Date Posted:

September 8, 2016

Post Author

Andres Beregovich


At Wells Fargo, widespread illegal banking practices by employees secretly ripped off customers to meet internal quotas. Approximately 1% of Wells Fargo employees systematically engaged in a practice of opening 1.5 million fake bank and credit card accounts from real customers without their consent. Customers often accumulated late fees in the hundreds of thousands. Read more here.