Did Wells Fargo charge you because of a fake account?

[HillCountry]

Just went to a local WF branch this morning to close one my account. Seems pretty friendly to me. I have enough bank accounts else where, the WF I opened was only for temp use.

 

[Helen]

I wish I had an account with them just so I could close it.

 

[redduck]

I wish I had an account with them just so I could close it.

And, just what makes you think you don't have an account with them?

 

[Just_Steve]

And, just what makes you think you don't have an account with them?

Ha, made me laugh.

 

[jazz4cash]

Since few (if any) went to jail over the 2008 financial disaster I do not see people going to jail over this...

Another thing is the bad behavior in 2008 was so widespread it was tough to focus blame. This time it's a lot easier to focus on WF management


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[Helen]

And, just what makes you think you don't have an account with them?

Good one!!!

 

[MichaelB]

Bloomberg reports Wells Fargo CEO Stumpf Quits in Fallout From Fake Accounts - Bloomberg

John Stumpf, who led Wells Fargo & Co. through the financial crisis and built it into the world’s most valuable bank, stepped down as chief executive officer and chairman, bowing to public outcry over legions of accounts opened by his employees for customers who didn’t request them.

 

[Sunset]

He has to hang his head in shame, walking away with up to $137 Million

Hey, now he has time to join this forum

 

[ducky911]

Firing 5,300 employees is a smoke screen! Not only that, I would be willing to bet that not all of these where fired for this specific reason.

You would have to be pretty naive to believe that 5,300 employees came up with this scam on there own. It had to come from higher and was taught as business as usual.