Sentences with phrase «massive fake account scandal»
The bank has been struggling with intense regulatory and media scrutiny since 2016, when a massive fake account scandal came to light.
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«Whether it is fake accounts at Wells Fargo or a massive data breach at Equifax, recent scandals have demonstrated that consumers need to access the justice system when a big, powerful company opens accounts in their name, without their consent, and leaves them vulnerable to fraud by failing to secure their personal data,» said Sen. Catherine Cortez Masto, D - Nev.