Wells Fargo Sued For Allegedly Aiding $300M Ponzi Scheme

By Katryna Perera ( June 5, 2024, 8:31 PM EDT) -- Wells Fargo Bank NA has been hit with a proposed class action in Florida federal court alleging that it aided and abetted a $300 million Ponzi scheme that duped more than 1,000 investors, most of whom were elderly and lost substantial life savings due to the scheme....

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