CHARLOTTE — Several former Wells Fargo & Co. senior executives are under criminal investigation resulting from the bank’s fake-accounts scandal, trade publication American Banker reported, citing unnamed sources.
[ALSO READ: Woman admits to stealing nearly $500K from retirement accounts]
According to the report, federal prosecutors are considering charges against individuals who were in the bank’s upper management, sources familiar with the situation told American Banker, with possible indictments coming down as soon as this month.
Read more here.
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