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California attorney general investigating Wells Fargo bank

8 months 5 days 21 hours ago October 20, 2016 Oct 20, 2016 Thursday, October 20 2016 October 20, 2016 3:03 AM in News
Source: Associated Press
By: APNewsNow

SACRAMENTO, Calif. - California's attorney general is leading a criminal investigation into the sales practices scandal that has rocked San Francisco-based Wells Fargo bank.

A search warrant released Wednesday by the state Department of Justice shows that agents sought evidence related to allegations that bank employees created up to 2 million bank and credit card accounts without customers' approval in order to meet sales goals.

The warrant, first reported by the Los Angeles Times, was served Oct. 5 as Attorney General Kamala Harris runs for the U.S. Senate.

Copies obtained by The Associated Press show her office sought the names of customers who had accounts opened without their permission, employees who opened the accounts and their managers, and fees associated with the improperly opened accounts.

Harris' office and the bank did not comment.

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