Wells Fargo Accused of ‘Aiding and Abetting’ Alleged $300,000,000 Ponzi Scheme With More Than 1,000 Victims: Report

A new lawsuit accuses Wells Fargo of monitoring “both sides” of an alleged $300 million Ponzi scheme and doing nothing to stop it. Plaintiffs for the lawsuit accuse the US bank of unjust enrichment, negligence, aiding and abetting fraud and breaching fiduciary duties, reports the Sun Sentinel. In July of 2021, the Florida Office of The post Wells Fargo Accused of ‘Aiding and Abetting’ Alleged $300,000,000 Ponzi Scheme With More Than 1,000 Victims: Report appeared first on The Daily Hodl .