Carrie Tolstedt

The Wells Fargo executive in charge of the unit that created 1.5 million fake bank accounts will walk away with $125 million when she retires.

Carrie Tolstedt, 54, was head of Wells Fargo's Community Banking division for 8 years.

5,300 employees in her unit lost their jobs after federal regulators discovered they created 1.5 million fake accounts to generate hundreds of millions of dollars in bogus fees.

The unit also allegedly created 565,000 credit cards for customers and charged them annual fees without their knowledge or permission.

The Consumer Financial Protection Bureau fined Wells Fargo $185 million for the gross misconduct.

But Tolstedt's $7 million bonus will not be seized by the feds.

Instead, she gets to take home $125 million in stock, shares and options, in addition to her $7 million bonus when she retires at the end of the year.

A 2016 report prepared by the CFPB accused Tolstedt of pressuring her minions to hit sales targets by creating the fake accounts.

The report called the unit's practices "unfair and abusive practices under federal law".

According to Forbes, Tolstedt stood to lose $45 million if she was fired from Wells Fargo.

Tolstedt and her husband, Brad Tolstedt, who also worked for Wells Fago until his retirement in 2005, recently sold their upscale 6,000 sq. ft. Alamo, Ca. mansion for $3.45 million.

In a statement announcing Tolstedt's impending retirement, Wells Fargo CEO John Stumpf called her "a standard-bearer of our culture, a champion for our customers, and a role model for responsible, principled and inclusive leadership".

  • LibraGirlonly

    This bish should be under the jail.

  • Str8tUpMenace

    Instead, she gets to take home $125 million in stock, shares and options, in addition to her $7 million bonus when she retires at the end of the year.
    ___________________________

    Well damn.

  • bemetoo

    wtf... white crime always pays..only if you'er white

  • BLACK *I*C*E*

    That complexion for protection!

  • Yoni

    I read about this. They got those folks something terrible. I think my daughter's ex was a victim. But he's an ex now, so we don't care. LOL

  • Lisa daniels

    This just another reason why I refuse to bank with them. I told one of their bankers to her face, you are crooks. She tried to tell me they changed. Look at this ??

  • Lisa daniels

    Damn.

  • LeBrick James

    5,300 under her get fired for wrongdoing, but she gets to retire and keep $125 million. smh.

    This right here is a prime example of why some people hate the rich.

  • iWasteTime

    So she can prove that it came from the tippy top. Got it!

  • Str8tUpMenace

    It's because of shyt like this that makes me want to stash more in the mattress than in an account

  • MzFutureLCSW

    Companies, do this ALLLLLLLLLLLLLLLLLLL the time.
    Nothing to see here.

  • Str8tUpMenace

    *dead*

  • MzFutureLCSW

    LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • MzFutureLCSW

    LOL!!!!!!!!!!!!!!!!!!!

  • LeBrick James

    Yup. You better believe if that was Jaquan Washington in that position, he wouldnt have gotten such a sweetheart deal.

  • Yoni

    So serious. If he weren't an ex, I would be showing him how to class action lawsuit the shit out of these folks.....WITH receipts. But he is, so I won't. LOL

  • LeBrick James

    Wells Fargo will never get me to become a customer. I'll chose the local credit union first.

  • Str8tUpMenace

    I'm mad she said "they changed" *dead*

  • http://www.sandrarose.com Django the God

    They're fraud wasn't white collar.

  • Yoni

    Wasn't/isn't Bank Of America doing folks the same way?

  • Lisa daniels

    My old job did payroll with them so they had them up at the job trying to get everyone an account. I had them in the past and knew they ain't ? and let her know.

  • Ace

    some things never change...

  • B.Sweet, Bad Mamma Jamma

    White collar crimes are where it's at. Don't rob someone for the cash in their pockets and a cellphone. Rob them for their 401k.

  • SandrasNewFave

    Clearly she was raised by a single mother, since her business practices ain't shyt. She must have been raised in filth and squalor to have such low morals. Her daddy must not have been around IF her mother knew who he was. The fact that she sold her house must mean it was in the high crime area. Last, but never least, Obama is at fault for it all.

