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...wasn't a very successful fraud. The fraud was successful; it caused WF to continue paying underperforming salespeople. The fraud didn't make money for WF be
by yummyfajitas 10y ago
...wasn't a very successful fraud.
The fraud was successful; it caused WF to continue paying underperforming salespeople. The fraud didn't make money for WF because WF was one of the victims - in fact, as far as money lost goes, probably the primary victim.
But the thing is, there is no evidence of any criminal organization or conspiracy. The criminals in this case - the 5,300 sales people - don't appear to have coordinated at all.
Are you sure we are commenting on the same story?