Monterey Bay Aquarium
★
No title available
he wasn't even looking at me and he found me
No title available
we're not kids anymore.
𓃗
JVL
@theartofmadeline
NASA
Aqua Utopia｜海の底で記憶を紡ぐ
Cosmic Funnies
Sweet Seals For You, Always
Janaina Medeiros
let's talk about Bridgerton tea, my ask is open
No title available
Fai_Ryy
Today's Document
d e v o n
Jules of Nature
seen from Malaysia
seen from Germany
seen from United States
seen from United States
seen from United States
seen from France
seen from United States
seen from United Kingdom
seen from Malaysia
seen from Türkiye
seen from Malaysia
seen from T1
seen from United States
seen from Malaysia
seen from Malaysia
seen from Malaysia
seen from Canada
seen from United States
seen from Spain
seen from United States
@wellsfargoexposed
Wells Fargo has agreed to pay $3 billion to settle criminal charges and a civil action stemming from its widespread mistreatment of customers in its community bank over a 14-year period
NY Times According to the Justice Department
https://www.nytimes.com/2020/02/21/business/wells-fargo-settlement.html#:~:text=Wells%20Fargo%20has%20agreed%20to,to%20meet%20impossible%20sales%20goals.
"sell it to them even if they don't know they're buying it"
Former Wells Fargo Employee
This is what a former employee describes the environment in the company as.
"The bank now admits, according to DOJ officials, that it pressured employees to meet "unrealistic sales goals that led to thousands of employees opening millions of accounts for customers under false pretenses or without customer consent often by misusing customers' identities."
Forbes
https://www.forbes.com/sites/jackkelly/2020/02/24/wells-fargo-forced-to-pay-3-billion-for-the-banks-fake-account-scandal/?sh=314b5ca142d2
Why Wells Fargo Needs to Shut Down
In reality, Wells Fargo has faced no consequences at a scale that can affect them. They have faced fines, but not extreme enough to impact them. They have fired the CEO, but still have an incentives program in place; Meaning, even though they have gotten rid of their top figure, they have not gotten rid of the actual problem. They will continue to have employees feeling forced to meet specific quotas and acting unethically. Even though it is not stated directly, it lies in between the lines and that is the problem. As a whole, well fargo needs to part ways since at this point it is built on years of customer abuse and unethical behavior.
February 2018
Federal Reserve said it would limit Well’s Fargo’s growth due to its history of customer abuse
https://finance.yahoo.com/news/wells-fargo-scandals-the-complete-timeline-141213414.html
August 2017
Wells Fargo faced yet another lawsuit for allegedly overcharging small business in hidden fees. Former employee said “God would have had a hard time” escaping the contract.”
march 2017
wells fargo failed the OCC test in regards to community lending. they got marked for harming customers and for they way in which they handle their business.
https://finance.yahoo.com/news/wells-fargo-scandals-the-complete-timeline-141213414.html
march 2017
there’s a new estimate of 3.5 million fake accounts being made versus the original 1.5 million
https://finance.yahoo.com/news/wells-fargo-scandals-the-complete-timeline-141213414.html
Disrupt J20, Washington D.C.
Wells Fargo, Shelby MT - 2016
Fargo. | Instagram.
According to yahoo finance!, Wells Fargo is responsible for creating “1.5 million fake deposit accounts and more than 500,000 fake credit cards, all in customers’ names and without their permission.”
https://finance.yahoo.com/news/wells-fargo-scandals-the-complete-timeline-141213414.html
In 2016, Wells Fargo Bank was hit with a 185 million dollar fine for reportedly creating fake unauthorized bank accounts and credit card accounts in customers' names
