Wells Fargo’s Problems Go Farther

Image from San Francisco Business Times.

In recent weeks, news reports have revealed that Wells Fargo is a pillar of American greed.  It was reported that two million fraudulent checking, savings, credit and debit card accounts were opened over a period of four years. In addition to consumer fraud, Wells Fargo is also facing class action lawsuits alleging unpaid overtime and off the clock work as a direct result of the lofty sales goals that were impossible for employees to meet on a daily basis. This led to the regular practice of opening fraudulent accounts.[1]