Money Wells Fargo agrees to $575 million settlement affecting all 50 states in wake of fake accounts December 28, 2018January 1, 2019 Barbara Rodriguez, Des Moines Register Comments Off on Wells Fargo agrees to $575 million settlement affecting all 50 states in wake of fake accounts Wells Fargo has been under fire since it was revealed in 2016 that employees had fraudulently opened millions of fake accounts to meet sales goals.