    {rolling my eyes continuously until they get stuck like my mama said they would}

  • B.Sweet, Bad Mamma Jamma

    With my luck the house would burn down shortly thereafter. Smh

  • http://www.sandrarose.com Django the God

    They wouldn't let me cash a Wells Fargo check, because some technicality with my I.D.

  • Full Monty

    Creating fake accounts...that bish should be in jail not able to retire. The privilege! Glad I closed my wells account years ago. The fees are ridiculous and they will fight you tooth and nail. Don't ever ever bank with them folks!

  • http://citygirlzen.blogspot.com/ missarewa

    And these people want you to believe all scam artists are from Nigeria

  • Lisa daniels

    It took everything for me not to slap her after that.

  • http://www.sandrarose.com Django the God

    ...

  • Jen_n_juice

    They all are

  • LibraGirlonly

    Hump!!

  • BLACK *I*C*E*

    What deal?? Jaquan going to jail!!
    This post would be about his defense strategy in court...NOT no doggone retirement.

  • Str8tUpMenace

    YASSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!! *tears*

  • http://www.sandrarose.com Django the God

    Maybe the employees were.

  • Str8tUpMenace

    Chile, mine too!!!! LMAO

  • Lisa daniels

    See.Smh. them and bank of america can go straight to hell as far as I am concerned.

  • PrettyBrown28

    White privilege.

  • Str8tUpMenace

    These folks stole millions, but they wanna follow our Black asses around in cheap ass retail stores.

  • Full Monty

    ALWAYS! And they selling their house. She about to get ghost!

  • Yoni

    Yes they will like it's YOUR fault and they freeze the accounts and add fees. All the while hollin' fraud. Bitch, it is! It's YALL fraud asses committing the FRAUD!

  • LeBrick James

    Greedy banks. If you overdraw your account by $5 they want to hit you with a $35 overdraft fee. All these fees penalizing the "little guy" so they can pay their executives $125 million retirement bonuses.

    Corporate greed at its finest.

  • <—Doesn'tTalkToStrangers

    They're paying her to be quiet and get thee fudge on??

  • SandrasNewFave

    Looking like a trailer park Nicole Kidman.

  • Miany

    yup

  • <—Doesn'tTalkToStrangers

    You can sign up against that...
    ^^^^
    Pres. Obama made this possible ?

  • Jen_n_juice

    5,300 employees in her unit lost their jobs after federal regulators discovered they created 1.5 million fake accounts to generate hundreds of millions of dollars in bogus fees.

    The unit also allegedly created 565,000 credit cards for customers and charged them annual fees without their knowledge or permission.

    The Consumer Financial Protection Bureau fined Wells Fargo $185 million for the gross misconduct.

    But Tolstedt’s $7 million bonus will not be seized by the feds.

    Instead, she gets to take home $125 million in stock, shares and options, in addition to her $7 million bonus when she retires at the end of the year
    ------------------
    All of this to say #WhitePrivilege

  • http://www.sandrarose.com Django the God

    Giant accused me of stealing once.
    When I complained they gave me $750.

  • Full Monty

    People gonna start using the mattress or a home safe again!

  • LibraGirlonly

    Any and all corporations cheat.

  • Yoni

    But how were they transferring money as if the customer's wouldn't notice the shit and the account transactions weren't adding up? HOW? And how could people be ok with doing it? Was a portion of the money going into their pockets? So these employees did all this shit just to get fired? Where was THEIR reward?

  • Lisa daniels

    They would have made and example out of him and called him a ninja to his face.

  • Incog-knee-gress

    Why she not going to jail? Even Eron man was found guilty...why she get a break???

  • Str8tUpMenace

    The lower level employees probably went along with it just to keep their jobs cuz they knew damn well that they wouldn't be "protected" like this ET with a wig on looking bish up top

  • Yoni

    I never stopped. If anybody need to know....."it's hidden in the gold Gucci parfum box in the back of the closet." LMAO

  • Lisa daniels

    Shii they started it.

  • Yoni

    That bitch would get robbed outside the gates of her home fuggin with me.

  • scentsychick30

    The queen pin and her henchmen are left holding the bag?She cost this bank millions and still walking away with a nice nest egg.#crimingwhileytpays

  • Sexy CJ

    ***********

  • Lisa daniels

    ???

  • Full Monty

    All that money and she got the nerve to have a vagina on her neck. Girl get that fixed with your stolen money.

