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The l . a . Instances broke the whole tale in 2013 after speaking with Wells Fargo employees associated with the CBB.

2 Aug , 2021,
Beth Weissman
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The l . a . Instances broke the whole tale in 2013 after speaking with Wells Fargo employees associated with the CBB.

It stated that low-level employees—who obtained between $10 and $12 an hour—feared because of their jobs when they didn’t make strict quotas for starting customer that is new.

To satisfy these quotas, workers had been forced to start accounts that are unneeded clients, without their knowledge, and forged the customers’ signatures.

Wells Fargo administration called this practice “cross-selling,” but employees called it “sandbagging” and a “sell or quota system that is die. When the scandal strike the news, Wells Fargo fired 5,300 employees that are low-level blaming them for the misdeeds.

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