Wells Fargo 3.7 Billion Settlement 2025 Settlement Amount

Wells Fargo 3.7 Billion Settlement 2025 Settlement Amount. Wells fargo will pay $3.7 billion to settle allegations by the consumer financial protection bureau that it mismanaged auto loans, mortgages and deposit accounts, in the. Wells fargo agreed to pay a $1.7 billion fine and another $2 billion in damages to settle claims that it engaged in an array of banking violations over the last decade.

Wells fargo agreed to pay $3.7 billion as part of a settlement with the consumer financial protection bureau (cfpb) over customer abuses. Millions of fraudulent accounts were set up in consumers’ names without their knowledge or consent,.