Wells Fargo really is rotten to the core. The other banks at least make cursory ... | Hacker News

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		suzzer99 on March 21, 2024 \| parent \| context \| favorite \| on: What is a pig butchering scam? (2023) Wells Fargo really is rotten to the core. The other banks at least make cursory efforts to prevent this stuff.

kurthr on March 21, 2024 [–]

The only saving grace was that they ended up on the hook for the cash advance.

suzzer99 on March 22, 2024 | [–]

I'm sure they weighed the costs and decided it was more profitable to make zero effort to stop fraud. Never mind the moral hazard.

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