Wells Fargo’s CEO John Stump walks with $120 million

The Verdict

John Stumpf artifically boosted the value of Wells Fargo stock by illegally, and fraudulently creating as many as 2 million unauthorized accounts and instead of going to jail – he is rewarded with a golden parachute, approximately $120 million for his ill-gotten gains.

White Collar Crime

The real question is why Wells Fargo’s John Stumpf has not been prosecuted for white collar crime? And the sad consequence of not prosecuting this behavior means that this criminal mischief will continue to occur in the future.

The Solution

Prosecutors need to cultivate some chutzpah; some nerve; some audacity and prosecute white collar criminals just like they prosecuted Bernie Madoff.

Check Your Credit Report

If you are banking at Wells Fargo, be sure to review your credit file to determine if you were illegally, and fraudulently signed up for a Wells Fargo Credit Card. Review the following instructions to download a free credit report – Free Credit Report in 10 Easy Steps. 

Contact Dunne Law Offices, P.C.

Please contact Dunne Law Offices, P.C. if you discover a fraudulent credit card account in your credit report. I’ll gladly take them to court and punish them for this criminality.

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