illinois Archive

Wells Fargo started demanding fraud of its employees in 1998; Illinois cuts Wells off from state business

Wells Fargo made a habit of firing employees who didn’t make unrealistic sales targets, turning a blind eye to the fraud they had to commit in order to keep their jobs (and firing the whistleblowers who reported the fraud). The bank says that this business only dates back to 2011, or possibly 2009, despite the bank officers who started blowing the whistle in …