Wells Fargo reaches $3 billion settlement with DOJ, SEC over fake-accounts scandal
Feb. 21, 2020 – Renae Merle, Washington Post – Wells Fargo agreed Friday to pay $3 billion to settle potential federal criminal and civil charges that, for more than a decade, the bank’s aggressive sales goals led to widespread consumer abuses, including millions of accounts opened without customers’ consent. https://www.washingtonpost.com/business/2020/02/21/wells-fargo-fake-accounts-settlement/
Tags: Corporate Cri, Wells Fargo