Which action was a key element in the Wells Fargo fraud case?
A)Inflating assets by falsely overstating cash held in customers' accounts.
B)Creating fake customer accounts to boost employees' bonuses.
C)Employee theft from customers' accounts.
D)Top management's recording of fictitious fees to increase reported revenues.

Question

Quizplus · Accepted Answer

Creating fake customer accounts to boost employees' bonuses was a key element in the Wells Fargo fraud case as thousands of employees created fake accounts and manipulated real accounts to meet sales goals and earn bonuses.

Which Action Was a Key Element in the Wells Fargo