Wells Fargo's fraudulent accounts under investigation by Iowa attorney general

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Wells Fargo’s fraudulent accounts under investigation by Iowa attorney general

Wells Fargo’s fraudulent accounts under investigation by Iowa attorney general

Demoines Registry-

Iowa Attorney General Tom Miller’s office is investigating whether Wells Fargo harmed Iowa consumers through the fraudulent accounts scandal that has rocked the banking giant.

Assistant Attorney General Patrick Madigan said the Iowa office has been a part of a multistate investigation since late last year, but he could not comment on any potential findings.

“We’ve been involved from the beginning,” Madigan told The Des Moines Register. “And we are one of the leadership states in that effort. That’s all I can tell you.”

The office has made no official announcement of its role in the inquiry, Madigan said, but it hasn’t kept it under wraps either.

[DEMOINES REGISTRY]

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