Tag: bank fraud
Wells Fargo agrees to pay $3B over massive fraud scandal
“We are hopeful that this $3 billion penalty, along with the personnel and structural changes at the Bank, will ensure that such conduct will not reoccur.”
Jail Wells Fargo CEO and Chairman John Stumpf!
Stumpf’s actions were not merely “unethical” — they were criminal. And in the current system, he’ll not only get away with it, he'll profit more than handsomely.