Americans learned that Wells Fargo employees have been opening unauthorized bank accounts to meet unrealistic sales goals since 2011, but employees have confessed that the fake accounts have been going on a lot longer. Former Wells Fargo branch manager, Susan Fischer, claims that her district manager told her to instruct her employees to open these fake accounts and "do whatever you need to do" in 2007. This resulted in as many as 2 million fake accounts opened and 5,300 people fired prior to the scam. Many Wells Fargo managers have denied their awareness of this problem.
I am very shocked on how many unauthorized bank accounts are opened. This situation would make me feel very unsafe towards my money if I had put trust in this bank, due to the secrets that lay behind them.
http://money.cnn.com/2016/09/26/investing/wells-fargo-fake-accounts-before-2011/index.html
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