August 3, 2017
Time to leave Wells Fargo after one more scandal
This latest scandal of consumer abuse comes on top of last year's sales scandal where bank employees were coerced into opening 2.1 million accounts using ficticious info or unauthorized customer info, according to Emily Glazer in The Wall Street Journal (7/29-30/17). Also reported by The New York Times. The insurance Wells Fargo forced on its customers was more expensive than the coverage the vehicle owners already had paid for on their own policies.
Wells Fargo customers need to wake up and leave their bank for another bank or a credit union!