Since 2011, wells fargo bankers have opened approximately 1.5 million bank accounts and applied for 565,000 credit cards, completely unauthorized by the customers.
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Wells fargo bank open today columbus day. Wells fargo confirmed to cnnmoney that it had fired 5,300 employees over the last few years. Wells fargo's interest rates, fees and bonus offers aren't much different from its largest competitors in chase and bank of america, but its huge network of branches and atms may make it a convenient choice despite its many errors.
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Wells fargo used fraud to open up fake accounts and force customers into services that they did not need.credit.jeenah moon for the new york times. Open standard account open traditional ira open roth ira. Wells fargo employees secretly opened unauthorized accounts to hit sales targets and receive bonuses, richard cordray, director of the consumer financial protection bureau, said in a statement. Some banks rely heavily on software with algorithms that will direct their bank to close your account based on activity that may not even be suspicious but is flagged by their software.
