after-the-2008
Wells Fargo will pay $190 million to settle customer fraud case
September 8, 2016 by creative · Leave a Comment
“Wells Fargo reached these agreements consistent with our commitment to customers and in the interest of putting this matter behind us,” the bank said of its settlement with California prosecutors and federal regulators. The Consumer Financial Protection Bureau will receive $100 million of the total penalties – the largest fine ever levied by the agency, which was conceived after the 2008 financial crisis. “Today's action should serve notice to the…
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Wells Fargo will pay $190 million to settle customer fraud case