  • http://www.sandrarose.com Django the God

    We used Schwab, only because it's tied in to other necessary aacts.

  • Lisa daniels

    Shole do.

  • Yoni

    <------ banks with a Mom and Pop bank....but they changed their name and tried to come up. The teller was like "please don't leave us...." like my lil $1.58 in checkings and savings combined is keeping that lil bank afloat. LMAO

  • Incog-knee-gress

    Not really. They been throwing the damn book at folks, white ones for stealing for a grip. Bernie Madoff got 150 years, the Eron jerks, few others. Why she getting a break I do not know but her ass needs to see a prison ASAP

  • <—Doesn'tTalkToStrangers

    Remaining employed(at the time)? :shrug:

  • <—Doesn'tTalkToStrangers

    I got ah lil bank acct tew?

  • Lisa daniels

    Regions. Community bank feel but is a national bank. I love them.

  • MissHarlem

    I bank with Carver ?

  • Yoni

    Right. And still going home on E, driving a 78 pinto, and eating a Draya son diet at night.

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    Hmmph. Privilege.

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    Banking off the fact folks don't check their accounts.

  • LeBrick James

    A lot of bank employees get bonuses if they open up so many accounts per month or per quarter. Sometimes it's a quota thats been put on them that they have to meet just to keep their jobs.

    With the info they have already for one account you have, they can set up other accounts in your name and it helps them hit their sales quotas in sometimes get nice bonuses for hitting their targets. Just greed all around.

  • <—Doesn'tTalkToStrangers

    That or I'm thinking that they didn't have the bills going to the addresses and none knew :shrug:

    I want to see the demographic they did this to ??

  • Str8tUpMenace

    Who you telling??????????? Lawd

  • Yoni

    *sobs in FDIC tears*

  • Str8tUpMenace

    I want to see the demographic they did this to ??
    ____________________

    Me too!!!!!!!! *sonic foot tap*

  • Yoni

    Which reminds me. Thanks.

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    It was some white folks on CNN they got hit.

  • Incog-knee-gress

    Why the husband not under scrunity either???? I still feel like to this damn day, Ruth Madoff shoulda went to jail with Bernie. Spouse be in on it too

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    BOA got crooks too.

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    You saying they got quotas like cops?

  • Yoni

    I'm telling you, PP's ex was a victim. So there's your one token. LOL

  • B.Sweet, Bad Mamma Jamma

    Some of them set up fake email addresses for the online accounts to be linked to.

  • Elle

    Yall help me bc I'm a little slow today..so if the fees were bogus, who paid them? The customers didn't know that said accounts and credit cards were issued in their names, so why or how did Wells collect on it? And damn, her BONUS was $7 MIL?

  • LeBrick James

    Yup. If they set up a new account under your name and transfer $20 out of your account into the new account... a lot of people wouldnt even notice it.

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    She knew he was a crook. Everyone in the family knew but you?

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    Interest?

  • http://www.sandrarose.com Django the God

    Capital One is who's been lending out that money though...

  • <—Doesn'tTalkToStrangers

    ?Did they say they were middle class or anything like that?

  • Incog-knee-gress

    Ruth ass was the one who kept the books!!!!

  • <—Doesn'tTalkToStrangers

    Not EYE said the Cat ????

  • Ace

    I work for a bank, and when we got bought ... all the execs including my super micromanging bosses got "golden parachutes" to leave.. silverlining: they werent replaced and i nolonger have any overhead.. :dances:

  • http://olskoolblackflix.com Prof. Taco Juice

    Union Bank used to be the worst with that. They would intentionally process debits, then charge od fees, and then add deposits. I won several class action suits against them for this practice and will be waiting to receive my wells Fargo notification because they tried to do me dirty also.

  • Yoni

    I would. "Broke folks know how much they got down to the penny." Ask me how I know. Let somebody ask to borrow $6. "Nah baby, I can't even do it. I only got 3.28 to my name." EYE know.

  • <—Doesn'tTalkToStrangers

    Imma put some more in there.
    :ashamed:
    But hey! It's a start lol

  • http://batman-news.com Mama Dee’s Wig Maker

    All banks do

  • Yoni

    GIRL!

