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Well, it grabbed my attention. The page one, above-the-fold headline seemed simple enough. It read “Wells Fargo Fined For Sales Scam.” But what the article recounted was a cautionary tale about corporate culture, ethics, and business profitability. Wells Fargo Bank was fined $185 million b...
For more information on protecting yourself from fraud and scams, visit theWells Fargo Security Center To learn more about common elder fraud scams visit: AARP Scams and Fraud National Center on Elder Abuse Federal Bureau of Investigation, 2023 Elder Fraud Report ...
Scammers impersonating tech support companies, government agencies, and even Wells Fargo to pressure you to act right away. Don’t be afraid to end communication with the person who contacted you so you can have time to do more research. ...
Americans were stunned to learn earlier this month that Wells Fargo employees had opened as many as two million fake accounts since 2011, and that 5,300 people had been fired as part of the scam since then. The Justice Department launched an investigation two weeks ago. Two Congressional hea...
Byline: Andy Peters The phony account scandal that occurred at Wells Fargo won't happen at...Peters, Andy
Watch out for scammers who may be able to spoof a phone number so your caller ID reads “Wells Fargo.” Step 2: Don’t share private account information. Remember that Wells Fargo employees will not contact you and ask for your PIN, password, or one-time access codes. This information...
For all of you who bank with Wells Fargo, if you receive an unexpected robocall informing you that Wells Fargo has put a hold on your account, or that they’ve run into an issue with your account, we advise you to hang up now! Targeting Wells Fargo customers across the nation, scam...
Yet she also renewed her call for the Wells Fargo CEO to "return every nickel he made during the scam." On Twitter, Warren said a CEO "should not be able to oversee a massive fraud & simply walk away to enjoy his millions in retirement." If @WellsFargo's John Stumpf is leaving ...
The operating ploy that led Wells Fargo employees to open up millions of unauthorized bank and credit card accounts to meet cross-selling targets wascategorized by Democratic Senator Elizabeth Warrenas “gutless” and a “scam.” And one workplace expert contends that the bank, which alleg...