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OCC settles with ex-Wells Fargo internal auditors for $150,000

Office of the Comptroller of Currency sign and logo in downtown
Photo: Ablokhin/Getty Images

Alexander Barzacanos

1 min read
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The settlement is a fraction of the seven-figure penalties the OCC originally sought.

The Office of the Comptroller of the Currency (OCC) has announced settlements with Wells Fargo’s former Chief Auditor, David Julian, and Executive Audit Director, Paul McLinko, over charges that they failed to detect, document, and escalate the bank’s unethical and illegal sales practices.

McLinko was also accused of

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