Nope they never learn
When the fines are less than the profits, what’s there to learn? Just the cost of doing business.
Exactly
It sure is weird how if I committed millions of dollars in fraud, I’d go to prison for 10-20 years.
Are you sure? Have you tried it?
Cost of doing business.
I’m glad I bank with Wells Fargo
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Excuse me, but you dropped this, /s
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When I was in my early twenties, I decided to open my first savings account (already had a checking account) at BofA. The agent at the branch didn’t tell me there was a minimum balance of $50 and let me open it with $20. Immediate penalty. I was too young and naive to know how to stand up for myself. I’d get that shit reversed today on grounds that she failed to properly inform me. At ~22, I just took the hit.
I’m sure she got commission on that shit, else why would she let that happen? The banking industry is fraudulent from top to bottom.
