News Comment #2
Today I read an article from The New York Times saying that in addition the millions of fraudulent bank accounts discovered within Wells Fargo, another 1.4 million accounts have been discovered in a recent internal review. The controversy began when an internal review discovered that thousands of Wells Fargo employees opened millions of fraudulent bank accounts without the consumers’ knowledge in order to meet sales goals. This recent review increased the amount of these accounts by almost 70%.
The news value that is used most in this article was impact, as millions of these accounts existed. Personally as someone who banks with Wells Fargo constantly, this is very concerning to me. At many points I have wondered if there are bank accounts in my name that are illegitimate.
Link to article:Â https://www.nytimes.com/2017/08/31/business/dealbook/wells-fargo-accounts.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region®ion=top-news&WT.nav=top-news&_r=0