By Nick Gale, WLS-AM News
(SPRINGFIELD) Illinois is joining another state that is pulling investments from Wells Fargo.
Illinois State Treasurer Michael Frerichs will formally announce the move Monday. Under the plan, Illinois would suspend billions of dollars in investment activity.
Wells Fargo has been under fire after the bank admitted to secretly opening over two million unauthorized accounts. The accounts, opened without the knowledge of customers, were opened up to meet sales quotas.
Earlier this week, California announced it was suspending its ties with the bank.
@ 2016 WLS-AM News
