Wells Fargo, which paid $185 million in fines to settle government charges of fraud, now faces a lawsuit by three customers who claim they were victimized.

The plaintiffs, all from Utah, charged in a federal court complaint that they were among the thousands of customers who had money taken from their accounts, without their permission, to open additional accounts in their names.

They are seeking class action status and $5 million in damages from the bank. Their complaint also seeks punitive damages, charging it failed to alert customers to the practice in a timely manner.


"Fast forward five years when I'm trying to buy a house and my credit report shows over $900 in fees from Wells Fargo," Tara wrote in a ConsumerAffairs post. "I disputed this numerous times yet Wells Fargo insisted I opened an account with direct deposit, even though I wasn't working at the time, meaning they signed me up for an additional account with fees."

Comments: Be the first to add a comment

add a comment | go to forum thread