Wells Fargo accused of opening fraudulent accounts to meet quotas!

I cannot believe they did this!!!

[link to www.upi.com]

Employees allegedly opened bank accounts without customers' permission in order to reach sales quotas, a lawsuit accusing the bank of fraud says.

The lawsuit, filed Monday in Los Angeles County Superior Court, accuses Wells Fargo of encouraging bankers to engage in illegal sales tactics in order to meet "unreachable goals."

"As a result, Wells Fargo's employees have engaged in unfair, unlawful and fraudulent conduct, including opening customer accounts and issuing credit cards without authorization," the lawsuit, filed by Los Angeles city attorney Michael Feuer, said.









Someone is going to go to jail for this!!!