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 […]
Bank of America Tops the JD Power List of the Most Hated Banks It may be 8 years since the onset of the worst financial crisis in American history since the Great Depression but Americans still haven’t forgiven the banks for the role they played in creating the crisis. In its latest survey of the U.S. […]
Wells Fargo Must Pay $4 Million For Credit Card Violations More Than 1,300 New Yorkers Expected to Receive Restitution Payments Averaging Approximately $1,600 Governor Andrew M. Cuomo today announced that Wells Fargo Bank will pay a $2 million penalty and provide approximately $2 million in direct consumer restitution payments for violations uncovered by a […]
Banks Were Committing Unlawful Foreclosures Against Servicemembers While They Were Busy Defending Our Freedom The Justice Department announced today that under its settlements with five of the nation’s largest mortgage servicers, 952 service members and their co-borrowers are eligible to receive over $123 million for non-judicial foreclosures that violated the Servicemembers Civil Relief Act […]
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