Wells Fargo is one of the most corrupt banks. They had to pay the Feds a $160 million fine after buying out another fraud bank Wachovia in 2010 for Wachovia's Mexican drug money laundering of $378 billion blood money between 2006-2009. Google "Wachovia drug money scandal"- hardly no one knows about it because the Feds put no one in jail, just slapped their wrists. Just today Wells Fargo was fined $4.1 million for charging illegal student loan fees. If we had a decent Fed, they would have lost their business charter and sent the crooks to jail long ago.
OK, to bring everyone up to speed:
2010- The Feds shakedown Wells Fargo for $160 million for acquiring the Wachovia banditos whom they caught laundering $378 Billion Mexican drug/guns money. The Feds found this when looking at the Wachovia books required when the banks wanted to merge in 2009. $160 million is pocket money to these criminals. They should have had their asses handed to them for profiting from all the people killed for this scheme in Mexico and the US. I'm sure El Chapo laughed all the way to his bank.
2016- Wells Fargo was fined $4.1 million for charging illegal student loan fees to the kids they screwed for the onerous school loans to begin with.
2016- Wells Fargo was fined $185 million for fraudulent accounts that people had no knowledge of.
Total of shakedown fines paid so far in 6 years that we know of: $349.1 Million and a Win-Win for both the banks and the Feds.
Guess who loses?