Wells Fargo Bank Scandal Summary
Marketing Topic: Scandal Cover Up
Summary The Wells Fargo Bank’s stock price was climbing higher and higher in that period. The lawmakers began to wonder why this was happening so drastically. Also people were receiving credit cards and bank statements in the mail that they never signed up for. The court brought them on falsely creating account according to this article, “A search warrant released Wednesday by the state Department of Justice shows that agents sought evidence related to allegations that bank employees created up to 2 million bank and credit card accounts without customers' approval in order to meet sales goals.” This lead lawmakers to bringing the Wells Fargo Bank all the way up to the Supreme Court. Where they had put new
Summary The Wells Fargo Bank’s stock price was climbing higher and higher in that period. The lawmakers began to wonder why this was happening so drastically. Also people were receiving credit cards and bank statements in the mail that they never signed up for. The court brought them on falsely creating account according to this article, “A search warrant released Wednesday by the state Department of Justice shows that agents sought evidence related to allegations that bank employees created up to 2 million bank and credit card accounts without customers' approval in order to meet sales goals.” This lead lawmakers to bringing the Wells Fargo Bank all the way up to the Supreme Court. Where they had put new