Tag: banking

Wells Fargo Fined $185 Million For Illegal Banking Practices [VIDEO]

Wells Fargo was fined $185 million Thursday for illegal banking practices, including issuing credit cards without customer consent and piling late fees onto accounts customers didn’t know they had. The bank, which serves approximately 40 million customers, has fired 5,300 employees for creating over 2 million fake accounts. “Wells Fargo employees secretly opened unauthorized accounts…