In the News

Title

Busted: Wells Fargo Axes 5,300 Employees In Banking Industry’s Biggest Cross-Selling Scam Ever

Document Type

Article

Publication Date

9-12-2016

Abstract

According to the CFPB, Wells Fargo employees had been secretly creating unauthorized bank and credit card accounts — millions of them, without people’s knowledge or consent. The scandalous activity was widespread, and persisted for years.