Wells Fargo Bank: Manipulating Financial Reporting

Decent Essays
Wells Fargo Bank has been manipulating the financial reporting and data since 2013. This behavior led the bank to pay $185 million in penalties. Further, the Government agencies are trying to protect the consumers as much as they can. In fact, financial statements, ratio analysis, and financial reporting present some strengths and limitations. Consequently, to protect themselves against corporate frauds, investors must diversify their portfolios with foreign issuers. Further, they should investigate first before investing. In fact, investors should sue the companies involved in fraudulent actions. More importantly, they must take action at the first sign of a

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