300 workers in Account Scandal The other big story today one of the nation's dark friday sales biggest banks who pay huge fine and fire thousands of employees for. Allegedly encouraging fraudulent behavior research cola corporate culture Wells Fargo court at rages. And chaotic. ABC's Maggie really has home this historic scandal. The biggest such payment in bicycles of the city attorney's office. 0185. Essential fine this is a major victory frys black friday for consumers. Consumers have and so trust their bank. The actual Financial Protection Bureau in rhode island city attorney accusing thousands of Wells Fargo employees. Of widespread illegal sales practices that included secretly using customer personal concept to open more than two million savings and private credit information accounts. Sometimes causing extra fees all done so employees can be aggressive sales goals a lot of consumers had no idea these accounts even existed. I have another account and other putting loads of funds and that other account that's. Yeah but I DT to make counts so I know but if time exists black friday deals boots and enjoyed it indeed and. Wells Fargo was firing 5300 employees the the widespread scheme that spans at least five years. The bank has not admitted or denied wrongdoing telling ABC news. While we regret every interaction that was not handled properly the amount of instances in T members involved represent a very small portion of our business. But ethics mentor do well in Posner is not letting wells argue executives' free. If bank is really a trusted institution and its managers and its top brass should be aware of. What's happening at very low quantity tv black friday of a provider.
Now Wells Fargo has said that money will expediently electronically be put act into the bank account that anyone who was affected but nick and and these people still not happy this morning. Maggie really in wa thanks a lot of. This transcript has been economically generated and may not be 100% accurate.
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