September 29: Wells Fargo promises to abandon unrealistic sales goals. The company apologizes and commits to refunds. The DOJ claims the bank took 413 cars without a court order, which violates federal law. The company agrees to pay $24 million to settle charges. September 28: Wells Fargo is accused of illegally repossessing service members' cars. Carrie Tolstedt, who headed the division that created the fake accounts, steps down and forfeits some pay. The first major executive leaves the company over the scandal. Stumpf says he will give up much of his 2016 salary, including a bonus and $41 million in stock awards. September 27: Wells Fargo CEO John Stumpf forfeits pay. September 14: A government official tells CNN the Department of Justice has issued subpoenas in a probe related to the fake account scandal. Wells Fargo says 5,300 employees were fired for related reasons. The bank is hit with a $185 million fine. Federal regulators reveal Wells Fargo employees secretly created millions of unauthorized bank and credit card accounts without their customers knowing it. September 8: Fake account scandal breaks wide open.
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