  • MsSincerity

    We should use reverse psychology and praise her instead of venting our disgust. Maybe then, they'll get disgusted that she's be being looked up to, then maybe they'll reverse their decision not to hold her accountable. Me first....(sings in Master P voice) "Go Carrie, That's how you do dat there, got a hunnid millions dollars, n - gg - a we don't care". #CarrieTolstedtForPresident #GirlPower

  • LeBrick James

    Yup. When I worked at a bank we had a quota of checking/savings accounts to open up each month, and also loans, credit card applications etc.

    It's all about numbers, and milking all you can out of your existing customers.

  • PhillyFacts

    Pathetic

  • http://www.sandrarose.com Django the God

    I think that's what Chinese do.

  • <—Doesn'tTalkToStrangers

    Right! Be like 'I got $7.27 left until payday'
    ???

  • <—Doesn'tTalkToStrangers

    I check the bank sites like I used to check/crack voicemails or beepers ?????

  • Yoni

    PP's boo was "lower middle class" (read: hood rich/label whores). LOL

  • Yoni

    Real shit. And you know a muthafukka would still wanna borrow 5.22 of THAT. LOL

  • <—Doesn'tTalkToStrangers

    Did he already bank with them?

    Went in for a mortgage?

  • <—Doesn'tTalkToStrangers

    Gorllll
    ?????

  • Jusstlookn VIRGOS ROCK

    WowI

  • http://www.sandrarose.com Django the God

    You might as well get bitcoin at this point.

  • ReadingIsFundamental4Real

    NEVER get a home loan from them. They will churn your mortgage and you wont know who you are paying and how the interest is applied unless you pay close attention. The minute you ask questions, they sell your mortgage off and you then have to deal with some nobody lender who finds loopholes to raise your rate and payments. Took three years to get my grandmother out of her mess... Had to file bankruptcy and everything. They do the elderly the worst.

  • <—Doesn'tTalkToStrangers

    :woohoo:

    Morning ?

  • Yoni

    Already banked with them...........until RENT and car note was due. TUUUUHHHH!

  • B.Sweet, Bad Mamma Jamma

    I visited a gym once. I was thinking about joining but had not decided. The guy I talked to set up an account for me to hit his target. About a week later I went in to set up my account (I didn't know he had set up one on his own). About 2 months later, people started calling me saying my credit card number did not work. I checked my statement and said you're getting paid you must have the wrong account. They verified my account number. Then they started sending letters. I had to battle them and close the real account to get them to stop. No one at the local level could help me. The local manager admitted to me that the employee did it to meet quota. He was no longer employed there by the time all of this went down.

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    This one dude said he retired with a high credit score. He was heated!

  • ReadingIsFundamental4Real

    White Privilege

  • http://www.sandrarose.com Django the God

    Y'all need to play both them numbers.

  • MissHarlem

    Ummmmmm hello

  • <—Doesn'tTalkToStrangers

    Banking
    Investment banking
    ^^^^
    It's not an ethical type business ??

  • Ace

    morning sunshine... dimpz and kingston said hello to all the fam btw.

  • http://www.sandrarose.com Django the God

    Anybody see 'The Big Short', when the Lending Officer was bragging about scamming immigrants with interest only mortgages?

  • L.T.L. Since 2007

    New post...Lying Ryan

  • Yoni

    And hit upside the head with a $5 sock of rolled pennies.

  • Ace

    Hey Harlem. How are you ;)

  • https://www.etsy.com/shop/AMarieNaturals Lovezoe

    I need to watch this

  • http://www.sandrarose.com Django the God

    The hedge fund manager was like, "why is he confessing?"

    Then his partners told him, "he's not confessing--he's bragging."

  • stav

    This is a prime example of US corporations being in cahoots with the crimes being committed within their institutions. This is nothing more than a buy off, she being in the position she was in , has so much dirt on those in higher positions, that allowed her and probably encouraged her to tell the employee's to do what they were doing . They had to fire her to make it look good, because how did all this happen when she was in charge of that unit? She wasn't doing her job, but she was, she did what she was told. Now to keep her quiet from spilling the beans on the higher ups, pay her off extremely handsomely, screw the low level employee's . No one would believe them anyway if they did tell that she encouraged them to lie , steal, and cheat, but overall it shows the lack of integrity within the entire company, no one can make you commit a crime, there are always other jobs. Someone should have been smart enough to become a whistleblower!

