Wells Fargo vice president fired after urinating mid-flight incident
Wells Fargo (WFC) – Get a free report didn’t have a great year in 2022 and it looks like 2023 is going to start off with a bang.
The bank was called for some of its big moves last year, including close the adult performer’s account without explanationcalled by a group of senators led by Elizabeth Warren (D-Mass) because alleged racist recruitment practicesand so many cases of rampant fraud through its Zelle app.
But perhaps the worst act of the year happened on December 20th, when Wells Fargo fined nearly $4 billion by the Consumer Financial Protection Bureau. This was due to banking breaches that affected 16 million consumer accounts, including repeated misappropriation of loan payments, miscalculation of fees and interest rates, and illegal overdraft fees. doubt.
“Wells Fargo has repeatedly broken the law and deceived its customers. I’ll say it once and I’ll say it again: We need to break up with Wells Fargo,” Warren said. wrote in a tweet on December 20th.
You’d think with all that weight on your back, Wells Fargo would consider ways to best behavior. Instead, one of its vice presidents did something so horrible it was hard to believe it actually happened.
What happened to the vice president of Wells Fargo
Wells Fargo India vice president Shankar Mishra was on an Air India flight from JFK to New Delhi on November 26 when he got up from his seat, walked over to another passenger and urinated on her.
The 72-year-old woman demanded Mishra’s arrest when the flight landed. Before that, however, the crew took Mishra to apologize to her, which she described in an official complaint she filed with the airline.
“I was stunned when he started crying and apologized profusely, please don’t file a complaint against him because he’s a family man and doesn’t want his wife and children to be affected by this incident.”
Wells Fargo announced the termination of its contract with Mishra on January 6.
“Wells Fargo requires employees to adhere to the highest standards of professional and personal conduct and we find these allegations extremely disturbing. This individual has been terminated from Wells Fargo. We are cooperating with law enforcement and request that any additional investigation be referred to them,” it said in a statement.
Can Wells Fargo recover?
While the incident was a one-off incident by an employee rather than the bank itself, it casts a darker shadow on a company that has already lost great respect in the public eye. .
With the fourth quarter earnings call Coming up, Wells Fargo gets the chance to discuss its future plans and potentially begin to change its reputation. But between it history of discriminatory hiring practices and allegations of mishandling the money, the company had to climb a steep hill to get there.
The public, however, may not be forgiving of Wells Fargo, but is not willing to leave the bank. That could be based simply on the fact that changing banks is a hassle, and when a scandal doesn’t affect you directly, you’re easily upset, but not really ready to open an account. new bank or find a new mortgage/credit card/home. equity loan provider.