Category Archives: Fraud

Keiser Report EP 1040 Cognitive Dissonance in US Stock Markets

Via Maxkeiser.com

Excellent talk with Chris Martenson of peakprosperity.com

“Money has become a death cult and Janet Yellen is the head Priest”

We discuss cognitive dissonance in US stock markets. In the second half, Max continues his interview with economic researcher, writer and trend forecaster, Chris Martenson of PeakProsperity.com about ‘the mother of all bubbles’ in US equity markets.

Wells Fargo Fires 5,300 For Engaging In Massive Fraud, Creating Over 2 Million Fake Accounts

Via zerohedge.com

  • “On Thursday, Wells Fargo was fined $185 million, for engaging in pervasive fraud over the years which included opening credit cards secretly without a customer’s consent, creating fake email accounts to sign up customers for online banking services, and forcing customers to accumulate late fees on accounts they never even knew they had. Regulators said such illegal sales practices had been going on since at least 2011″
  • “In all, Wells opened 1.5 million bank accounts and “applied” for 565,000 credit cards that were not authorized by their customers

Read more here..