Wells Fargo targeted undocumented immigrants, stalked street corners, lawsuit claims


Livinglies's Weblog

On “Hit the Streets Thursday,” Wells Fargo bankers and tellers, specifically those of Latino descent, scouted the streets and Social Security offices for potential clients. Their goal: Find undocumented immigrants, take them to a local branch and persuade them to open bank accounts.

Others hit construction sites and factories, according to court documents. Knowing that undocumented workers there needed a place to cash their checks, Wells Fargo employees urged them to open new accounts while promising to waive check-cashing fees. Some offered the immigrants money to open an account.

The more people signed up, whether it was for checking and savings accounts, credit and debit cards, online banking or overdraft protection, the better. If they signed up for all of the features, even better. Each new account was considered a sale, and the…

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About Here and Now

I rant about issues concerning foreclosure, real estate law and any topic of interest. Normally my day job is Fashion and Costume Design. I like writing and reading interesting subjects.
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One Response to Wells Fargo targeted undocumented immigrants, stalked street corners, lawsuit claims

  1. Pingback: Wells Fargo targeted undocumented immigrants, stalked street corners, lawsuit claims | Banksysteem van Babylon t/m Heden

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