Wells Fargo fired a bunch of employees accused of pretending to work, by using some tech to fake their keyboard typing, instead of doing their actual jobs, it emerged today.
The California-based enormo-bank disclosed the terminations to the US Financial Industry Regulatory Authority on May 6, saying the employees were “discharged after review of allegations involving simulation of keyboard activity creating impression of active work.”
According to Bloomberg on Thursday, at least a dozen employees at Wells Fargo’s wealth and investment management units got the boot after being probed.
However, there are few details surrounding the exact circumstances of the firings, such as whether the employees worked from home or in the office, and the methods that were used to fake the alleged keyboard activity.
In official documents filed by Wells Fargo, and reviewed by The Register, at least one of the axed employees worked at Wells Fargo Advisors and Clearing Services until early May, and had passed his securities exams just two years prior. He was accused of simulating keyboard typing to fool bosses into thinking he was working.
https://www.theregister.com/2024/06/13/wells_fargo_fires_employees/