Wells Fargo Warned Workers Against Sham Accounts, but ‘They Needed a Paycheck’

September 16, 2016 4:19 PM

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Wells Fargo Warned Workers Against Sham Accounts, but ‘They Needed a Paycheck’

Wells said in its defense that over the last several years it had adjusted its compensation structure to place less emphasis on meeting sales goals and more on other factors like good customer service.

The bank analyzed potentially questionable accounts and employee terminations from 2011 through much of 2015 and concluded that it had made progress in cleaning up its act.

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