LATimes.com: Column: Did Wells Fargo target seniors with its bogus-account scheme?

LATimes.com: Column: Did Wells Fargo target seniors with its bogus-account scheme?

Excerpted from LATimes.com dated September 27, 2016:

Wells Fargo may have gone out if its way to take senior citizens to the cleaners when the bank’s workers fraudulently opened as many as 2 million accounts without customers’ permission.

Rob Wilcox, a spokesman for Los Angeles City Atty. Mike Feuer, who sued Wells Fargo over the bogus accounts last year, said it’s hard to determine how many of the bank’s victims were seniors.

“While we found examples where seniors who were Wells Fargo customers were victims, we do not have information on how widespread the practice was or whether they were targeted for this practice,” he said.

Full article.