ylliX - Online Advertising Network
General Market News

Wells Fargo to pay $37 million in foreign-exchange fraud case

Wells Fargo to pay $37 million in foreign-exchange fraud case

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Wells Fargo on Monday reached a $37.3 million settlement to resolve US government accusations that it fraudulently overcharged hundreds of commercial customers who used its foreign exchange services. The settlement filed with the US District Court in Manhattan requires a judge’s approval, and resolves civil fraud charges against the fourth-largest US bank.

...read full article on New York Post

ylliX - Online Advertising Network