About time. This has been going on for longer than 5 years. Also the manager and DM are the ones that put the pressure on their employees. If the employees get caught, the management will throw them under the bus so fast. To tell you the truth, I would say almost 100% of Wells Fargo employees did something unethical one time or another. Also bankers were forced to open accounts for family and friends. Whenever you did not have an account, you call up a friend or relative. This just inflated the number of accounts. I am surprised Wells Fargo does not look into how many accounts were closed 45 days after the new accounts were opened. The closing of accounts is really high. That is what most bankers do, open 3 accounts and close 13.
Happened to me back in the early part of 2011, up in Boise, Idaho where I lived for a few years.
In January 2011, I had just the essentials: a Wells-Fargo primary checking + required primary savings + a VISA debit bankcard & matching ATM-only bankcard.
But by April or May of 2011 I had those 3 valid accounts plus 7 or 8 bogus accounts which I HAD NO IDEA ABOUT HOW THEY GOT THERE. Turns out (I was told on the downlow by a Wells employee, who also supplied me with LOTS of incriminating paperwork about those bogus accounts, which I still have) that the downtown Boise Wells manager herself is the Wells employee who ILLEGALLY created all those accounts in my name without my consent and without my signature. Blatantly fraudulent & illegal activity, I should say, pushed & condoned by John G. Stumpf, Wells’ CEO, who so far is not only NOT suffering in the least (with the exception of being called onto a Congressional Committee carpet soon), but in fact was made personally RICHER by his condoned fraud upon his Wells customers.
John G. Stumpf should be made to pay back the millions in bonus money he was paid over the years, PLUS a fine, PLUS some time in prison. Maybe that’ll wise up the CEOs & so forth of the mostly “self-regulating” banking industry.
Now, you’d think that a top-3 American bank blatantly creating illegal accounts in people’s names without their consent as what happened to me in Boise, Idaho would be pretty weird, but this story of mine gets weirder….
That downtown Boise Wells-Fargo office was on the ground floor of a multistory office building, and *DIRECTLY ABOVE* that Wells-Fargo, on the next floor up, was (perhaps still is) Boise’s main headquarters for the FBI. unbelievable…. brazen fraud with the Federal law right above…. Talk about criminal activities done right under the law’s nose….. Go figure…… Big bucks, big soulless corporation, and it’s too-well-paid corporate handlers do anything they want to do for an extended while?? AND get paid millions in bonuses for the results of their criminal disregard of Federal banking regulations with respect to their bank account creations??
Here is a screenshot I took 5½ yrs ago (Mar 3, 2011) of my account showing the beginnings of the eventual pileup of bogus accounts illegally made in my name by Wells-Fargo, Boise, ID main branch: https://www.dropbox.com/s/73ks…
That screenshot from March 3, 2011 was the beginning stages of multiple accounts that continued to be illegally created in my name for several months by the downtown Boise Wells-Fargo branch’s woman manager.
Happened to me back in the early part of 2011, up in Boise, Idaho where I lived for a few years.
In January 2011, I had just the essentials: a Wells-Fargo primary checking + required primary savings + a VISA debit bankcard & matching ATM-only bankcard.
But by April or May of 2011 I had those 3 valid accounts plus 7 or 8 bogus accounts which I HAD NO IDEA ABOUT HOW THEY GOT THERE. Turns out (I was told on the downlow by a Wells employee, who also supplied me with LOTS of incriminating paperwork about those bogus accounts, which I still have) that the downtown Boise Wells manager herself is the Wells employee who ILLEGALLY created all those accounts in my name without my consent and without my signature. Blatantly fraudulent & illegal activity, I should say, pushed & condoned by John G. Stumpf, Wells’ CEO, who so far is not only NOT suffering in the least (with the exception of being called onto a Congressional Committee carpet soon), but in fact was made personally RICHER by his condoned fraud upon his Wells customers.
John G. Stumpf should be made to pay back the millions in bonus money he was paid over the years, PLUS a fine, PLUS some time in prison. Maybe that’ll wise up the CEOs & so forth of the mostly “self-regulating” banking industry.
Now, you’d think that a top-3 American bank blatantly creating illegal accounts in people’s names without their consent as what happened to me in Boise, Idaho would be pretty weird, but this story of mine gets weirder….
That downtown Boise Wells-Fargo office was on the ground floor of a multistory office building, and *DIRECTLY ABOVE* that Wells-Fargo, on the next floor up, was (perhaps still is) Boise’s main headquarters for the FBI. unbelievable…. brazen fraud with the Federal law right above…. Talk about criminal activities done right under the law’s nose….. Go figure…… Big bucks, big soulless corporation, and it’s too-well-paid corporate handlers do anything they want to do for an extended while?? AND get paid millions in bonuses for the results of their criminal disregard of Federal banking regulations with respect to their bank account creations??
I had a problem with the Rosenberg, Texas branch that charged me fees on an account I had closed.
They also kept the account open long after I closed it. I still received an email from Wells Fargo in March 2016 this year notifying me that they had suspended access to my online account.
The only problem of course, is that I had closed the account in 2014.
Doh.
If anyone knows how to become a part of the Utah class action suit, I’d appreciate the information.
Steve,
Same thing happened to me in Texas. Paid off credit card in Dec of 2009 and requested card be cancelled. Then in Jan of 2011 account starts getting overdraft fees. Physical address isn’t mine. I went in with my wife in Jan of 2016 and said what the hell is this account with a $12,500 balance….
Turns out from 2011 to 2016 I had been charged over $16K in interested and fees.
