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Comment by yummyfajitas

This is a gross misrepresentation of what happened. Thousands of WF employees engaged in fraud that harmed Wells Fargo in order to make themselves appear more productive than they actually were and take money from WF. WF explicitly instructed employees not to do this.

Matt Levine, as usual, has a very coherent summary of it:

https://www.bloomberg.com/view/articles/2016-09-09/wells-far... https://www.bloomberg.com/view/articles/2016-09-19/tough-tar...

RICO is used to target criminal organizations. There is no evidence whatsoever that the employees who were ripping off WF conspired with each other.

You are literally blaming the victim here.

parent yummyfajitas 10 years ago

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