Bank of Mexico

Bracero Program Wage Theft - Wells Fargo Transfers $32 Million That Disappears in Mexico

1942-01-01 00:00:00 +0000 UTC | Importance: 7/10

Between 1942 and 1949, U.S. employers withhold 10% of bracero workers’ wages—totaling at least $32 million—depositing the funds with Wells Fargo Bank and Union Trust Company of San Francisco for transfer to Mexican savings accounts through the Bank of Mexico and Banco de Credito Agricola. The …

Wells Fargo Bank Bank of Mexico Banco de Credito Agricola Mexican government U.S. agricultural employers wage-theft financial-fraud labor-exploitation corporate-complicity institutional-corruption