Busted: Wells Fargo Axes 5,300 Employees In Banking Industry’s Biggest Cross-Selling Scam Ever
The American College Cary M. Maguire Center for Ethics in Financial Services
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.
Pilcher, Jeffry, "Busted: Wells Fargo Axes 5,300 Employees In Banking Industry’s Biggest Cross-Selling Scam Ever" (2016). In the News. 1628.