Sentences with phrase «millions of fake accounts in»

Branch employees had opened millions of fake accounts in customers» names without their knowledge to meet sales targets.

Not exact matches

The first executive decision Sloan made when he took charge in October 2016, was to get rid of the sales incentive plan that led to millions of fake accounts.
They engaged in some fake accounts, in millions of fake accounts.
The Wall Street megabank has been in the Massachusetts senator's crosshairs since it came to light in 2013 that it created as many as 3.5 million fake accounts for customers, resulting in millions of dollars in fraudulent fees and weakened credit scores.
«Replacing an insider CEO who personally profited from the bank opening millions of fake accounts with another highly placed insider who personally profited from the same activity does not lead to change at the bank,» Warren told Vox in an interview after the hearing.
Wells Fargo in 2016 was fined $ 185 million for issuing millions of fake credit card accounts.
He had 2 million in shares of Wells Fargo stock — and he got up every quarter during the fake accounts scandal and told potential investors that Wells was a great deal because of the cross-sell ratio.
Wells Fargo has run into problems of late following a scandal, revealed last September, in which thousands of its employees opened millions of fake accounts for unwitting customers over a decade and a half, if not longer.
To top it all off, 2016 and 2017 witnessed their now infamous «fake accounts» scandal that impacted literally millions of customers and involved tens of millions in falsely opened accounts.
Some of their placards read: «Support Anti-Corruption Crusade, Probe Executive Looting in Ekiti», «We Don't Want a Criminal as our Governor in Ekiti», «Fayose Stole N750 million from Ado - Ifaki Road Account,» Grids Associates, Fayose's Conduit Pipe», «Fayose's Wife is a Fake Prophetess, where is Ekiti's N100 million», «What Happened to Ekiti Airport Fund», «Fayose Must Go», «Access Bank is Aiding Fraud in Ekiti», Fayose is a Disgrace to Ekiti People», among others.
«The PAYEE account as a result of deductions from workers is not up to N850 million in actual fact, but the figure was inflated so that the balance would end up in private pocket while the fake figure is in government's books,» Olatunbosun said.
Facebook yesterday said it axed 583 million fake accounts in the first three months of 2018.
Free sites are only invested in your success, not saying that they have «millions of singles» when the truth about those so - called «millions» is that they are fake accounts created by the site admins, or they are abandoned accounts by people smart enough to use the trial & quit before the rip - off fees start.
In August 2012, Facebook revealed that more than 83 million Facebook accounts (8.7 % of total users) are fake accounts.
Meanwhile, advances in machine learning have allowed Facebook «to find more suspicious behaviors without assessing the content itself» to block millions of fake account creations per day «before they can do any harm,» says Chakrabarti.
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