Wells Fargo faces lawsuits after costing 20,000 customers their cars
Wells Fargo is being sued by at least three customers who say they were hurt by the bank’s latest scandal which involved auto insurance. The bank admitted last week that 570,000 customers were signed up for car insurance they did not need. Many couldn’t afford both the car payment and the extra insurance, which lead to them falling behind in payments and in at least 20,000 cases, cars were repossessed. Some politicians are now calling for a congressional investigation of the bank.