By Short-E

Wells Fargo was hit with $185 million in fines because 5,300 employees created phony bank accounts worth over $2 million dollars.

Wells Fargo customers had no idea that they were paying ghostly monthly fees for accounts that they never approved of since 2011. CNN is reporting that Wells Fargo employees went as far as creating phony pin numbers and fake email addresses to enroll customers in online banking services.

Read more about this report here. 

Souce : CNN Money 


Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From 1025 KSFM

Get The App
Follow Us On Facebook

Listen Live