Ex Wells Fargo employee here, back in the early 2010s we used to have unrealistic sales quotas for bankers and high pressure to meet them, with sales phone meetings at the end each shift. The result was the scandal we’re familiar with, millions of fake profiles and/or authorized accounts opened by those that couldn’t take the pressure. I think something similar is happening, Miller had given them a very high arrest quota, and you can see how this could lead to them arresting whoever they can
Ex Wells Fargo employee here, back in the early 2010s we used to have unrealistic sales quotas for bankers and high pressure to meet them, with sales phone meetings at the end each shift. The result was the scandal we’re familiar with, millions of fake profiles and/or authorized accounts opened by those that couldn’t take the pressure. I think something similar is happening, Miller had given them a very high arrest quota, and you can see how this could lead to them arresting whoever they can
Off topic but the fact that anyone still banks there, and that they’re even still allowed to operate, is just crazy to me.