Two-Tiered-Justice

Wells Fargo Scandal Scorecard: 5,300 Workers Fired, Zero Execs Prosecuted

| Importance: 10/10

After nearly a decade of systematic fraud, multiple investigations, Congressional hearings, and billions in penalties, the Wells Fargo fake accounts scandal concludes with a stark scorecard that defines two-tiered justice in American finance: 3.5 million fraudulent accounts affecting millions of …

Wells Fargo John Stumpf Carrie Tolstedt Department of Justice corporate-fraud wells-fargo two-tiered-justice corporate-accountability systemic-analysis
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DOJ Declines Criminal Prosecution of Wells Fargo Executives

| Importance: 10/10

The Department of Justice announces it will not bring criminal charges against any Wells Fargo executives for their roles in the fake accounts scandal, instead accepting a deferred prosecution agreement with the corporation. Despite Wells Fargo’s admission that “top Community Bank …

Department of Justice William Barr Wells Fargo corporate-fraud wells-fargo doj prosecutorial-discretion two-tiered-justice
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