The Traderszone Network

Published in TZ Latest News 18 September, 2016 by The TZ Newswire Staff

Dissecting Wells Fargo’s Fraud

The nation’s third biggest bank by assets got caught with its hand in the cookie jar. Last week, Wells Fargo (NYSE: WFC) agreed to pay a $185 million fine to banking regulators after an internal investigation showed that employees had opened 2 million checking and credit card accounts for customers between 2011 and 2015 without the consent of the accountholders.

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