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Wells Fargo Says Workers Tried to Access Covid Aid Funds – The New York Times


Credit…Sam Hodgson for The New York Times

Wells Fargo has found evidence that some employees filed fraudulent applications to get money from a Small Business Administration relief program supporting companies dealing with coronavirus lockdowns, according to an internal memo.

“We have terminated the employment of those individuals and will cooperate fully with law enforcement,” the bank’s head of human resources, David Galloreese, wrote in the memo, which was posted on an internal website on Wednesday. “These wrongful actions were personal actions and do not involve our customers.”

The memo said the employees had
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