If found guilty, Wells Fargo will have to pay hundreds of millions back to the federal government. However, prosecutors must be able to prove without a shadow of a doubt that Wells Fargo intended to defraud the government and this may prove tricky.
Margot Somerville did everything right . . . but she was still a victim.
Somerville was arrested and taken from her Walnut Creek home in hand cuffs this past year. She was charged with 19 felonies, including felony identity theft on a no-bail warrant out of Colorado. Someone had stolen over $60,000 and police in Colorado believed Somerville was part of the scam.