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US government fines Wells Fargo $3 billion for its ‘staggering’ fake-accounts scandal

Name: US government fines Wells Fargo $3 billion for its ‘staggering’ fake-accounts scandal
Uploaded: 2020-02-21T15:00:43-08:00
Channel: NBC Palm Springs
Description: (CNN) — Wells Fargo was hit with a $3 billion fine Friday by federal authorities outraged by the millions of fake accounts created at the troubled bank over many years. The settlement with the Justice Department and Securities and Exchange Commission, years in the making, resolves Wells Fargo’s criminal and civil liabilities for the fake-accounts […]

By: NBC Palm Springs

February 21, 2020

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