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September 9, 2016 03:57 am PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/NAYJbPXfVfs/wells-fargo-fires-5300-employ.html
Wells Fargo fires 5,300 employees for opening 2M fake accounts in customers' names
5,300 Wells Fargo employees created 2 million phony bank accounts and racked up huge fees, raking in commissions from their employer for being such great salespeople for the bank's services; meanwhile, the fees associated with the 2 million fake accounts created the appearance of much greater earnings for the bank, which it trumpeted to its investors. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/NAYJbPXfVfs/wells-fargo-fires-5300-employ.html
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