Wells Fargo admits it ripped off its customers, creates low-response-rate opt-in system for its victims to get paid back
by Cory Doctorow from on (#3FZXH)
Wells Fargo has admitted wrongdoing in defrauding 110,000 mortgage borrowers, and to make good on it, they're sending out letters that look like junk-mail, containing a form that customers have to fill in to confirm that they want their stolen money back; if Wells doesn't get a reply, it will assume that those customers are donating their settlements back to the bank's shareholders. (more")