CNN explains in detail how Wells Fargo financial company denies orchestrated FRAUD using it's own customers name and identities. Now it's time to resign I guess. SMH.
Wells Fargo CEO John Stumpf plans to apologize to customers Tuesday for more than 2 million fake accounts opened in their names, but he will deny any orchestrated fraud by bank management.
In testimony to the Senate Banking Committee, Stumpf will say that the scandal pains him more than any problem faced by the bank in his 35 years there, and that he accepts responsibility.
"I am deeply sorry that we failed to fulfill our responsibility to our customers, to our team members, and to the American public," he will say, according to prepared remarks obtained by CNNMoney.
