[tina] you're an old lady. next tonight here to "your money," and news of a massive settlement with wells fargo, accused of opening up accounts and charging fees without customers knowing. here's rebecca jarvis tonight. >> reporter: tonight, federal officials say wells fargo traded its reputation for short-term profits. the banking giant agreeing to pay $3 billion, admitting to a scheme where company employees opened millions of fake bank accounts in people's names without their knowledge, all part of an effort to meet unrealistic sales goals. as employees falsified records, the bank collected millions in fees. a former worker saying, it was like lions hunting zebras. >> you had to open ten accounts every -- every single day. >> reporter: the scheme reportedly targeted minorities who speak little english, college students, and seniors, starting in 2002. senior executives knew about it,