Wells Fargo is once again apologizing to customers after it recently uncovered up to 1.4 million more fake bank accounts that it opened in customers' names without telling them. The financial institution, which has been contending with the fallout of this scandal for more than a year, says its full tally of potentially fake accounts now stands at a whopping 3.5 million.
The bank has also increased its estimate of the number of customers who were slapped with unnecessary fees over these accounts from 130,000 to 190,000. Last fall, Wells Fargo CEO and chairman John Stumpf resigned in the wake of the scandal following weeks of pressure from federal legislators and others to step down. The company was also fined a record-setting $185 million by federal regulators.