Thread regarding Wells Fargo & Co. layoffs

Wells Fargo Reaches $3.75 Million Deal Ending Ponzi-Aid Dispute

Investors who say Wells Fargo Bank NA aided and abetted a real estate Ponzi scheme in which they lost millions asked a federal judge in California for permission to move forward with a $3.75 million settlement.

https://news.bloomberglaw.com/securities-law/wells-fargo-reaches-3-75-million-deal-ending-ponzi-aid-dispute

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Post ID: @OP+1hmxDhvy

3 replies (most recent on top)

SO much corruption and toxicity at Wells Fargo. Fine will be viewed as "the cost of doing business". No ethics here.

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Post ID: @ewd+1hmxDhvy

$3.75M is a rounding error to WF.

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Post ID: @kmi+1hmxDhvy

Sounds like id--ts got suckered in by greed, lost their money and want to blame someone else to try to get their money back.

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Post ID: @xpx+1hmxDhvy

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