Wells Fargo fires more than a dozen employees for imitating keyboard activities

Wells Fargo mouse: : Wells Fargo mouse Wells Fargo (NYSE:WFC) fired more than a dozen employees in its wealth and investment management division in May after investigating allegations of workplace fraud, according to a media source.

According to Bloomberg News, the employees were “dismissed after learning of allegations regarding keyboard simulation that gave the impression of active work,” the company revealed in a notification submitted to the Financial Industry Regulatory Authority.

During the pandemic, the use of gadgets and software that simulate work activity, called “mouse movers” or “mouse movers”, has increased dramatically as working from home has become the norm. According to Bloomberg, the document does not specify whether the charges were brought against employees working remotely.
Wells Fargo (WFC) “does not tolerate unethical behavior,” according to a spokeswoman.

The bank has been working to improve its reputation since 2016, when it was revealed that employees were opening fake customer accounts to meet sales targets. Charlie Scharf was appointed CEO in 2019 to overhaul the company and address regulatory issues. In 2018, the Federal Reserve imposed a $1.95 trillion asset limit on the bank, which has not yet been lifted because authorities are not satisfied with Wells Fargo’s (WFC) progress in raising compliance standards.Wells Fargo mouse