Wells Fargo Fires Fraternity Member Accused in 2024 Sexual Assault Case

Wells Fargo fires a Cornell fraternity member linked to a 2024 sexual assault case. Investigation reopens as DA considers charges.

Editorial Desk

September 30, 2026 One Min Read

POLICY WIRE — New York, United States — A former Cornell University fraternity member has been terminated from his position at Wells Fargo following allegations of involvement in a 2024 sexual assault case, according to reports.

Diego Sarabia, one of seven men named in a civil lawsuit, was let go from the bank in Charlotte, North Carolina, after Tompkins County District Attorney Matthew Van Houten announced the office is reviewing the possibility of criminal charges, sources told TMZ.

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Sarabia, a former Chi Phi member, had been employed by Wells Fargo since 2022. The incident, which occurred on campus, led to a civil suit filed by Jane Doe, who claims she was drugged and gang-raped during an event at the fraternity house. The case has raised concerns about how Cornell handled sexual assault allegations and prompted prosecutors to revisit their investigation.

The civil complaint details that Doe was intoxicated after being given a substance believed to be ketamine, leading to her incapacitation and subsequent sexual assault by multiple individuals. The lawsuit accuses the fraternity, its national organization, and Cornell University of failing to protect her. The university maintains it took the allegations seriously and followed proper procedures, including Title IX investigations and disciplinary actions.

Reporting by Policy-Wire (PW)

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