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RE: Major U.S. Banks Are Closing Branch Offices!
Wells Fargo was one of the banks bailed out from the 2008 Financial Crisis, yet they found the need to continue their criminal behaviour:
- in the form of creating false credit card accounts in the names of their depositors without consent and knowledge of the depositors.
Yes, that is indeed criminal fraud, identity theft, forgery of signatures and multiple counts over the period of years. Supervisor Of “Massive Fraud” At Wells Fargo Leaves Bank With $125 Million Bonus – read 12 Sep 2016 zerohedge report.
One year after Wells Fargo was busted in the biggest post-financial crisis scandal, when Warren Buffett's favorite bank was exposed for fraudulently "cross-selling" bank products, including creating millions of credit cards and bank accounts to its customers that were never requested, and which cost the former CEO his job, Wells has just been busted yet again for another major scandal:
- Wells Fargo Forced Unwanted Auto Insurance On 800,000 Borrowers Wells Fargo automatically imposed the insurance through its Dealer Services unit. Read zerohedge.com
However, Wells Fargo is probably not alone in that scam and there are other types of criminal scams that banks are engaged in; remember that Bernie Madoff said “JPMorgan knew it,”.
In America the icon for GREED, CORRUPTION, and POWER is JPMORGAN.
JPM is synonymous for BIG CRIME and BIG BANK, and NEW YORK Kingpin.