Kevin Bae

Non-Social in a Socially Networked World

Tag: Justice Department

  • Wells Fargo breaks the law again and no one goes to prison

    Wells Fargo breaks the law again and no one goes to prison

    Years ago Wells Fargo settled with the SEC to the tune of $3 billion dollars stemming from a scandal where for nearly 18 years the bank opened fake accounts in customer’s names. The Justice Department did not send anyone to jail for that. As part of the settlement, Wells Fargo admitted that it “unlawfully misused…