There you go, it did happen...
John Stumpf, former chairman and chief executive officer of Wells Fargo, is banned for life from the banking industry over the bank's 2016 fake accounts scandal.
https://www.cnn.com/2020/11/13/business/wells-fargo-ceo-stumpf-charged-sec/index.html
SEC charges former Wells Fargo executives over fake-accounts scandal
New York (CNN Business)The Securities and Exchange Commission on Friday charged former Wells Fargo CEO John Stumpf and a top lieutenant with misleading investors about the success of the division at the heart of the bank's fake-account scandal.