In this video, I talk with author and economic analyst John Sneisen about a recent admission by Wells Fargo's new CEO Tim Sloan that Wells in fact created 1.4 million more accounts than previously noted!
These fraudulent accounts cover the period of January 2009 to September 2016. This is a 67% higher rate than Wells Fargo was previously caught red handed a year ago creating 2.1 million accounts.
Wells Fargo's CEO put out an apology calling the actions the bank took "unacceptable", but it's the third or fourth apology we've heard from Wells Fargo in the last year.
Wells Fargo was also caught forcing insurance on 20,000 people who did not ask for insurance earlier this year, leading to many people's vehicles being repossessed.
These banks are starting to get a lot more out in the open about their fraud. This is yet another sign that we are reaching the end of a cycle in the markets and monetary system. This isn't new, but it's not even being well hidden anymore which speaks volumes.
It's time to break free from the banking system and start being independent and financially responsible or reap the consequences.
See the FULL video report here:
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Yup!
good post
Thank you!
your welcome my friend😉😉
Great. Thanks for sharing. I'm starting to follow you.
Great thanks for sharing info
Shocking!! Thanks for sharing...
Thanks for posting these videos. You are doing good work.
Good post. I'm not surprised. I'm interested to see if Buffet sticks with them long term, since Berkshire Hathaway is their largest investor.
I wonder if over time people/investors will start to no longer be outraged by this kind of fraud if it becomes common. How many people are outraged today when they here of another company who had their customer's information hacked. It's hardly news anymore because it's so common.
Then, think about all the fraud that happens inside of government. I've personally become numb to it and assume they are all self-serving crooks. I'm no longer surprised and largely don't think there is anything that can be done about it. The Deep State after all is alive and well.
Damn Banks..