| Similar to my own thoughts on the issue. It's a lot like the credit card issuing banks. Two notable big names, Wells Fargo and Bank of America both "illegally used or obtained consumers’ credit reports, and then applied for and enrolled consumers in credit card accounts without consumers’ knowledge or authorization." [1][2] Banks had each employee need to sell 50 credit cards a month. Employees sold 50 a month. Banks needed "line goes up" for every quarter. Banks had each employee sell 100 a month. Employee's tried to sell 100 a month. Banks needed "line goes up." Eventually market was saturated, yet banks said sell 1000 credit cards a month. Employees replied, "we cannot, market is saturated." Bank said "sell 1000 a month." Employee's responded with "make shit up, open accounts without consumers knowledge." Fraud. [1] (Wells Fargo, millions of accounts, $3B civil settlement, $3.7B CFPB judgement, 2020), https://www.justice.gov/opa/pr/wells-fargo-agrees-pay-3-bill..., https://www.forbes.com/sites/anafaguy/2023/07/11/bank-of-ame... [2] (Bank of America, unspecified # of accounts, 2023) https://www.consumerfinance.gov/about-us/newsroom/bank-of-am... |