The Navajo Nation has sued Wells Fargo bank for predatory lending practices in federal court. The tribe alleged that Wells Fargo -- the only national bank that services its territory -- preyed on people by opening unauthorized bank accounts and debit cards, and by pressuring people, particularly the elderly, to enroll in services they did not need. "Under intense pressure from superiors to grow sales figures, Wells Fargo employees lied to Navajo consumers, telling elderly Navajo citizens who … [Read more...]