Disgraced former Wells Fargo executive Carrie L. Tolstedt has avoided prison time after pleading guilty for her role in the that roiled the bank in 2016.
Between 2002 and 2016, Wells Fargo employees opened some two million deposit and credit card accounts without the customers' approval or knowledge, in order to pump up key performance metrics, an investigation found.
At a hearing on Friday in , Tolstedt, 63, was sentenced to three years of probation, including six months of home confinement, by US District Judge Josephine Staton.
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