  • MissHarlem

    I was about to bring out the shotgun. Got me jumping up and down fonting to you and no reply. Like I'm a reject tuh lol. Good seeing you. Don't leave us again. We hate this format but eh we here.

  • Yoni

    Kingston is a dr, now right? Or nah? Did I get her mixed up with Candi?

  • LeBrick James

    It's funny how people like this can be so stingy too a lot of times.
    Make millions in a year and maybe give like $10,000 to charity for the year.

  • Luv Pitties

    No the Feds would've barged in that office heavily armed and feared for their lives because Jaquan was holding a stapler and then he'd be dead.

  • Low E. TUH!

    In a statement announcing Tolstedt’s impending retirement, Wells Fargo CEO John Stumpf called her “a standard-bearer of our culture, a champion for our customers, and a role model for responsible, principled and inclusive leadership”.
    -
    TRANSLATION: SHE DID WHAT WE TOLD HER TO.

  • Ace

    i'm still befuddled with this format.. so i'm missing replies left and rifght... bare with me.. i feel like i'm learning a new langauge..

  • Str8tUpMenace

    But they'll put an entire family in jail because of one member selling drugs.

  • <—Doesn'tTalkToStrangers

    :chase:

  • MissHarlem

    You're excused. Took me a minute too lol

  • <—Doesn'tTalkToStrangers

    ??

  • <—Doesn'tTalkToStrangers

    Folks need to know what they sign???

  • MookieFly

    Or what aparrently happend as well is that they will "deny" you for a credit card or something but actually you were approved and used that info to open an account up, never telling the customer

  • Lisa daniels

    I have them too but I have tell them bye for now.

  • OrchidJones-VidaLocaVirgo

    Hey Sandra, I am sad i didn't get credit on sending you the story from the break.......but............
    its ok though, but here's a story.
    Anyone hear about the feds investigating The Rainbow Shop and Cititrends for accepting EBT cards? Signs in the widow and everythang!

    Hey everyone!

  • OkWhatevah

    Riiight.

  • Renee26

    Wells Fargo CEO John Stumpf called her “a standard-bearer of our culture, a champion for our customers, and a role model for responsible, principled and inclusive leadership”.
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
    What I read was...they put her up to it to increase profits and applaud her for doing so

  • the guest

    How come they don't call her a thug, gangster, super predator, and her whole unit wolf packs! She's a straight up low down dirty filthy thief but gets a pass because she's white. Wells Fargo was fined, but she doesn't have to personally pay any restitution. This is insane. Boycott Wells Fargo.

  • Str8tUpMenace

    You is a lie!!!!!!!!!!! *dead*

  • OrchidJones-VidaLocaVirgo

    Chile, I wish... craziness... pure dee Ghetto.

  • the guest

    It's historical fact that whites have always used crime as a path to wealth. From slavemasters to land stealers to prohibition alcohol dealers to Enron and anything and everything else criminal, society permits whites to use crime to get rich.

  • http://www.sandrarose.com Django the God

    box

  • OrchidJones-VidaLocaVirgo
  • Kanyade
  • OrchidJones-VidaLocaVirgo

    please see page 2 for the full story

  • the guest

    They are crooks. Tried them for some time, their fees are astronomical without logic and essentially illegal. They try anything and everything except for locking you inside the branch to get you from closing the account. Wells Fargo needs to be exposed.

  • the guest

    But they let Bonnie rip off 1.5 million customers and keep her bonus but couldn't cash your check that's drawn on their bank! Thank goodness Wells Fargo is being exposed.

  • Kanyade

    https://i.ytimg.com/vi/3g-xBV12LXE/hqdefault.jpg?custom=true&w=320&h=180&stc=true&jpg444=true&jpgq=90&sp=68&sigh=MkVzql6_jOfZAB6YyeYcZ8uYkkg
    And Sallie Mae lives on... chasing folks for student loans.
    My first try to post a pic was turrible, so here goes again.

  • OrchidJones-VidaLocaVirgo

    FINRA aint a game man! They gon get cha, sooner or later. This is my expertise!

