{"id":2928,"date":"2017-04-12T21:21:10","date_gmt":"2017-04-12T21:21:10","guid":{"rendered":"https:\/\/risky.tv\/?p=2928"},"modified":"2017-04-12T21:21:10","modified_gmt":"2017-04-12T21:21:10","slug":"wells-fargo-creates-millions-fake-accounts","status":"publish","type":"post","link":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/","title":{"rendered":"Wells Fargo Creates Millions of Fake Accounts"},"content":{"rendered":"<p>[by <em>The Money Badger<\/em>] Last year, Wells Fargo ($WFC) admitted to defrauding their customers for years.<\/p>\n<p>Thousands of the bank\u2019s employees o<strong>pened duplicate accounts without customers\u2019 knowledge or consent<\/strong>. This ended up netting the company millions in extra fees. It also provided Wells Fargo investors with inflated customer numbers and sales figures.<\/p>\n<p>Since then, the company shelled out hundreds of millions in fees. Their CEO and other high-ranking executives left, albeit with multi-million-dollar payouts. (The company recently took most of that money back from said executives.) Over five thousand employees who took part in this scheme lost their jobs.<\/p>\n<p>Only one question remains: <strong>how did thousands of bank managers defraud customers in the first place?<\/strong><\/p>\n<blockquote><p>To find out, watch the <strong>4-minute video above<\/strong>, or <a href=\"http:\/\/moneybadger.stocktwits.com\/how-did-wells-fargo-create-fake-accounts\/\">continue reading&#8230;<\/a><\/p><\/blockquote>\n<p><span itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\"><meta itemprop=\"name\" content=\"Wells Fargo Creates Millions of Fake Accounts\" \/><meta itemprop=\"thumbnailUrl\" content=\"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/c4i3sylmfnm.jpg\" \/><meta itemprop=\"description\" content=\"Last year, Wells Fargo ($WFC) admitted to defrauding their customers for years. Thousands of the bank\u2019s employees opened duplicate accounts without customers\u2019 knowledge or consent. This ended up netting the company millions in extra fees. It also provided Wells Fargo investors with inflated customer\" \/><meta itemprop=\"uploadDate\" content=\"2017-04-12T21:21:10+00:00\" \/><meta itemprop=\"embedUrl\" content=\"https:\/\/www.youtube.com\/embed\/c4I3SyLmfNM\" \/><meta itemprop=\"duration\" content=\"PT4M28S\" \/><meta itemprop=\"isFamilyFriendly\" content=\"false\" \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[by The Money Badger] Last year, Wells Fargo ($WFC) admitted to defrauding their customers for years. Thousands of the bank\u2019s employees opened duplicate accounts without customers\u2019 knowledge or consent. This ended up netting the company millions in extra fees. It also provided Wells Fargo investors with inflated customer numbers and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-2928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-markets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wells Fargo Creates Millions of Fake Accounts &#8211;<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Wells Fargo Creates Millions of Fake Accounts &#8211;\" \/>\n<meta name=\"twitter:description\" content=\"[by The Money Badger] Last year, Wells Fargo ($WFC) admitted to defrauding their customers for years. Thousands of the bank\u2019s employees opened duplicate accounts without customers\u2019 knowledge or consent. This ended up netting the company millions in extra fees. It also provided Wells Fargo investors with inflated customer numbers and [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@riskyvideo\" \/>\n<meta name=\"twitter:site\" content=\"@riskyvideo\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/\"},\"author\":{\"name\":\"Risky.tv\",\"@id\":\"https:\/\/risky.tv\/#\/schema\/person\/779ae4f07b5ba36821be401dccdaa0a4\"},\"headline\":\"Wells Fargo Creates Millions of Fake Accounts\",\"datePublished\":\"2017-04-12T21:21:10+00:00\",\"dateModified\":\"2017-04-12T21:21:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/\"},\"wordCount\":134,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/risky.tv\/#organization\"},\"image\":{\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg\",\"articleSection\":[\"Economy &amp; Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/\",\"url\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/\",\"name\":\"Wells Fargo Creates Millions of Fake Accounts &#8211;\",\"isPartOf\":{\"@id\":\"https:\/\/risky.tv\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg\",\"datePublished\":\"2017-04-12T21:21:10+00:00\",\"dateModified\":\"2017-04-12T21:21:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#primaryimage\",\"url\":\"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg\",\"contentUrl\":\"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg\",\"width\":480,\"height\":360},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/risky.tv\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wells Fargo Creates Millions of Fake Accounts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/risky.tv\/#website\",\"url\":\"https:\/\/risky.tv\/\",\"name\":\"Risky TV\",\"description\":\"Videos For Mastering Life&#039;s Risks\",\"publisher\":{\"@id\":\"https:\/\/risky.tv\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/risky.tv\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/risky.tv\/#organization\",\"name\":\"M4 