Chicago, October 10 (RHC)-- In the U.S. state of Illinois, the State Treasury has suspended investing with Wells Fargo amid a massive scandal at the major Wall Street bank involving thousands of employees who took private customer information to create two million fake accounts in order to meet sales targets. The decision affects $30 billion in investments.
Illinois State Treasurer Michael Frerichs called Wells Fargo "shameful." Senator Elizabeth Warren has called for Wells Fargo CEO John Stumpf to resign and to be criminally investigated.
U.S. State of Illinois Suspends $30 Billion in Investments with Wells Fargo
![](https://www.radiohc.cu/articles/8702-H13_Wells_Fargo.jpg)
Related Articles
Commentaries
MAKE A COMMENT
All fields requiredMore Views
- Attorney General of Venezuela reports progress in investigation into sabotage of electrical system
- World rejects Cuba being listed as supporter of terrorism
- International rejection of Cuba's inclusion on Illegitimate U.S. list
- Cuban President Miguel Diaz-Canel, responding to shooting of Donald Trump, condemns all forms of violence
- Belarusian Ministry of Health grants registration to Cuban vaccine Cimavax