A former Wells Fargo risk officer previously ordered to pay $10 million by the Department of the Treasury’s Office of the Comptroller of the Currency (OCC) for her alleged role in the bank’s “fake accounts” scandal is completely off the hook, according to an OCC consent order issued Tuesday.
Claudia Russ Anderson, a group risk officer who oversaw the bank’s disgraced sales team, was one of numerous former Wells Fargo executives and senior employees alleged by the OCC to be responsible for a years-long, firehose of fraud involving millions of customer accounts.
