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California AG Investigating Wells Fargo for Criminal Identity Theft

HeadlineOct 20, 2016

California Attorney General Kamala Harris has launched an investigation into whether Wells Fargo engaged in criminal identity theft by creating 2 million fake accounts, which employees opened in order to meet grueling sales targets. Wells Fargo is currently embroiled in a massive scandal over the creation of the fake bank accounts, which led to the resignation of former CEO John Stumpf.

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