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Understanding the Wells Fargo Financial Fraud

Recently, you may have seen news reports of the Wells Fargo financial fraud scandal. The bank is under public and federal scrutiny, with the Senate currently conducting an investigation. But what exactly did Wells Fargo do to owe millions in fines and potentially have their CEO imprisoned? In short, employees opened hundreds of thousands fake accounts and credit cards to customers without their knowledge or consent. These acts are serious cases of financial fraud. In […]

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