Wells Fargo accused of staging fake job interviews with minority applicants: report

Wells Fargo accused of staging fake job interviews with minority applicants: report

A former frame well Fargo The bank claims the company held “fake” job interviews for minority applicants for previously filled positions and claims he was fired for drawing attention to the issue.

Joe Bruno, a former executive in Wells Fargo’s corporate wealth management division in Jacksonville, Florida, told the New York Times that the company would interview minority candidates for positions to adhere to an informal policy of promoting diversity, but noticed that candidates often interviewed for jobs that had been promised to someone other.

Wells Fargo

This Tuesday, October 12, 2021, photo shows a Wells Fargo location in Philadelphia. (AP Photo/Matt Rourke/AP Newsroom)

Bruno says he was fired last summer after telling his superiors the interviews were “inappropriate” and “ethically and morally wrong”.

The Times reported that Bruno was one of seven current and former Wells Fargo employees who say they were tasked with interviewing “diverse” candidates for positions even though the decision had already been made to hire a different candidate.

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Wells Fargo branch in Chicago

A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois (Reuters/Reuters)

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Raschelle Burton, a Wells Fargo spokeswoman, said: “To the extent that individual employees engage in the behavior described by The New York Times, we do not condone it,” said Raschelle Burton, a Wells spokeswoman. Fargo, to the Times.

In a statement to Fox News Digital, Wells Fargo said it could not verify Bruno’s claim.

“We have researched all of the specific claims the reporter shared with us prior to the story’s publication and were unable to substantiate the claims as factual,” a company spokesperson said.

The spokesperson added that Wells Fargo “will continue our internal review and if we find evidence of inappropriate behavior or deficiencies in our guidelines or their implementation, we will take decisive action.”

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In August 2020, amid widespread protests and rioting following the death of George Floyd, Wells Fargo agreed to pay nearly $8 million to settle a Department of Labor claim alleging the company had discriminated against against tens of thousands of black candidates.

Months earlier, the company agreed to a $3 billion settlement to resolve a fake account scandal and admitted to wrongfully collecting millions of dollars in fees and interest, damaging some customers’ credit ratings and illegally used the private information of its customers.

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Unrealistic sales targets have led to millions of accounts being opened without customers’ knowledge or under false pretences, the company also admitted.

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