Wells Fargo employees claim they were fired for refusing to create fake accounts
By: Rob Smith
Wells Fargo employees claim they were retaliated against for reporting unethical demands to meet the company's sales goals.
Wells Fargo paid $185 million in fines and fired 5,300 employees for creating millions of fake accounts, but a half dozen workers who spoke to CNN say they were fired for speaking up!
One banker said he refused to open up phony accounts and was fired 8 days after calling an ethics line to report the requests.
A former Wells Fargo Human Resources official said the bank conspired to fire employees for minimal offenses after they made calls to the ethics hotline. He said:
"If this person was supposed to be at the branch at 8:30 a.m. and they showed up at 8:32 a.m, they would fire them,"
Wells Fargo disputes the claims, saying "We do not tolerate retaliation against team members who report their concerns in good faith."