About time. This has been going on for longer than 5 years. Also the manager and DM are the ones that put the pressure on their employees. If the employees get caught, the management will throw them under the bus so fast. To tell you the truth, I would say almost 100% of Wells Fargo employees did something unethical one time or another. Also bankers were forced to open accounts for family and friends. Whenever you did not have an account, you call up a friend or relative. This just inflated the number of accounts. I am surprised Wells Fargo does not look into how many accounts were closed 45 days after the new accounts were opened. The closing of accounts is really high. That is what most bankers do, open 3 accounts and close 13.
Happened to me back in the early part of 2011, up in Boise, Idaho where I lived for a few years.
In January 2011, I had just the essentials: a Wells-Fargo primary checking + required primary savings + a VISA debit bankcard & matching ATM-only bankcard.
But by April or May of 2011 I had those 3 valid accounts plus 7 or 8 bogus accounts which I HAD NO IDEA ABOUT HOW THEY GOT THERE. Turns out (I was told on the downlow by a Wells employee, who also supplied me with LOTS of incriminating paperwork about those bogus accounts, which I still have) that the downtown Boise Wells manager herself is the Wells employee who ILLEGALLY created all those accounts in my name without my consent and without my signature. Blatantly fraudulent & illegal activity, I should say, pushed & condoned by John G. Stumpf, Wells’ CEO, who so far is not only NOT suffering in the least (with the exception of being called onto a Congressional Committee carpet soon), but in fact was made personally RICHER by his condoned fraud upon his Wells customers.
John G. Stumpf should be made to pay back the millions in bonus money he was paid over the years, PLUS a fine, PLUS some time in prison. Maybe that’ll wise up the CEOs & so forth of the mostly “self-regulating” banking industry.
Now, you’d think that a top-3 American bank blatantly creating illegal accounts in people’s names without their consent as what happened to me in Boise, Idaho would be pretty weird, but this story of mine gets weirder….
That downtown Boise Wells-Fargo office was on the ground floor of a multistory office building, and *DIRECTLY ABOVE* that Wells-Fargo, on the next floor up, was (perhaps still is) Boise’s main headquarters for the FBI. unbelievable…. brazen fraud with the Federal law right above…. Talk about criminal activities done right under the law’s nose….. Go figure…… Big bucks, big soulless corporation, and it’s too-well-paid corporate handlers do anything they want to do for an extended while?? AND get paid millions in bonuses for the results of their criminal disregard of Federal banking regulations with respect to their bank account creations??
Here is a screenshot I took 5½ yrs ago (Mar 3, 2011) of my account showing the beginnings of the eventual pileup of bogus accounts illegally made in my name by Wells-Fargo, Boise, ID main branch:
https://www.dropbox.com/s/73ks…
That screenshot from March 3, 2011 was the beginning stages of multiple accounts that continued to be illegally created in my name for several months by the downtown Boise Wells-Fargo branch’s woman manager.
Happened to me back in the early part of 2011, up in Boise, Idaho where I lived for a few years.
In January 2011, I had just the essentials: a Wells-Fargo primary checking + required primary savings + a VISA debit bankcard & matching ATM-only bankcard.
But by April or May of 2011 I had those 3 valid accounts plus 7 or 8 bogus accounts which I HAD NO IDEA ABOUT HOW THEY GOT THERE. Turns out (I was told on the downlow by a Wells employee, who also supplied me with LOTS of incriminating paperwork about those bogus accounts, which I still have) that the downtown Boise Wells manager herself is the Wells employee who ILLEGALLY created all those accounts in my name without my consent and without my signature. Blatantly fraudulent & illegal activity, I should say, pushed & condoned by John G. Stumpf, Wells’ CEO, who so far is not only NOT suffering in the least (with the exception of being called onto a Congressional Committee carpet soon), but in fact was made personally RICHER by his condoned fraud upon his Wells customers.
John G. Stumpf should be made to pay back the millions in bonus money he was paid over the years, PLUS a fine, PLUS some time in prison. Maybe that’ll wise up the CEOs & so forth of the mostly “self-regulating” banking industry.
Now, you’d think that a top-3 American bank blatantly creating illegal accounts in people’s names without their consent as what happened to me in Boise, Idaho would be pretty weird, but this story of mine gets weirder….
That downtown Boise Wells-Fargo office was on the ground floor of a multistory office building, and *DIRECTLY ABOVE* that Wells-Fargo, on the next floor up, was (perhaps still is) Boise’s main headquarters for the FBI. unbelievable…. brazen fraud with the Federal law right above…. Talk about criminal activities done right under the law’s nose….. Go figure…… Big bucks, big soulless corporation, and it’s too-well-paid corporate handlers do anything they want to do for an extended while?? AND get paid millions in bonuses for the results of their criminal disregard of Federal banking regulations with respect to their bank account creations??
I had a problem with the Rosenberg, Texas branch that charged me fees on an account I had closed.
They also kept the account open long after I closed it. I still received an email from Wells Fargo in March 2016 this year notifying me that they had suspended access to my online account.
The only problem of course, is that I had closed the account in 2014.
Doh.
If anyone knows how to become a part of the Utah class action suit, I’d appreciate the information.
Thanks
Steve,
Same thing happened to me in Texas. Paid off credit card in Dec of 2009 and requested card be cancelled. Then in Jan of 2011 account starts getting overdraft fees. Physical address isn’t mine. I went in with my wife in Jan of 2016 and said what the hell is this account with a $12,500 balance….
Turns out from 2011 to 2016 I had been charged over $16K in interested and fees.