An anonymous reader quotes the Bay Area Newsgroup: Wells Fargo may have opened as many as 3.5 million bogus bank accounts without its customers’ permission, attorneys for customers suing the bank have alleged in a court filing, suggesting the bank may have created far more fake accounts than previously indicated. The plaintiffs’ new estimate of bogus bank accounts is about 1.4 million, or 67%, higher than the original estimate — disclosed last year as part of a settlement with regulators — that up to 2.1 million accounts were opened without customers’ permission… The attorneys covered a period from 2002 to 2017, rather than the previously scrutinized five-year stretch from 2011 to some time in 2016 in which the bank acknowledged setting up unauthorized accounts. Wells Fargo terminated 5, 300 employees for creating fake accounts, and their CEO now acknowledges that “we had an incentive program and a high-pressure sales culture within our community bank that drove behavior that many times was inappropriate and inconsistent with our values.” In a possibly-related story, Wells Fargo plans to shut 450 branches over the next two years. Read more of this story at Slashdot.
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Up To 1.4M More Fake Wells Fargo Accounts Possible
Billions of robocalls came from two groups selling extended auto warranties, SEO services, and home security systems over the last seven years — many to numbers on the “Do Not Call” list — but this week the Federal Trade Commission took action. Trailrunner7 shares this report from OnTheWire: Continuing its campaign against phone fraud operations, the FTC has dismantled two major robocall organizations… They and many of their co-defendants have agreed to court-ordered bans on robocall activities and financial settlements… The FTC and the FCC both have been cracking down on illegal robocall operations recently. The FCC has formed a robocall strike force with the help of carriers and also has signed an agreement to cooperate with Canadian authorities to address the problem. “The law is clear about robocalls, ” says one FTC executive. “If a telemarketer doesn’t have consumers’ written permission, it’s illegal to make these calls.” Read more of this story at Slashdot. 
A web site where users anonymously review their employer has exposed the e-mail addresses — and in some cases the names — of hundreds of thousands of users. An anonymous reader quotes an article from Silicon Beat: On Friday, the company sent out an email announcing that it had changed its terms of service. Instead of blindly copying email recipients on the message, the company pasted their addresses in the clear. Each message recipient was able to see the email addresses of 999 other Glassdoor users… Ultimately, the messages exposed the addresses of more than 2 percent of the company’s users… Last month, the company said it had some 30 million monthly active users, meaning that more than 600, 000 were affected by the exposure… Although the company didnâ(TM)t directly disclose the names of its users, many of their names could be intuited from their email addresses. Some appeared to be in the format of “first name.last name” or “first initial plus last name.” A Glassdoor spokesperson said “We are extremely sorry for this error. We take the privacy of our users very seriously and we know this is not what is expected of us. It certainly isn’t how we intend to operate.” Read more of this story at Slashdot. 