They created around 2 million ghost accounts and fraudulent credit card accounts. Many of them claimed they were pressured to do it because of impossible sales goals. Over 5300 of these people were fired for their part in the scandal. However, not all Well Fargo employees were a part of the scandal that shook American banking. As a matter of fact, some employees might have tried to expose it.
Did Wells Fargo Retaliate Against Whistleblower Claims?
She had been a branch manager for 11 out of the 14 years she had worked for Wells Fargo, so she wasn’t prepared for what happened when she exposed fraud at the bank. This bank manager found around 25 instances of fraudulent sales activity by bank employees, but when she reported them, the problems didn’t get fixed.
This woman claims that she was harassed and eventually fired by her supervisors after she blew the whistle. Later, that same fraud would be exposed and the federal government would force Wells Fargo to pay $185 million in fines. It was a bittersweet victory for the former employee, but not nearly enough.
This former bank manager has filed a federal lawsuit against Wells Fargo. This suit claims that the bank not only hid the scandal, but she also claims they fired her for exposing it. Considering the recent apology by the bank to its former employees, could she be right?
Wells Fargo continues to be the center of controversy. Keep learning more about what you need to know about this scandal by following our blog, and don’t forget to speak up on Twitter and Facebook. Our Macon whistleblower attorneys would love to hear what you think.