![]() ![]() The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely.Īs a result of this fraud, the bank is now being investigated by Federal prosecutors and Congressional overseers. ![]() ![]() ![]() Former employees have alleged a “soul-crushing” culture of fear and daily intimidation by managers, where they were pressured to reach extreme sales goals, some by breaking the law. The post-scandal scrutiny of Wells Fargo’s culture has so far focused on the high-pressure sales environment that drove employees to create as many as two million fake accounts. ![]()
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