A former leader knows Wells Fargo Bank claims that the company held “fake” job interviews for minority candidates for positions that were already filled and says that he was fired for drawing attention to the case.
Joe Bruno, former head of the asset management division at Wells Fargo’s corporate offices in Jacksonville, Florida, told the New York Times that the company would interview minority candidates for positions to pursue an informal policy that promotes diversity, but noted that the candidates were often interviewed for jobs that had been promised to someone else.
Bruno says that he was fired last summer after telling his superiors that the interviews were “inappropriate” and “ethically and morally wrong”.
The Times reported that Bruno was one of seven current and former Wells Fargo employees who say they were asked to interview “diverse” candidates for positions even though the decision had already been made to hire another candidate.
A RECESSION IS NOW THE BASIC SCENARIO OF WELLS FARGO
WENDY WILLIAMS REFUSES WELLS FARGO’S ALLEGATIONS ABOUT HER MENTAL HEALTH, CLAIMS “FINANCIAL EXPLOITATION”
Raschelle Burton, a Wells Fargo spokeswoman, said “To the extent that individual employees engage in behavior as described by The New York Times, we do not tolerate it,” Raschelle Burton, a Wells Fargo spokeswoman, told the Times.
In a statement to Fox News Digital, Wells Fargo said they could not confirm Bruno’s claim.
“We investigated all the specific allegations the reporter shared with us prior to the publication of the story and could not confirm the allegations as facts,” a company spokesman said.
The spokesman added that Wells Fargo “will continue our internal review, and if we find evidence of inappropriate behavior or deficiencies in our policies or their implementation, we will take decisive action.”
AMERICAN ECONOMY ON DOWN, WELLS FARGO CEO warns: “NO QUESTION”
In August 2020, amid widespread protests and riots following George Floyd’s death, Wells Fargo agreed to pay nearly $ 8 million to settle a claim by the Department of Labor claiming that the company discriminated against tens of thousands of black job seekers.
Months before, the company agreed to a $ 3 billion settlement to solve a fake account scandal and admitted that it incorrectly collected millions of dollars in fees and interest, damaged the credit rating of some customers and illegally used customers’ private information.
GET FOX BUSINESS ON SPEED BY CLICKING HERE
Unrealistic sales targets led to millions of accounts being opened without customers’ knowledge or under false pretenses, the company also admitted.