Bank: Wells Fargo must be held accountable for swindle
Re: “Wells Fargo faces new scandal, this time over auto insurance,” (TNT, 7/29).
Just like a kid who can’t keep fingers out of a huckleberry pie, it seems that Wells Fargo still hasn’t learned its lesson and has once again swindled hundreds of thousands of customers.
This time it exploited Washingtonians — your neighbors, family, and friends — by signing them up for car insurance they neither needed nor asked for.
Some of us even had our cars ripped away by not meeting these bogus payments. I repeat: Wells Fargo stole our cars!
What’s worse, one of the key agencies that returned our money after Wells Fargo’s first scandal, the Consumer Financial Protection Bureau, is now under attack by the federal government. The (Wrong) Choice Act would defund this watchdog of the corporate world which has valiantly fought to protect everyday citizens from the greedy claws of Wall Street.
We must speak out to defend this agency which has protected us from the shadows for so long. Please call on your senators to save the CFPB.
This story was originally published August 7, 2017 at 2:30 PM with the headline "Bank: Wells Fargo must be held accountable for swindle."