Monday, September 12, 2016

Supervisor Of "Massive Fraud" At Wells Fargo Leaves Bank With $125 Million Bonus

http://www.zerohedge.com/news/2016-09-12/supervisor-massive-fraud-wells-fargo-leaves-bank-125-million-bonus?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

 Carrie Tolstedt, the Wells Fargo executive who was in charge of the unit where employees engaged in "massive fraud"and opened more than 2 million unauthorized customer accounts, a routine practice that employees internally referred to as “sandbagging”, is leaving the giant bank with an enormous pay day, some $125 million.

No comments: