Published on 11 Aug 2017
Josh Sigurdson sits down with author and economic analyst John Sneisen to talk about the latest example of fraud coming from none other than Wells Fargo. Yup, they’re at it again!
Following not only the mortgage backed securities they were handing out eerily reminding people of the 2007 bubble burst, but the bank account fraud scandal they had to spend $142 million settling, Wells Fargo has now been caught committing fraud.
A new lawsuit shows Wells Fargo was charging people for insurance fraudulently and this is resulting in more than $80 million in refunds to 570,000 customers!
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