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Wells Fargo, along with Credit Wholesale Co. Inc. and Priority Technology Holdings Inc., will pay up to $5,000 to individuals affected by unauthorized call recordings in a $19.5 million settlement. This compensation is for California residents who received calls between October 22, 2014, and November 17, 2023. Claims must be filed by April 11, 2025, to be eligible for compensation, which could range from $86 to $5,000 per call.
Wells Fargo has issued an urgent alert regarding the "CEO Scam," a fraud scheme where scammers impersonate company executives to deceive customers into transferring funds or sharing confidential information. Customers are advised to verify any unexpected requests for personal data and to follow security measures, such as using account alerts and avoiding public Wi-Fi for banking transactions, to protect their accounts from potential threats. Ignoring these warnings could lead to significant financial losses and compromised personal information.
Viktor Gladkov
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Wells Fargo to pay millions in settlement over unauthorized call recordings
United States Dollar
Wells Fargo Bank, N.A. Capped Point to Point CD AADIQXX
Priority Technology Holdings Inc
USA
Viktor Gladkov
13:31 30.03.2025
Wells Fargo warns customers about rising CEO scam threats and prevention tips
10:47 23.03.2025
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