  • <—Doesn'tTalkToStrangers

    :duel:

  • the guest

    SPEAK!!!!!!!!!!!!!!!

  • http://www.sandrarose.com Django the God

    Haha

  • the guest

    They don't use banks.

  • Lisa daniels

    I dont know anyone who likes them.

  • MzFutureLCSW

    LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • SameoleJ

    We just won against a mortgage company for my grandparents house. They approached my grandmother with a reverse mortgage loan..........so that when she died they could get the property. Um, how you doing a reverse mortgage (not a refinance or equity loan) on a house that hasn't had a mortgage since 1966? They go around to this areas that are listed for "regentrification" and buy the properties low and sell them high and scam the elderly people who don't know better.

  • http://www.sandrarose.com Django the God

    Now you gone grow some indo.

  • http://www.sandrarose.com Django the God

    I wasn't really "getting" your font at first, up until like a few weeks ago.
    Then a lot of what you were saying was resonating.

  • SameoleJ

    NO!!! Although I think my grandfather used to in the yard...I know he had his corn liquor station in the basement. CTHU

  • <—Doesn'tTalkToStrangers

    Don't be flirting wit me ???

    Hmmm but ?Watt EYE sed?! ??

  • http://www.sandrarose.com Django the God
  • http://batman-news.com Roderick2011

    If that's a current pic I hope she uses some of that money on a makeover cause she looks unfortunate.

  • Tlowe89

    Isn't this considered embezzlement. Like I understand wells Fargo bring sued for charging customers heinous fees, but creating fake bake accounts for your own benefit is considered embezzlement...right?. Smh. She and along with anyone involved should be brought up on federal charges.

  • Fatty4387

    I'm not understanding y she didn't get fired too I mean she made them do it so why her white ass get to stay

  • http://www.sandrarose.com Django the God

    LMAO, don't do that to me.

  • side_i

    Wow must be nice to be a white woman.

  • http://batman-news.com Roderick2011

    Because she didn't use 'violence' to get the money-she 'embezzled' or 'schemed'.

    It's hilarious how the media will spin crimes of white folks and will use words like 'ingenious' or 'smart' to describe white hackers or thieves like this wrench.

    The thing is that people of color are never in positions of power where we can 'embezzle' and even if we are white folks watch us overtime

  • http://batman-news.com Roderick2011

    Preach!!!

  • hottlanta

    Yep she gets this money while Leroy in the mailroom get's fired because he sent a package to the wrong floor by mistake. He files for unemployment for $303.00 a week and he was denied. It is a difference between black people losing a job and white people losing a job. She will be on a new job next week while Leroy stays out of work for a year.

  • Loyal Lifestyle

    But that's why they're always painting blacks out to be liars and thieves. Anything to deflect from their constant criminal acts. If she was black, she would be looking at doing federal time right now.

  • http://sandrarose.com SandraRose

    Yes, BofA does this too.

    When I opened a business checking account years ago I noticed a credit card appeared in my business profile. I called BofA to inquire about it. I told them I didn't apply for that particular business credit card. I had another card for my business. But they insisted that the credit card was only there in case I needed it for my business.

    So that card remained at 0 balance for years. I never used it. Then one day last year, the card disappeared from my accounts list.

    While in the bank one day, I casually inquired about the credit card. The banker insisted that particular credit card was never on my account. The banker even pulled up my profile on her computer to prove to me that card was not on my account.

    It seems they target minorities and the elderly for this type of fraud. They add cards to our accounts and charge annual fees.

  • SandrasNewFave

    AAAAAAAA ha ha ha ha!

  • Loyal Lifestyle

    Petty lol??

  • http://sandrarose.com SandraRose

    The $125 million is hush money to pay for her silence. She knows too much about the bank's illegal activities.

  • Jones

    She is white. The end.

  • http://sandrarose.com SandraRose

    They created the accounts to enrich the bank. The bank pressured them to do it. The employees got a small percentage of the fees they collected.

  • askquestions

    White people are awarded for bad behavior. Why do we think so much goes under the rug ... it's their nature to be deviant.

  • http://sandrarose.com SandraRose

    She knows too much.

  • Loyal Lifestyle

    I hate chew for making me scroll all the way back up, just to look at her neck? but Dåmn ????

  • http://sandrarose.com SandraRose

    What story from the break?

