Wells Fargo bank, based in San Francisco, California, has agreed to pay the Navajo Nation $6.5 million for its alleged predatory business tactics. The bank was accused of targeting vulnerable members of the Navajo community, including elderly people who did not speak fluent English, with predatory banking practices.
The Navajo Nation is the largest government recognized Native American indigenous community with over 350,000 members and a territory that encompasses lands in Arizona, New Mexico and Utah. It has an elected government and its own judicial system. Read More