Violation Tracker Individual Record

Company: 
Wells Fargo Financial Bank
Current Parent Company: 
Wells Fargo
Penalty: 
$33,500
Year: 
2003
Date: 
February 11, 2003
Primary Offense: 
consumer protection violation
Violation Description: 

The New York Attorney General reached an agreement with ten banks to stop allowing their credit cards to be used for online gambling. The banks also agreed to pay a total of $335,000. The announcement did not specify how that amount would be divided among the banks. Here we assume it was split evenly among them.

Level of Government: 
state
Action Type: 
agency action
Agency: 
New York Attorney General
Civil or Criminal Case: 
civil
Private Lawsuit Resolution Type: 
settlement
Facility State: 
New York
HQ Country of Parent: 
USA
HQ State of Parent: 
California
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.