Most of us have looked at a cable or phone bill and questioned a random charge we felt shouldn’t have been there. Usually this is an error, but a former CenturyLink employee claims that some workers at the telecom company were deliberately adding these charges to pad their sales figures. What’s worse, she says she was fired after bringing this possible scheme to the CEO’s attention. [More]
unauthorized accounts
Did Wells Fargo Target Seniors? Lawmakers Want To Find Out
By 9.27.16 — Updated: 9.30.16
We’ve said it countless times: those who attempt – and often succeed – at scamming senior citizens of their savings are among the worst of the worst. Now lawmakers want to know if the Wells Fargo employees who created millions of unauthorized accounts were preying upon vulnerable senior citizen customers. [More]
Wells Fargo CEO Stumpf Admits He Learned Of Fake Accounts In 2013
By 9.20.16 — Updated: 9.30.16
Wells Fargo CEO John Stumpf appeared before the Senate Banking Committee this morning to answer questions about, and apologize for, company policies that led employees to open millions of fake accounts in customers’ names.
Wells Fargo On The Hook For $185 Million For Opening Unauthorized Accounts
By 9.8.16 — Updated: 9.30.16
More than a year after the city of Los Angeles sued Wells Fargo for alleged customer account abuses, including pushing employees into opening unauthorized accounts to make sales quotas, the banking giant has been ordered to pay more than $185 million in refunds and penalties. [More]
