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Wells Fargo Cheated Seminole Trust Out Of $800M, Jury Hears

By Cara Salvatore ( February 12, 2025, 11:09 PM EST) -- Wells Fargo and its predecessor Wachovia cheated minors of the Seminole Tribe of Florida out of $818 million by secretly hiking fees and mismanaging investments in a multibillion-dollar gambling trust, a Florida jury heard Wednesday in opening statements for a multiweek trial in litigation involving more than 2,000 minors....

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