Did Stumpf Lie To Congress? Wells Manager Admits Fake Account Creation As Far Back As 2006

Tuesday, October 11, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Oct 11, 2016

Just when you thought the public floggings were over and another US bank proved that crime pays, it appears Wells Fargo – and its CEO – may not be as ‘Teflon’ as they hoped. Having told Congress under oath that his bank committed criminal activities since 2011, VICE News reports that in fact John Stumpf’s banking head Carrie Tolsetedt was actually aware of the creation of fake accounts since 2006.

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