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Bdfa Australia s Central Bank Calls For Switch From Visa, Mastercard To Cheaper EFTPOS
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Sen. Elizabeth Warren D-MA has reportedly sent a letter to KPMG, Wells Fargos auditor, questioning why the accounting firm did not catch the fake accounts that resulted in $185 million in fines for Wells Fargo. According to a report in New York Post, KPMG has green-lighted Wells Fargos public financial documents from 2011 to 2016, which are the five years the Consumer Financial Protection Bureau honed in on with its investigation of the fake accounts, said Sen. Warren in the letter. stanley termohrnek (https://www.stanleycups.cz) But none of KPMGs audits identified any concerns with illegal behavior that resulted in the creation of over 2 million unauthorized accounts by thousands of employees, the letter said. Other senators joining stanley termos (https://www.stanleycup.pl) Sen. Warren聽in the letter include Sens. Bernie Sanders D-VT , Mazie Hirono D-HI and Edward Markey D-MA , New York Post reported. We have received the letter and are currently reviewing it. We are confident in our work and look forward to responding, Manuel Goncalves, a KPMG spokesman, said in a statement, noted the report.In September,聽the Consumer Financial Protection Bureau announced Wells Fargo stanley shop (https://www.stanleycups.us) agreed to pay a $185 million fine and refund $5 million in fees that the bank wrongly charged customers. According to an investigation by the CFPB, Wells Fargo employees not only made fake deposit accounts but also submitted 565,443 unauthorized credit card account applications on behalf of unknowing customers. Its estimated that 14,000 of those accounts accrued $403,145 in fees. Through it