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KM Financial Solutions | UPDATE 5-Wells Fargo to pay $3 bln to U.S., admits pressuring workers in fake-accounts scandal
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UPDATE 5-Wells Fargo to pay $3 bln to U.S., admits pressuring workers in fake-accounts scandal

21 Feb UPDATE 5-Wells Fargo to pay $3 bln to U.S., admits pressuring workers in fake-accounts scandal

Posted at 00:32h in News by
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Wells Fargo & Co has
agreed to pay $3 billion to resolve criminal and civil probes
into fraudulent sales practices and has admitted to pressuring
employees in a fake-accounts scandal, U.S. officials said on
Friday, wrapping up one of the last major investigations looming
over the bank.

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