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The bank has been ordered to pay fines and consumer redress for “illegal conduct” across several business lines. Wells Fargo has been ordered to pay $3.7 billion in penalties and victims’ compensation for alleged illegal practices that caused thousands of the bank’s customers to lose their homes and vehicles, federal regulators have announced. The Consumer Financial Protection Bureau ordered the …
Read More »Wells Fargo Ordered to Pay $3.7B for Array of Violations
