Virginia has joined a multistate settlement in which Wells Fargo Bank will pay $575 million to resolve claims that it set up fake accounts without its customers’ permission and made improper auto and mortgage loan charges. Virginia’s share of the settlement is $11.55 million, Attorney General Mark Herring’s office announced Friday.
About The Author
Bill Wyatt holds a B.S. in Telecommunications from Radford University. He is a radio and television station owner, journalist, broadcaster, web designer, and media consultant.