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Wall Street fraudster gets 4 years

Money On Hook

Former Wall Street executive Andrew Caspersen was sentenced on Friday to four years in prison for engaging in what prosecutors say was a Ponzi-like scheme to defraud investors including family members and friends out of $38.5 million.

Lawmakers focus in on fired Wells Fargo employees

Wells Fargo Building

In Elizabeth Warren’s latest attack on Wells Fargo, she and U.S. Senate colleagues are questioning whether the bank filed misleading disclosures on terminated employees, and if it did so as retaliation for complaints about its aggressive sales tactics.