- A former Wells Fargo exec agreed to plead guilty to charges she obstructed a bank examination.
- Carrie Tolstedt, who led the bank's retail division, will pay a $17M fine and faces prison time.
- She is the first exec to be criminally charged in the bank's scandal involving unauthorized accounts.
A former Wells Fargo executive is facing prison time for her role in the bank's decade-long scandal that involved opening millions of unauthorized customer accounts.