Washington Post

Wells Fargo finds an additional 1.4 million fake accounts

Foto: Ben Margot/AP

Wells Fargo on Thursday announced that it had potentially opened an additional 1.4 million sham accounts customers didn't want, 67 percent more than it initially estimated, escalating an already contentious battle over the future of the mega bank.

The revised total, 3.5 million, means that Wells Fargo employees have been opening unauthorized credit card and bank accounts for customers for far longer than the bank initially acknowledged. The eye-popping figure will hamper the banks' efforts to move beyond the nearly year-long scandal as lawmakers and regulators delve deeper into its inner workings and demand changes...

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