  • LuLu

    Why did I think this was Reese Witherspoon?

  • http://sandrarose.com SandraRose

    She wasn't fired. She is allowed to "retire" at 55.

  • http://batman-news.com Roderick2011

    You don't think one of the 5300 former employees has the same evidence?

  • Howard Alum ?

    It all depends on their security clearance.

  • NegroDamus

    Thats why I took my money out last years this time. They ruined Wachovia

  • http://sandrarose.com SandraRose

    The fees weren't bogus. The bank charged annual fees on the fake accounts of real customers. The customers didn't know about the fees because the bank didn't send any statements to the holders of the fake accounts.

  • BLACK *I*C*E*

    LMAO!!! Damn It you right. LOL!!

  • SameoleJ

    Has a full floor plan of where all the bodies are buried and how long they have been there.

  • BLACK *I*C*E*

    Bernie Sanders

  • http://sandrarose.com SandraRose

    The accounts were fake. The customers weren't aware of the accounts. The bank was simply taking the annual fees and not sending any statements for it. I had a credit card with BofA that I didn't apply for. I never saw any fees charged to that card. That doesn't mean they weren't taking the annual fee.

  • Luv Pitties

    That's the blueprint for us in their SOP?

  • http://sandrarose.com SandraRose

    This is it in a nutshell. They target minorities and the elderly because we don't analyze our monthly statements.

  • Full Monty

    LOL that neck is a mess! Now you know a penis could fit right in the middle of that!

  • http://sandrarose.com SandraRose

    I would notice it immediately. I log into online banking once a week. But I admit I don't analyze my statements.

  • http://sandrarose.com SandraRose

    I felt my neck when I saw that picture yesterday. ?

  • SameoleJ

    Stop trying to get me on the "gateway drug"!!! LMBO

  • http://sandrarose.com SandraRose

    I took back my up vote because I thought you were serious.

  • MISSMEWITDATBULL

    ^^

  • http://sandrarose.com SandraRose

    She resembles Jodie Foster to me.

  • Full Monty

    LMAO! That neck looks like it been through hell!

  • QweenOfThorns

    Folks get welfare payments on EBT not just foodstamps. So if they accept EBT for clothing items with welfare money...is that really illegal? I have seen the sign at cititrends though.

  • Low E. TUH!

    THIS IS CUTE!

  • Alisa

    She might have some type of "situation" happen to her that voids her from ever receiving the money. I'm sure she will never feel truly safe again. When you know the secrets and knowledge of who what when & where I don't ever see her or her family living w/o looking over their shoulder. Mark my word she better not make the powers that be nervous

  • Yoni

    GOT IT! NOW it makes sense. I understood the whole part about making fake accounts. But what confused me was where was the money coming from?

  • Look@m3

    Why we not rioting about this ish! I need to move my coins...and make sure I don't have a credit card. But I guess we too busy worrying a bout what ROb and Black baby gone look like and what North got on and what Ye got to say.

  • http://disqus.com/ yoliewinecorporation

    Crooked b!tch! She gets to keep 125 million. But the dumb mofos that did under hand sh!t for her. Walks away Broke. White folks been doing crooked underhand sh!t for years. Smdh

  • Look@m3

    and getting away with it. Hence the reason black men cant walk the streets freely..

  • Butter

    Its only going to get WORSE!! White Supremacy is a Religion and they are down for each other. They in charge of everything, Wells Fargo share holders and head Boss is most likely her family.. Uncles, Aunts, Cousins! Trust me that's how they do it

  • Loyal Lifestyle

    I'm sure many p?nises have already succeeded fitting in the middle of her neck.

  • starbright9449

    Wouldn't a professional hitman be cheaper, you know the kind you pay two million to-to make it look like an accident without any evidence left behind? That seems cheaper than $125 million.

  • Fendi aka Erin Blockabitch

    This is why you get a branch manager who goes on the back end and removes the fees from your accounts for the life of your accounts. ?? Favor is real.

  • Blue

    If Carrie was black...

  • Blue

    If Carrie was black...

  • SandrasNewFave

    That's cool. My screenname is accurate. You love me!

  • http://www.instagram.com/syncereb Bahari Iyalode

    Like the teachers that helped their students and got 25yrs

  • Alicia.Ashe

    I've seen it here at a rainbow.

