Tag Archives: Wells Fargo

Wells Fargo Institutionalizes Fraud – Gets Slapped On Wrist

When was the last time you heard of a company firing over 5,000 employees due to fraud? My answer is never. I’ve never heard of a company firing 2% of their workforce and citing fraud. Outside of a recession or a merger, a company announcing they are firing 5,000 employees is rare. If I had to give you one guess what industry such a company came from I’m willing to bet you’d guess the financial services industry…and you’d be right. Continue reading Wells Fargo Institutionalizes Fraud – Gets Slapped On Wrist

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