The government seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery and Enforcement Act of 1989 for alleged misconduct spanning more than a decade related to the San Francisco- based bank’s participation in a Federal Housing Administration program, according to a statement from U.S. Attorney Preet Bharara in Manhattan.U.S. Files Civil Mortgage Fraud Suit Against Wells Fargo - Bloomberg
I see we are confidence building....A little late but it is welcomed.
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