Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government's investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from milli...
[NEW YORK] Wells Fargo has agreed to pay US regulators US$3 billion to settle three investigations into the bank's damaging fake accounts scandal, the Department of Justice said on Friday.
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Customers might have been victims of Wells Fargo fake accounts as far back as January 2009, revealed a third-party audit of Wells Fargo's records, Consumer Reports says.
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Wells Fargo has agreed to pay US regulators $3 billion to settle three investigations into the bank's damaging fake accounts scandal, the Department of Justice said on Friday. The fine settles criminal and civil liability in the case in which the nation's fourth largest bank between 2002 and