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CLASSIC: Wells Fargo's Imaginary Customers
Manage episode 513528339 series 2152818
Wells Fargo is one of the most popular retail banks in the United States, and its gigantic customer base uses it for everything from savings accounts to loans and more. However, a few years bank the bank came under fire for perpetuating a conspiracy all its own -- more and more customers found they had multiple accounts and lines of credit opened without their consent, and further investigation found that was just the beginning of the problem. Tune in to learn more about this real-life banking conspiracy, how it was discovered and the consequences (or lack thereof).
They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/
See omnystudio.com/listener for privacy information.
1981 episodes
Manage episode 513528339 series 2152818
Wells Fargo is one of the most popular retail banks in the United States, and its gigantic customer base uses it for everything from savings accounts to loans and more. However, a few years bank the bank came under fire for perpetuating a conspiracy all its own -- more and more customers found they had multiple accounts and lines of credit opened without their consent, and further investigation found that was just the beginning of the problem. Tune in to learn more about this real-life banking conspiracy, how it was discovered and the consequences (or lack thereof).
They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/
See omnystudio.com/listener for privacy information.
1981 episodes
All episodes
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