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Wells Fargo Now Facing $1 Billion in Civil Penalties over Consumer Fraud Issues

By Jeff Brown |

In what has emerged as one of the biggest consumer fraud issues of the last decade, federal regulators now want Wells Fargo & Co. to pay up to $1 billion in civil penalties in conjunction with the customer-account scandal that emerged in 2016—likely among the largest fines in financial services history. Last year, the… Read More »

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