  • the guest

    Exactly, DEFLECT AND DISTRACT.

  • the guest

    The Kennedys were prohibition bootlegger speak easy rich but that didn't stop them from getting in the white house.

  • Alicia.Ashe

    Ctfu!!!!! Get, gone on now.

  • the guest

    The employees were her sheep and she threw them under the bus. They did her bidding under the guise of "following bank policies" she created to suit her scheme. She gets out with hundreds of millions and they are left unemployed and broke. Had they come at her with a criminal investigation she would have scapegoated the employees. This woman is a ponzi scheme thug.

  • BlahBlahBlah

    Whyt privy bs.

  • Araminta Glissade Chaines

    Wow. I have a biz acct with Bank of America. I better start paying closer attn

  • Rayscoty

    Can't knock her hustle !! I would like a course in Greed

  • Araminta Glissade Chaines

    Glad y'all did it. Ole grimy pigs.

  • morenYAHdelsur

    White privilege must be awesome.

  • morenYAHdelsur

    Her black @ss would be under the jail LOL.

  • Strappyheels

    Bootlegging transformed into Indy 500!!

  • ThaRealist StudioGangster

    Well its proven time and time again that some get away and some don't. Only thing us AA can do is Hustle Hard the legal way,stay away from trouble and, walk the stright and narrow path.

  • Stacey J

    She gets to retire to millions but the folks who actually were under the pressure to hit those targets get fired, face criminal charges and now have records that will make it harder to get another job....ain't that something.

  • Queen B

    Lol white ppl ain't about that life they'll rather pay ransom and hush money

  • BLOODBLOOD

    Hahahahaha well I know that pissed a couple people off

  • Queen B

    I get that but where are the federal charges at? No one held her n gas chambers....she had a choice

  • Queen B

    Lmao ??

  • Queen B

    Lol naw but fr fr them mf'ers are scame artists too

  • Lorenzo Chaps

    boy what is it like to be white?

  • Moon Lee

    Wow!

  • Ant Hill

    The Hillary Clinton/LESBO/feminist socialist/gay white men/simp effect, white women and most women are entitled to do what they want with no repercussion.

  • Ant Hill

    a woman period, they pretty much get to do whatever they want and no one is to check them about it.

  • Brazen Beauty

    I agree with SR it is hush money. How many other financial institutions are doing the same thing.? What I find most alarming is the praise she received from J. Stumpf. This country has been under the management, of white people who have done nothing but destroyed every possible sector known to God: politically, financially, education system, real estate, housing, law enforcement, healthcare,entertainment,and transportation.The media' use of constant propaganda to corrupt the minds of the world about the inadequacies of Black Americans, But I soon realized that all this corruption, and thievery are ploys to take the focus off of their constant schemes, and place the focus on every other race of people by supplying guns, and drugs to inner city minorities while they sit back and watch/wait for us to destroy ourselves and each other because of the stress of not having education, jobs, money, and decent housing for their families. Black Americans are a race of people with strength, courage, and the fortitude to wait and watch as God reveals all things that are done in the dark. All hidden agendas shall be unfold.

  • Yoni

    Oh the bitch would get a "big pay back" alright.

  • JC

    please do not lump all white ppl into one category, as you do not want anyone doing that to you, right?

  • JC

    So awesome you told her that! Good job :-)

  • T3

    Sooooooo no charges???

  • SpiceGirl

    with THAT kind of money....you can just...go away......POOF!

  • kekeb

    Meanwhile, some black lady somewhere just got fired for stealing post-it notes. . .

  • Queen B

    Actually I do, plenty....this is a convo u def don't want with me so lets move right along honey ??

  • JC

    No class at all I see.

  • Queen B

    Bîtch bye ?????? this post has nothing to do with class....u just wanted to say that ?

  • JC

    Normally queens are very intelligent......not the case with this B, however. Your ignorance is in full view.

  • Blue

    lmbo. Thank you!

  • Queen B

    Wrong...Queens refused to get bullied and we clap back whenever necessary

  • JC

    Quite frankly, you sound more like a Pauper, as you do not know the meaning of the words you use. Very nasty an unsophisticated language.. Poof............you are banned to the dungeon Pauper!