Wells Fargo knowingly helped Ponzi scheme, lawsuit claims

Wells Fargo knowingly helped Ponzi scheme, lawsuit claims

5 years ago
Anonymous $9jpehmcKty

https://www.siliconvalley.com/2019/04/15/wells-fargo-knowingly-helped-ponzi-scheme-lawsuit-claims/

Troubled banking giant Wells Fargo helped an investment company execute a $135 million Ponzi scheme, a new lawsuit seeking class action alleges.

“The scheme depended on the knowing participation of Wells Fargo,” the lawsuit by investors claims.