Tuesday, April 23, 2013

Followup on Okie's comments per Wells Fargo Bank


Submitted by a patriot --- Johnnie did not write this
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To follow up with Okie regarding his statement: "Wells Fargo is one of the most reputable banking institutions in America,"  I am submitting the following list which proves beyond a shadow of a doubt that Wells Fargo is NOT among "the most reputable banking institutions in America." If Wells Fargo is among the most reputable, I hate to think what the less well known banks but more honest banks are rated.  Wells Fargo is ANYTHING BUT REPUTABLE.  Proof is provided below, and this doesn't even begin to provide the numerous accounts of issues with this bank.  Haven't even scratched the surface.


Wells Fargo - 8,379 Complaints, Reviews, Scams, Lawsuits  & Frauds Reported On These Banks

Wells Fargo Bank | Ripoff Report | Complaints Reviews Scams Lawsuits Frauds Reported

ANGRY WELLS FARGO CUSTOMERS ORGANIZE MARCH TO TAKE OVER THE ANNUAL GENERAL SHAREHOLDERS MEETING
Wells Fargo Bank is responsible for some of the worse abuses of public funds and resources. It has received $43.7 billion in bailout funds, but continues to foreclose on families and neglects to pay taxes. Wells Fargo is a prison profiteer and uses its mutual funds, the money deposited by its clients, to invest in these private detention corporationsAs of December 31, 2010, Wells Fargo had $88.7 million, or 4 million shares invested in the GEO Group, http://www.geogroup.com/  in the nation’s second-largest private prison company, and $5.9 million, ½ shares, in CCA (Corrections Corporation of America)  according to Security and Exchange Commission filings. Their combined prison holdings are valued upwards of 120 million. 

Wells Fargo Poor Banking Practices


Wells Fargo Overdraft Lawsuit: Bank Ordered To Pay $203 MILLION In Fees Over 'Unfair' Charges


Analyst Dumps Wells Fargo for Bad Service, Upgrades Its Stock to a Buy


Summary of Online Comments - Parodies of Wells Fargo Images

$4,000,000 Lawsuit Against Wells Fargo For Mortgage Fraud (1 lawsuit – there are lots of others)
http://www.ostendorflaw.com/blog/?p=13

1 comment:

Anonymous said...

They, [all the TBTF banks] are corrupt. As they say "Ray Charles could see that." If you still have your money in these banks you are "certifiable nuts" , and deserve to lose it , for you have been warned repeatedly by many, many people ' in the know '. Pull it out now, stop supporting these CRIMINAL banks.