Wells Fargo mistakenly foreclosed on a home that had no mortgage, sending in a crew to steal all and throw out all the elderly homeowners' belongings. Alvin Tjosaas helped his father build the family home in Twentynine Palms, CA when he was a teenager, and the couple raised their own children there. The Wells Fargo crew destroyed their entire lives' accumulation of personal possessions. Wells Fargo says it is "deeply sorry" and that it is "moving quickly to reach out to the family to resolve this unfortunate situation in an attempt to right this wrong."
More from CBSLA:
Alvin, a retired mason, built the home with his father when he was a teenager.
“I know every inch, every rock…my mom mixed all the cement by hand,” he said...
“My little kids (would) come out here and their dresses were the same color as the wildflowers,” said Alvin...
“When you put your heart into something…it makes me real sad. I’m just glad I have my sweetheart. We’ve been together a long time,” said Alvin.
Owners Lose Possessions After Home Near Twentynine Palms Is Mistakenly Foreclosed
For decades, Wells Fargo pressured its employees to commit millions of acts of fraud against its customers, using threats and blackballing to terrorize low-level employees.
Former CEO John Stumpf (a major villain in the subprime scandal) previously lost $41m out of the $200m he made overseeing a multi-year fraud that stole from 2,000,000 of the bank’s customers — now he will have to repay another $28m.
Kaspersky Labs reports that an unnamed large Brazilian financial institution with $27B in assets was compromised by hackers who took over its DNS — by hijacking its NIC.br account — and for 5 hours were able to impersonate the bank to all its online customers (and possibly to control its ATMs) in order to plunder […]
Even the most expensive pair of hi-fi headphones can’t match the feeling of bass rumbling through your body at a live show. That’s why music aficionados designed The Basslet, an accessory that reproduces that sensation from your wrist. Does it make your whole body shake with deep subs? Not really, because that would be terrifying, but […]
They probably just sleep a lot. But still, you can remotely keep an eye on them when you’re at work and missing them deeply with this HD monitor from Kodak.If you have a new puppy that destroys everything in sight, or you just want to be a little more security-conscious, this WiFi camera is a […]
Thinking of a business idea is the easy part. Doesn’t even have to be a “good” idea, you can still get people to throw money at a non-existent venture, but to do that you need to at least have something even resembling a viable business plan. Why doesn’t anyone do it then? Because building that semi-viable […]