William Doonan - Tax Attorney in New York

Showing posts with label Scandal. Show all posts
Showing posts with label Scandal. Show all posts

Tuesday, March 21, 2017

Wells Fargo CEO Commits to Fixing Fake Account Scandal

Wells Fargo CEO Commits to Fixing Fake Account Scandal by William Doonan

It remains one of the most embarrassing and customer-enraging PR crises in recent memory. The Wells Fargo fraudulent account scandal, in which thousands of employees were complicit in creating millions of fake accounts using real customers’ information, not only hurt the company’s bottom line but destroyed the trust many had in one of the largest banks in the nation.