But some Wells Fargo employees tried, years earlier, to sound the alarm — with personally disastrous results. Yesenia Guitron, a former banker, sued Wells Fargo in 2010 — three years earlier than the bank has admitted it knew about the sham accounts. You got fired because you tried to do the right thing.’”Mr. Russell also lost his home after he lost his Wells Fargo job. It’s just unbelievable, the amount and scope of this fraud.”Although Wells Fargo settled the civil cases with Los Angeles and its federal regulators, more fallout could be coming. Mr. Stumpf, who has been invited to speak, plans to appear, Wells Fargo said.

Source: New York Times September 26, 2016 23:26 UTC