Wells Fargo Scandal: 5 Things you Need to Know!
Wells Fargo Scandal: 5 Thing you Need to Know!
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Employees of the Giant US Bank Wells Fargo spent years setting up fake accounts in order to scam money from customers. WatchMojo News presents 5 facts about the scandal, examining how and why the fraud came about, who committed it, what kind of effect it had, what are the larger implications for banking in America.
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10 thoughts on “Wells Fargo Scandal: 5 Things you Need to Know!”
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you folks do a better job than mainstream media; good for you!
Wells Fargo pushes their tellers to add additional services, and while they
only make 12 bucks/hr, if they hit those incentives, they end up making
$5-7 an hour more.
It needs to be Shut-Down ASAP.
lol 25 dollars per customer after taking 5 million. where does the other
125 million go?
This is why I use credit unions and local banks.
Let’s make the whole banking system public because we know that there is
never corruption in government. We also know that government is the most
efficient institution in any economy, thus our savings and investment will
flourish under its control. #socialism.
Iceland put all of their bankers in jail for life, and they’ve been doing
great ever since. We should do the same.
I never trusted Wells. They charge you for not having enough money and
charge you if you don’t use money. Doesn’t make sense.
Just checked my account and saw $5 transferred to an account I don’t own.
Thanks, Wells Fargo.
And this is part of why I’ve been “banking” with a credit union :/ Just
can’t trust these big companies anymore.