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Wells Fargo fires workers after allegedly catching them simulating keyboard activity

Wells Fargo fires workers after allegedly catching them simulating keyboard activity

CBSN
Friday, June 14, 2024 03:09:32 PM UTC

Wells Fargo fired more than a dozen workers last month after allegations that the employees were faking work activity on their computers. 

The bank terminated the workers after investigating claims of "simulation of keyboard activity creating impression of active work," according to a filing cited by Bloomberg News, which earlier reported the firings. The terminations were reported in disclosures filed with the Financial Industry Regulatory Authority, an organization that oversees broker-dealers in the U.S.

"Wells Fargo holds employees to the highest standards and does not tolerate unethical behavior," Wells Fargo said in an emailed statement to CBS MoneyWatch. It declined to provide additional comment.

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