It’s gone bad to worse for Wells Fargo. You go, Preet!
U.S. prosecutors have begun an investigation related to sales practices at Wells Fargo & Co that led the bank to agree to a $190 million settlement with regulators, a person familiar with the matter said on Wednesday.
The U.S. Attorneys’ Offices in Manhattan and San Francisco are investigating Wells Fargo, the person said, following a settlement announced on Sept. 8 over claims that some customers were pushed into fee-generating accounts they never requested.
Wells Fargo declined to comment on Wednesday. A spokeswoman for U.S. Attorney’s Office in Manhattan also declined to comment.
“We don’t comment on the existence or non-existence of any investigation,” said Abraham Simmons, a spokesman for the U.S. Attorney’s Office in San Francisco.
The investigation was first reported by the Wall Street Journal.
DON’T LET THE BANKS TRICK YOU!
Register for a FREE Mortgage Fraud Analysis and get the FACTS you need to make the right decision regarding your loan!
For information on foreclosure defense call us at 844-372-8378. We offer litigation support, admissible evidence, expert witness testimony, education, training, and support in all 50 states to attorneys and pro se homeowners.
Fraudstoppers PMA
Feel free to connect with us . . .
Address:
332 S Michigan Avenue
Suite 1032 #F513
Chicago IL 60604-4434
Phone: 844-372-8378
Legal Information Is Not Legal Advice: This site provides “information” about the law and is only designed to help users safely cope with their own legal needs. But legal information is not the same as legal advice — the application of law to an individual’s specific circumstances. THIS SITE IS NOT INTENDED TO BE MISCONSTRUED AS LEGAL ADVICE. Fraud Stoppers is NOT a law firm, non-profit organization, or government agency. Register for your Free Mortgage Fraud Analysis and Securitization Search, and get Free Foreclosure Defense Help and Free Foreclosure Defense Documents that you can use to stop a foreclosure and save your house.
