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Wells Fargo fires more than a dozen employees for faking work using mouse jigglers and keyboard activity simulation (www.tomshardware.com)

submitted 4 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

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[–] Sensitivezombie@lemmy.zip 137 points 4 months ago (9 children)

A Wells Fargo spokesperson told Bloomberg that the company "holds employees to the highest standards and does not tolerate unethical behavior."

Says an unethical piece of shit corporation that secretly opened millions of unauthorized accounts of their customers to collect bogus fees, appease their shareholders and financial status.

Were the executives fired? No. Were they jailed for financial fraud? No.

https://www.justice.gov/opa/pr/wells-fargo-agrees-pay-3-billion-resolve-criminal-and-civil-investigations-sales-practices

[–] r0ertel@lemmy.world 4 points 4 months ago (2 children)

I'm not disagreeing with you, but your last sentence isn't correct.

Last year, the former head of the bank’s retail operation was sentenced to three years of probation, while the bank’s former CEO was banned from the industry.

[–] Triasha@lemmy.world 6 points 4 months ago (1 children)

Sorry to come with "um, ackshuslly" but they didn't ask if they were convicted of a crime. The question was "were they jailed? And according to your post, they were not.

[–] r0ertel@lemmy.world 3 points 4 months ago

True. I was referring more to the first part about being fired. After rereading it, the two weren't "fired". Although 3 years of probation isn't nothing, it's a far cry from what many feel should have been done. The CEO was banned from the industry, which is something.

I'd really be curious to know if the punishment of the CEO & "head of retail operations" provided relief to the people affected by their crime AND was substantial enough to change their behavior.I feel that those items are what the sentencing should be about.

[–] Cort@lemmy.world 6 points 4 months ago

I think technically op may be correct, as being banned from an industry is different from the business firing them. And probation isn't jail time

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