SMC-1011BanksCase file
Wells Fargo: wrongful fees, repossessions and foreclosures
In December 2022 the US Consumer Financial Protection Bureau ordered Wells Fargo to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty, the largest the agency had ever imposed on a single financial institution. The CFPB found that the bank's prac…
Reported: Wells Fargo
- Reported losses
- $2B
- People affected
- 0 affected