wells fargo bank fraud
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Wells Fargo in Trouble Again, This Time for Illegal Car Repossessions
Just when it looked as if things could not get worse for Wells Fargo, the bank took another beating Thursday when it agreed to pay $24 million for improperly repossessing cars it financed for members of the U.S. military, the Los Angeles Times reports. A Justice Department investigation revealed that from 2008 until the middle…
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Elizabeth Warren Tears Into Wells Fargo CEO During Senate Banking Committee Hearing
“Mr. Stumpf, the Wells Fargo Vision and Values statement [pdf], which you frequently cite, says, quote, ‘We believe in values lived, not phrases memorized. If you want to find out how strong a company’s ethics are, don’t listen to what its people say; watch what they do.’ So, let’s do that.” So began Democratic Sen.…