A former Wells Fargo Bank executive accused of overseeing a ruse that created millions of bogus customer accounts has agreed to plead guilty to criminal charges
Play Video
The agreement filed Wednesday in a Los Angeles federal court calls for the former Wells Fargo executive, Carrie Tolstedt, to serve a 16-month prison sentence for obstructing regulators’ investigation into abusive sales practices that culminated in the bank paying billions of dollars in fines. Tolstedt, 63, also agreed to pay a $17 million fine in a separate civil settlement with the government that also bans her from working again in the banking industry.
“Obstructing an investigation compromises the mission of those seeking the truth, and we will hold accountable any individual who attempts to conceal wrongdoing.” said Acting United States Attorney Joseph T. McNally.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ex-Wells Fargo exec to plead guilty for role in bank scandalA former Wells Fargo Bank executive accused of overseeing a ruse that created millions of bogus customer accounts has agreed to plead guilty to criminal charges likely to send her prison for her role in the scandal.
Lire la suite »
Freeland meets with bank regulator head, BoC following U.S. bank collapseFinance Minister Chrystia Freeland is assuring that Canada's financial institutions are secure after meeting with the head of Canada's bank regulator and the Bank of Canada.
Lire la suite »
Freeland meets with bank regulator head, BoC following U.S. bank collapseChrystia Freeland is assuring that Canada\u0027s banks are secure after meeting with the head of Canada\u0027s bank regulator and the Bank of Canada.
Lire la suite »
Freeland meets with bank regulator head, BoC following U.S. bank collapseChrystia Freeland is assuring that Canada\u0027s banks are secure after meeting with the head of Canada\u0027s bank regulator and the Bank of Canada.
Lire la suite »
Freeland meets with bank regulator head, BoC following U.S. bank collapseChrystia Freeland is assuring that Canada\u0027s banks are secure after meeting with the head of Canada\u0027s bank regulator and the Bank of Canada.
Lire la suite »
Freeland meets with bank regulator head, BoC following U.S. bank collapseChrystia Freeland is assuring that Canada\u0027s banks are secure after meeting with the head of Canada\u0027s bank regulator and the Bank of Canada.
Lire la suite »