Wells Fargo ‘Retaliated’ Against Scandal-Linked ‘Whistleblowers’ With False Reports – US Senators
‘Three US senators suspect Wells Fargo retaliated against hundreds of employees who blew the whistle on the big bank’s bogus accounts. They say Wells Fargo filed false and defamatory reports on people, which negatively impacted their careers.
“Currently available information suggests that the bank may have filed defamatory statements to retaliate against employees who questioned aggressive cross-selling practices,” Democratic Senator Elizabeth Warren of Massachusetts wrote in a letter to Wells Fargo CEO Tim Sloan on Thursday.
The letter, which was also signed by Senators Robert Menendez (D-New Jersey) and Ron Wyden (D-Oregon), shows that beyond the bank itself, the brokerage business Wells Fargo Advisors was also involved in the fake accounts scandal.’
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