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September 7, 2012
18:48 • 9 months ago
How the theft of a single dime cost this dude his job with Wells Fargo
Um, this is just insane. On Feb. 2, 1963, Richard Eggers tried to put a piece of cardboard in the shape of a dime into a washer at a laundromat. He got convicted of “operating a coin changing machine by false means,” which sounds like the silliest thing in the world to get charged with, right? Yeah, it was pretty dumb. Recently, Eggers lost his job with Wells Fargo. Why? Well, the company, in an effort to follow new federal guidelines designed to stop white-collar criminals, did a background check on Eggers. They found the dime story, classified it as fraud — and fired him. Wells Fargo says they had to do it, because they were facing million-dollar-per-day fines for noncompliance. Anyone think they were just looking for an excuse to fire this guy? (photo by Andrea Melendez/The Des Moines Register; ht LoweringTheBar)

How the theft of a single dime cost this dude his job with Wells Fargo

Um, this is just insane. On Feb. 2, 1963, Richard Eggers tried to put a piece of cardboard in the shape of a dime into a washer at a laundromat. He got convicted of “operating a coin changing machine by false means,” which sounds like the silliest thing in the world to get charged with, right? Yeah, it was pretty dumb. Recently, Eggers lost his job with Wells Fargo. Why? Well, the company, in an effort to follow new federal guidelines designed to stop white-collar criminals, did a background check on Eggers. They found the dime story, classified it as fraud — and fired him. Wells Fargo says they had to do it, because they were facing million-dollar-per-day fines for noncompliance. Anyone think they were just looking for an excuse to fire this guy? (photo by Andrea Melendez/The Des Moines Register; ht LoweringTheBar)

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94 notes from really cool Tumblrs like ours:

  1. wevegotadiemtocarpe reblogged this from moneyisnotimportant and added:
    The world we live in is getting more ridiculous every day.
  2. pod313 reblogged this from shortformblog
  3. waterman12053 reblogged this from shortformblog
  4. twominutespastfive reblogged this from moneyisnotimportant
  5. jpk3 reblogged this from shortformblog and added:
    Geez.
  6. rodriguezcapitaledutainment reblogged this from shortformblog
  7. well-this-sure-is-awkward reblogged this from moneyisnotimportant
  8. nickvenezia reblogged this from moneyisnotimportant
  9. theresjustnothing reblogged this from moneyisnotimportant
  10. sirderpalot reblogged this from moneyisnotimportant and added:
    I have no words to explain how stupid you people are. Crime=crime, the guy tried to scam a WASHING MACHINE with fake...
  11. the-hollow-self reblogged this from shortformblog and added:
    First thing I thought was the fact that there should be a statute of limitations on a crime like that, especially since...
  12. ziatroyano reblogged this from shortformblog
  13. ponchochik reblogged this from shortformblog
  14. magnificent--desolation reblogged this from shortformblog and added:
    What. The. Fudge.
  15. harmoniouslyintune reblogged this from whispersinthestarrydark
  16. biiillypuntoveeeeee reblogged this from moneyisnotimportant and added:
    FUCKING RIDICULOUS
  17. minigigi reblogged this from moneyisnotimportant
  18. thejokell said: Wells Fargo was forced to do this due to new federal regulations. But the story sounds better if you can blame the evil bank, and not the real root of the problem.
  19. getyourheadfixed reblogged this from azelie
  20. sammyship reblogged this from moneyisnotimportant
  21. azelie reblogged this from moneyisnotimportant
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