Wells Fargo today announced that it had identified an additional 1.4 million potential bogus accounts that may have been opened unlawfully by the bank’s former employees, a steep increase from what was previously reported during the fraud scandal that rocked the banking and financial services giant last year.

The news comes amid the San Francisco-based bank’s recent completion of an expanded third-party review that analyzed current and former consumer and small business checking, savings and credit card accounts, as well as lines of credit and online bill pay services activity at the bank going back to 2009. A previous internal review, initiated in 2015, analyzed consumer and small business banking deposit accounts and credit cards dating back to 2011. That review identified approximately 2.1 million potentially unauthorized accounts.

The new analysis has revised those figures to stand at approximately 3.5 million accounts opened without customers’ consent, a 67 percent increase from what was previously reported.

Wells Fargo

Wells Fargo also said today that approximately 190,000 of those phony accounts incurred user fees and charges, up from the initial 130,000 figure reported when news of the scandal broke last year.

“To rebuild trust and to build a better Wells Fargo, our first priority is to make things right for our customers, and the completion of this expanded third-party analysis is an important milestone,” said Wells Fargo CEO Timothy Sloan in a statement issued today. “Through this expanded review, as well as the class action settlement, free mediation services, and ongoing outreach and complaint resolution, we’ve cast a wide net to reach customers and address their remaining concerns. Our commitment has never been stronger to build a better bank for our customers, team members, shareholders and communities.”

Regulators — including the Consumer Financial Protection Bureau, the City Attorney of Los Angeles and the Office of the Comptroller of the Currency — hit Wells Fargo with a massive enforcement action last September over “widespread unlawful sales practices” that had alleged occurred at the bank for years, involving thousands of bank employees nationwide who allegedly established fake deposit and credit card accounts in customers’ names in order to boost sales figures and meet goals.

Wells Fargo chairman and CEO John Stumpf, who was criticized by the public and a Senate Banking Committee for fostering a high-pressure sales culture and for failing to enact internal oversight measures, stepped down from the company and its board in October. He was succeeded by Sloan, who previously served as Wells Fargo president and COO.

In addition to the $185 million in total fines levied against the bank — which included a $100 million fine from the Consumer Financial Protection Bureau, the largest in that agency's history — Wells Fargo was also forced to pay remediation to customers who incurred fees for financial products and services sold to them without their knowledge.

In today’s statement, Wells Fargo said it would now pay an additional $2.8 million in refunds and credits to customers in light of its updated findings.