UPDATE 1-Wells Fargo admits deception in $1.2 bln U.S. mortgage accord

[ahlam1399]

UPDATE 1-Wells Fargo admits deception in $1.2 bln U.S. mortgage accord

UPDATE 1-Wells Fargo admits deception in .2 bln U.S. mortgage accord
April 8 (Reuters) - Wells Fargo & Co admitted todeceiving the U.S. government into insuring thousands of riskymortgages, as it formally reached a record .2 billionsettlement of a U.S. Department...

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