Wells Fargo Reveals Wider Abuses: Are You Owed Money?
Wells Fargo said Thursday it may have opened as many as 3.5 million unauthorized accounts, a sharp increase from the 2.1 million it previously announced as part of a $185 million settlement in September 2016. That could mean many more consumers are eligible for refunds and credits. The bank has agreed to pay out another $2.8 million, according to a Wells Fargo news release. This is in addition to more than $3 million in payments announced after the first review. The increased…