This bank is always caught up in some type of scandal. Almost seems like something new comes out in the news every 3 months.
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Yeah... it's like living in a small town and the cops "know who you are" ... might as well do the crime since you'll be blamed anyway.
Look at this recent news: A WF Advisor ripped off an elderly doctor for more than $2.7M. What a shame, didn't the advisor think at all?
https://nypost.com/2022/02/12/wells-fargo-advisor-accused-of-ripping-of-elderly-eye-doc/
Not true. Wells stands out as a culture of corruption that even beats Merrill Ly--h, and that really is saying something. More scandals, more serious scandals, larger more visible coverups, more hiding facts from regulators.
Learn about the industry and understand why we are in this regulatory mess.
This would happen with any company under this microscope. Everyone is looking for anything. Everyone wants a piece.
He's a cop now