“I mean, you need an opening deposit from somewhere, no?”
i think WF made unauthorized transfers from existing customer accounts to open these new, fraudulent accounts.
Thanks; I understand that. In that case, how would the victims not notice it? It would be one thing to open up a bunch of no-fee accounts for customers with a nominal opening deposit of $.01; it is quite a different matter to open these accounts that DEMAND deposits to cover the fees charged (which were the purpose for opening them to begin with).