wells fargo fraud
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Wells Fargo Uncovers 1,400,000 More Fake Accounts in Growing Sales Scandal
Nearly a year after news broke that Wells Fargo employees—under the pressure of meeting the bank’s cross-selling sales quotas—created 2.1 million fake accounts under the names of current customers, the bank has uncovered 1.4 million more fake accounts. The bank’s problems are now worse than previously thought. CNN Money reports that the additional fake accounts…