FINRA expelled a former Wells Fargo registered rep from the industry on March 30 for allegedly stealing funds from a bank customer account.
Jorge Jose Gonzalez, a branch manager for Wells Fargo in Hackensack, N.J., directed a subordinate to open a bank account for a purported customer who was not physically present at the time, an act that violated bank policy, FINRA claims. He supposedly instructed the employee to record in the bank's computer system that she had met the customer, when in fact she had neither met the customer nor observed Gonzalez meeting him.
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