Wells Fargo Fires Employees Over Alleged Coronavirus Relief Fraud

The transcript discusses Wells Fargo employees allegedly lying to obtain coronavirus relief funds through the Economic Injury Disaster Loan program, potentially defrauding the US Small Business Administration. Wells Fargo's Human Resources Department issued a memo addressing this misconduct, and the company is currently investigating the situation.

What was the nature of the relief funds the employees were applying for?

What did Wells Fargo's Human Resources Department believe about the employees?

What program did the employees file applications through?

What could be the consequence of the employees' actions according to the text?

Who is investigating the situation mentioned in the text?