I am writing this blog to dispel any public relations talking points by the Wells Fargo CEO, John Stumpf, along the lines that he is taking full responsibility for the scandal by which employees opened new customer bank accounts on a wide spread basis without the clients’ prior knowledge or approval. There is the attempt for the management to look as if they are taking corrective steps by the firing of numerous employees caught in the practice of these fraudulent activities. The problem is that this has been their modus operandi for years. Their acting before the 9/ 20/16 U.S. congressional hearings was a total sham. I can prove this by demonstrating their pattern of dealing with scandal by the following 2013 report.
The Source of the following material is from: The 12/23/2013 Consumerist blog by Chris Morran:
“A few months back, we told you about the 30 Los Angeles-area Wells Fargo employees who became former…
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