Navajo Nation Sues Wells Fargo

Navajo Nation Sues Wells Fargo Claiming The Bank Targeted Native Americans Using Predatory Sales Tactics

navajo nation
Leadership of the Navajo Nation has sued Wells Fargo for predatory behavior
The Navajo Nation has filed a federal lawsuit against Wells Fargo. The tribe is alleging that Wells Fargo preyed on elderly tribal members.

The Navajo Nation alleges Wells Fargo opened unauthorized bank accounts and debit cards. The tribe also alleges Wells Fargo pressured elderly people to enroll in services they did not need.
Navajo Nation said in its complaint:

Under intense pressure from superiors to grow sales figures, Wells Fargo employees lied to Navajo consumers, telling elderly Navajo citizens who did not speak English that in order to have their checks cashed, they needed to sign up for savings accounts they neither needed nor understood.

Read more at MFI-Miami

Comments

Post a Comment

Popular posts from this blog

South Florida Foreclosures Are Skyrocketing Thanks To The Florida Supreme Court

Image
South Florida Foreclosures Are Skyrocketing Thanks To The Florida Supreme Court South Florida Foreclosures By Numbers A new study by Attom Data Solutions  shows that South Florida foreclosures are skyrocketing.  Florida had one of the highest rates of foreclosure starts in the United States in August compared to the same period last year. The report shows one in every 1,180 households in Florida had a Lis Pendens and foreclosure action filed against it. This is a 35% increase from the same time last year. Only New Jersey, Delaware, and Maryland had higher rates of foreclosure starts. The Attom study also shows the number of foreclosure starts in Miami-Fort Lauderdale-West Palm Beach jumped 29% in August. This also is the fourth consecutive month of year-over-year spikes in foreclosure. The spike in foreclosure starts in markets such as Miami-Dade. Miami-Dade is plagued by  income inequality  and  stagnant wages  that continue to worsen. ...
Read more

Bayview Loan Servicing Body Slammed By Homeowner

Image
Homeowner Body Slams Bayview Loan Servicing And Their Lawyers In Dual Tracking Case Maryland homeowner Sherry L. Weisheit handed Bayview Loan Servicing an embarrassing defeat in her foreclosure case. She filed suit against Bayview Loan Servicing and their law firm Rosenberg and Associates for violating RESPA and FDCPA. Weisheit's suit revolves around Bayview Loan Servicing's failure to give her a loan modification. Bayview Loan Servicing denied the loan modification while proceeding with foreclosure. However, Weisheit qualified for a HAMP modification. Bayview Loan Servicing just didn't want to give her one and used a debunked excuse typical of a mortgage servicer. Read more at MFI-Miami
Read more

Miami Escort Service Owner Busted By IRS

Image
Miami Escort Service Owner Indicted For Allegedly Filing Fraudulent Corporate and Individual Income Tax Returns The Federal government had indicted Dennis Zarudny for making and subscribing false tax returns. Zarudny is one of the top Miami escort service providers. Zarudny faces a statutory maximum sentence of three years in prison for each of the eight counts.  He also faces a period of supervised release and restitution. In addition, he also faces paying monetary penalties. The indictment also alleges that from 2011 through 2014 Zarudny filed with the IRS fraudulent corporate and personal income tax returns that underreported his business gross receipts and the income he earned from the business. Read more at MFI-Miami
Read more