NYSE:WFCBanks
Wells Fargo Check Fraud Scrutiny Puts Customer Protection Story In Focus
Wells Fargo (NYSE:WFC) is under scrutiny over check fraud cases involving elderly and vulnerable customers.
Some affected customers were initially denied reimbursement because claims were submitted after internal reporting deadlines.
At least one high profile case was later reimbursed after gaining public attention, raising questions about the bank's fraud policies.
The situation is drawing attention to consumer protections and the strength of fraud safeguards at large US banks.
Wells Fargo...