Trillion-Dollar Bank Handing $33,000,000 To Customers After Lawsuit Accuses Lender of Knowingly Assisting Alleged Fraudsters
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Wells Fargo has agreed to pay $33 million to settle a class action lawsuit accusing the bank of aiding alleged fraudsters in deceptive subscription schemes. The settlement resolves claims from both Class Plaintiffs and a Receiver, with funds going to affected customers. The lawsuit, filed in 2021, alleged Wells Fargo assisted fraudulent operations by opening accounts and transferring funds. The settlement aims to dismiss all related actions and allegations.
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Source: The Daily Hodl The copyright of this article belongs to the original author/organization.
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