Wells Fargo faces new scandal after overcharging customers

Wells Fargo faces new scandal after overcharging customers

FILE- In this May 17, 2018, file photo, the logo for Wells Fargo appears above a trading post on the floor of the New York Stock Exchange. Wells Fargo reports earnings Friday, July 13, 2018. (AP Photo/Richard Drew, File)

CHARLOTTE, N.C. — Wells Fargo is facing another scandal.

The company said it overcharged customers.

Officials at Wells Fargo said they are setting aside nearly $300 million for refunds.

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This comes after a third party investigated the bank's foreign-exchange business.

The investigation showed Charlotte's largest banking employer gave inconsistent pricing and incorrect fees to customers.

Channel 9 has investigated Wells Fargo before and reported to you the bank faced numerous issues over the last few years.

One of these issues was having to pay customers rebates for opening fake accounts in their name, forcing them to get car insurance, and charging them mortgage fees they did not deserve.

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