Wells Fargo fires more than a dozen employees for faking work: report

The terminated Wells Fargo workers were busted over allegations involving 'simulation of keyboard activity'

Wells Fargo reportedly handed more than a dozen employees pink slips last month after an investigation found they were faking work.

Bloomberg first reported Thursday that, according to the bank's disclosures to the Financial Industry Regulatory Authority, the workers — all from the firm's wealth and investment management unit — were "discharged after review of allegations involving simulation of keyboard activity creating impression of active work."

Wells Fargo bank NYC New York City

A Wells Fargo Bank branch in New York City on March 17, 2020. (Reuters/Jeenah Moon / Reuters Photos)

"Wells Fargo holds employees to the highest standards and does not tolerate unethical behavior," a spokesperson told FOX Business when reached for comment.

REPUBLICAN AGS DEMAND WELLS FARGO ANSWER FOR ABRUPTLY CLOSING GUN DEALER'S ACCOUNT, OTHER WOKE POLICIES

It wasn't clear from the regulatory disclosures if the employees were fired for allegedly faking active work from home, the report added.

Ticker Security Last Change Change %
WFC WELLS FARGO & CO. 65.33 -0.30 -0.46%

Wells Fargo & Co.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Wells Fargo in early 2022 asked most of its employees, including those in customer-facing roles, to return to the office and work under a hybrid flexible model.

Reuters contributed to this report.