Tagged: banking, investigation, lawsuits, Wells Fargo
This topic contains 3 replies, has 4 voices, and was last updated by Anonymous 2 years, 5 months ago.
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Wells Fargo accused of ripping off mom-and-pop shops
For several years, Wells Fargo’s merchant services division overcharged small businesses for processing credit card transactions, a lawsuit alleges. Business owners who tried to leave Wells Fargo were charged “massive early termination fees,” according to the lawsuit filed in US District Court.
The “overbilling scheme” targeted less sophisticated businesses by using “deceptive language” in a 63-page contract designed to confuse them, the lawsuit filed on August 4 claims. The lawyer filed court documents to seek class action status.
Seriously? WTF is wrong with this company? Disingenuous banking from one of the biggest banks out there. We bailed these guys out, and this is the end result. Glad to see they’re not getting away with it.
Why did Bush bail out these banks? Why did Obama bail out the auto industry? The more bailouts, the more bad behavior. The government should stop its interference.
Let them fail ffs.
Self-improvement is my religion. Sovereignty is my god.
Anonymous6Just stop f~~~ing banking with Wells Fargo!!!
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