Wells Fargo account fraud scandal

GPTKB entity

Predicate	Object
gptkbp:instanceOf	political scandal
gptkbp:category	gptkb:2016_in_the_United_States Wells Fargo Financial crime Banking scandal
gptkbp:cause	Sales pressure and aggressive sales targets
gptkbp:consequence	Executive resignations Fines and penalties Reputational damage
gptkbp:describes	Employees created millions of unauthorized bank and credit card accounts
https://www.w3.org/2000/01/rdf-schema#label	Wells Fargo account fraud scandal
gptkbp:involvedIn	Wells Fargo
gptkbp:location	gptkb:United_States
gptkbp:mediaCoverage	gptkb:CNN gptkb:NPR gptkb:The_New_York_Times
gptkbp:notablePerson	gptkb:Carrie_Tolstedt gptkb:John_Stumpf
gptkbp:numberOfUnauthorizedAccounts	over 2 million
gptkbp:penalty	$185 million
gptkbp:regulates	gptkb:Consumer_Financial_Protection_Bureau gptkb:Los_Angeles_City_Attorney gptkb:Office_of_the_Comptroller_of_the_Currency
gptkbp:result	Carrie Tolstedt retired John Stumpf resigned as CEO Wells Fargo changed sales practices Wells Fargo refunded customers
gptkbp:startDate	2016
gptkbp:bfsParent	gptkb:John_G._Stumpf
gptkbp:bfsLayer	6