders over Wells Fargo sales tactics seems to have gotten the attention of the Office of the Comptroller of the Currency and the […]
It Appears Wells Fargo’s Alleged Fraud Wasn’t Limited To California “The allegations against Wells Fargo could damage the bank’s reputation and probably already are being looked into by regulators” -G. Michael Moebs, Moebs Services Inc. As word spread of the lawsuit filed by Los Angeles City Attorney Mike Feuer alleging Wells Fargo victimized its California customers with illegal […]
Los Angeles City Attorney Mike Feuer has sued Wells Fargo Bankers alleging Wells Fargo Los Angeles City Attorney Mike Feuer has sued Wells Fargo Bankers alleging the bank “victimized” its California customers. Feuer accused the bank with using illegal bank tactics. He claims Wells Fargo opened accounts in customer’s names without their permission so employees can reach […]
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