Wells Fargo Fires More Than 100 Employees Accused Of Coronavirus Relief Fraud

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https://www.npr.org/sections/coronavirus-live-updates/2020/10/15/923976874/wells-fargo-fires-more-than-100-employees-for-alleged-coronavirus-relief-fraud

Wells Fargo Fires More Than 100 Employees Accused Of Coronavirus Relief Fraud

October 15, 2020 1:29 PM ET
LAUREL WAMSLEY

Wells Fargo has fired more than 100 employees, saying they personally defrauded a coronavirus relief program from the U.S. Small Business Administration.

In a memo sent Wednesday and obtained by NPR, the company said it had identified employees that it believes made false representations in applying for relief funds through the SBA's Economic Injury Disaster Loan program.

The employees' actions were outside of their work responsibilities, the company said.

"We have terminated the employment of those individuals and will cooperate fully with law enforcement. These wrongful actions were personal actions, and do not involve our customers," wrote David Galloreese, head of human resources at Wells Fargo.

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[lpbk2713]

1. So law enforcement was conspiring with W/F to get them fired?

That's how it is in the Fascist State.

[FBaggins]

2. Huh?

It appears that they caught their employees stealing and both fired them and called the cops.

How is that not the right thing to do?

[russiamommy]

4. I have the same question

Anyone care to answer?

[mitch96]

3. Another reason to dump that shit ass bank. I hate them... nt

[Cartaphelius]

5. How many times is this Mnuchin

created Frankenstein going to be allowed to
customers blind absent sufficient accountability?

I mean, usually I can only rob a bank once. And
for that I get 30 years.

This theft has become like a scheduled company
picnic held quarterly in their company prospectus.