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Wells Fargo

09/26/2016 / By hoaxnews

Wells Fargo or the Federal Reserve: Who’s the Bigger Fraud?

The Wells Fargo bank account scandal took center stage in the news last week and in all likelihood will continue to make headlines for many weeks to come. What Wells Fargo employees did in opening bank accounts without customers’ authorization was obviously wrong, but in true Washington fashion the scandal is being used to deflect […]

09/14/2016 / By hoaxnews

Wells Fargo Fined $185 Million for Fraudulently Opening Accounts

For years, Wells Fargo employees secretly issued credit cards without a customer’s consent. They created fake email accounts to sign up customers for online banking services. They set up sham accounts that customers learned about only after they started accumulating fees. Article by Michael Corkery On Thursday, these illegal banking practices cost Wells Fargo $185 […]

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