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Currently Browsing: Results for Tag "fine"

Wells Fargo faces $185 million fine for massive fraud and theft scheme, 5,300 employees fired

Wells Fargo faces $185 million fine for massive fraud and theft scheme, 5,300 employees fired For the past five years, thousands of Wells Fargo employees collectively participated in a scam to systemically defraud and abuse its customers.The problems at Wells Fargo are tied to a company culture that values cross-selling products across the entire range of services that the bank offers.