Wells employees claim fake account tactic was in use longer than bank says

CHARLOTTE, N.C. — Nearly a dozen Wells Fargo employees are calling out the bank, claiming a sales tactic, which includes opening fake accounts for customers in order to meet quotas, has been around for longer than the bank acknowledged.

One former employee told CNN that in 2007 she was instructed to make employees reporting to her open unauthorized accounts.

READ MORE: Wells Fargo fined $185M for fake accounts; 5,300 employees fired

A document from the same year used in a legal case against the bank seems to suggest Wells Fargo was aware of the issue.

Channel 9 reported on Monday that two former employees also filed a class action lawsuit against the bank for over $2 billion, saying employees were forced to either open the accounts or lose their jobs.

Wells Fargo's CEO said last week during a senate committee hearing that the bank would expand its review to include 2009 and 2010.

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