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Wells Fargo Fraud

Banks Used Low Wages, Job Insecurity To Force Employees To Commit Fraud

Dave Johnson | Posted 09.20.2016 | Business
Dave Johnson

Banks profit from low wages and job insecurity in more ways than the obvious. They don't just pocket the wage differential; they use the poverty-level wages and job insecurity to force employees to do unethical things they couldn't otherwise get them to do.

Shahien Nasiripour

Wells Fargo Illegally Pushed Thousands Of Borrowers Into Subprime Mortgages, Falsified Loan Documents, Federal Reserve Says

HuffingtonPost.com | Shahien Nasiripour | Posted 09.19.2011 | Business

WASHINGTON -- Perhaps more than 10,000 Wells Fargo borrowers were inappropriately steered into more expensive subprime mortgages or had their loan doc...

California AG: Wells Fargo Committed Securities Fraud

Los Angeles Times | Martin Zimmerman | Posted 05.25.2011 | Business

The state of California accused Wells Fargo & Co. of fraud Thursday for the company's role in an investment meltdown that has been compared to the Ber...