Research\",\"url\":\"https:\/\/risky.tv\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/risky.tv\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/risky.tv\/wp-content\/uploads\/2016\/10\/m4-logo-267x90-thrivecart.png\",\"contentUrl\":\"https:\/\/risky.tv\/wp-content\/uploads\/2016\/10\/m4-logo-267x90-thrivecart.png\",\"width\":267,\"height\":90,\"caption\":\"M4 Research\"},\"image\":{\"@id\":\"https:\/\/risky.tv\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/riskytv\",\"https:\/\/x.com\/riskyvideo\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/risky.tv\/#\/schema\/person\/779ae4f07b5ba36821be401dccdaa0a4\",\"name\":\"Risky.tv\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/risky.tv\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c858c827f6dce8e8070fc593eae5ba5d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c858c827f6dce8e8070fc593eae5ba5d?s=96&d=mm&r=g\",\"caption\":\"Risky.tv\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Wells Fargo Creates Millions of Fake Accounts &#8211;","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/","twitter_card":"summary_large_image","twitter_title":"Wells Fargo Creates Millions of Fake Accounts &#8211;","twitter_description":"[by The Money Badger] Last year, Wells Fargo ($WFC) admitted to defrauding their customers for years. Thousands of the bank\u2019s employees opened duplicate accounts without customers\u2019 knowledge or consent. This ended up netting the company millions in extra fees. It also provided Wells Fargo investors with inflated customer numbers and [&hellip;]","twitter_image":"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg","twitter_creator":"@riskyvideo","twitter_site":"@riskyvideo","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#article","isPartOf":{"@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/"},"author":{"name":"Risky.tv","@id":"https:\/\/risky.tv\/#\/schema\/person\/779ae4f07b5ba36821be401dccdaa0a4"},"headline":"Wells Fargo Creates Millions of Fake Accounts","datePublished":"2017-04-12T21:21:10+00:00","dateModified":"2017-04-12T21:21:10+00:00","mainEntityOfPage":{"@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/"},"wordCount":134,"commentCount":0,"publisher":{"@id":"https:\/\/risky.tv\/#organization"},"image":{"@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#primaryimage"},"thumbnailUrl":"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg","articleSection":["Economy &amp; Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/","url":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/","name":"Wells Fargo Creates Millions of Fake Accounts &#8211;","isPartOf":{"@id":"https:\/\/risky.tv\/#website"},"primaryImageOfPage":{"@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#primaryimage"},"image":{"@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#primaryimage"},"thumbnailUrl":"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg","datePublished":"2017-04-12T21:21:10+00:00","dateModified":"2017-04-12T21:21:10+00:00","breadcrumb":{"@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#primaryimage","url":"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg","contentUrl":"https:\/\/risky.tv\/wp-content\/uploads\/2017\/04\/hqdefault-10.jpg","width":480,"height":360},{"@type":"BreadcrumbList","@id":"https:\/\/risky.tv\/wells-fargo-creates-millions-fake-accounts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/risky.tv\/"},{"@type":"ListItem","position":2,"name":"Wells Fargo Creates Millions of Fake Accounts"}]},{"@type":"WebSite","@id":"https:\/\/risky.tv\/#website","url":"https:\/\/risky.tv\/","name":"Risky TV","description":"Videos For Mastering Life&#039;s Risks","publisher":{"@id":"https:\/\/risky.tv\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/risky.tv\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/risky.tv\/#organization","name":"M4 Research","url":"https:\/\/risky.tv\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/risky.tv\/#\/schema\/logo\/image\/","url":"https:\/\/risky.tv\/wp-content\/uploads\/2016\/10\/m4-logo-267x90-thrivecart.png","contentUrl":"https:\/\/risky.tv\/wp-content\/uploads\/2016\/10\/m4-logo-267x90-thrivecart.png","width":267,"height":90,"caption":"M4 Research"},"image":{"@id":"https:\/\/risky.tv\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/riskytv","https:\/\/x.com\/riskyvideo"]},{"@type":"Person","@id":"https:\/\/risky.tv\/#\/schema\/person\/779ae4f07b5ba36821be401dccdaa0a4","name":"Risky.tv","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/risky.tv\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c858c827f6dce8e8070fc593eae5ba5d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c858c827f6dce8e8070fc593eae5ba5d?s=96&d=mm&r=g","caption":"Risky.tv"}}]}},"_links":{"self":[{"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/posts\/2928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/comments?post=2928"}],"version-history":[{"count":0,"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/posts\/2928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/media\/2931"}],"wp:attachment":[{"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/media?parent=2928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/categories?post=2928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/risky.tv\/wp-json\/wp\/v2\/tags?post=2928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}