Last week, Wells Fargo announced it would reimburse 80 million to 570,000 people who may have been unfairly charged high auto collateral protection insuranceand. In App Purchase Download Error. Lowe Bros. is raising funds for Indie Pogo on Kickstarter The indie crossoverfighting game youve been waiting forRegulators Are Going After Wells Fargo For An Auto Insurance Scandal Impacting 5. Consumers. Last week, Wells Fargo announced it would reimburse 8. Expectedly, given the egregious conduct at hand, regulators are trying to figure out what happened. Two New York regulators sent subpoenas related to practices in the auto lending unit of Wells Fargo Read more Read. The New York attorney general and New Yorks Department of Financial Services dug in their heels and issued subpoenas to the bank over practices in its auto lending unit, Bloomberg reports. How To Install Wii Mod Batch. Eric Schneiderman, the AG, is focusing on the unnecessary sale of collateral protection insurance, Bloomberg says. The financial services departments aim is unclear. The decision to repay as much as 8. HTB1clwwLpXXXXXvXVXXq6xXFXXXX/High-power-granule-auto-loader-300-kg.jpg' alt='Auto Loader Pogo' title='Auto Loader Pogo' />Bloomberg The San Francisco based bank last week said it may have pushed thousands of car buyers into loan defaults and repossessions by charging them for unwanted insurance. The bank said an internal review of its auto lending found more than 5. Install Windows 8 On Eee Pc 701 there. The firm said it may pay as much as 8. Customers promptly filed suit once the scandal emerged. One proposed class action suit accused the bank of racketeering violations and fraud after Wells admitted to charging several hundred thousand borrowers for auto insurance they did not ask for or need, causing many delinquencies, CNBC reported. Wells Fargo has long lost the right to decide what is best for its customers, Roland Tellis, a lawyer for the plaintiffs, told CNBC. The scandal spurred a familiar foe of Wall Street to speak out, too, on Wednesday Schneidermans office and Wells Fargo didnt immediately respond to requests for comment. If you know anything about Wells Fargo and its auto insurance scandal, or have a story to share of your own, reach out at ryan. Bootdisk history.