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Wells Fargo Ends Sales Goals in Wake of Fraud

This is an update to a previously posted article – “Wells Fargo Pays Out $190 in Financial Fraud Claim”. Read the full story here. In the wake of the massive fraud scandal stemming from a sales incentives initiative, Wells Fargo as announced that it is ending the company-wide sales product…

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Wells Fargo Pays Out $190 Million in Financial Fraud Claim

Last week, banking giant, Wells Fargo, agreed to a settlement with federal and state prosecutors in a California court to pay $185 million in penalties and $5 million in damages to affected customers following a wide-spread financial fraud scandal. In May of last year, it was alleged that Wells Fargo…

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