28 min listen
919. Wells Fargo Surpasses FTX Scams by 4X | Banks vs Crypto
919. Wells Fargo Surpasses FTX Scams by 4X | Banks vs Crypto
ratings:
Length:
21 minutes
Released:
Dec 22, 2022
Format:
Podcast episode
Description
Federal regulators fined Wells Fargo a record $3.7 billion on Tuesday for “widespread mismanagement” over multiple years that harmed over 16 million consumer accounts.The Consumer Financial Protection Bureau said Wells Fargo’s “illegal activity” included repeatedly misapplying loan payments, wrongfully foreclosing on homes, illegally repossessing vehicles, incorrectly assessing fees and interest and charging surprise overdraft fees. The CFPB ordered Wells Fargo (WFC) to pay the $1.7 billion civil penalty in addition to more than $2 billion to compensate consumers for a range of “illegal activity.” CFPB officials say this is the largest penalty imposed by the agency.~This episode is sponsored by Trezor~Trezor website ➜ https://trezor.go2cloud.org/aff_c?offer_id=134&aff_id=32241
Released:
Dec 22, 2022
Format:
Podcast episode
Titles in the series (100)
621. China Bans STEPN | China vs. Crypto Won't End Well: STEPN has announced plans to cut access to users playing from mainland China. Starting Jul. 15, users playing from mainland Chinese IP addresses will have their GPS services cut, stopping them from playing. China continues to fight against... by Tech Path Crypto Investing