$185 million. That’s how much Wells Fargo was forced to pay for deliberately scamming customers and creating fake accounts -- and yet the CEO John Stumpf still thinks he gets to keep his job.

To meet sales targets, Wells Fargo tellers created two million fake credit cards and bank accounts in existing customers’ names -- charging them with late fees and overdraft charges for accounts they had no idea they had. Bank executives looked the other way as their stock options soared -- and the executive who oversaw the fraud retired with a $125 million package. 

Under Stumpf’s gutless leadership, Wells Fargo has been defrauding millions of people. In 2012, the bank paid another $175 million to resolve allegations of racial discrimination -- and four years later, millions of customers became victims of the bank’s latest attempt to pad its bottom line. It’s time Strumpf is held accountable.

 Demand that the CEO of Wells Fargo resign and compensate the customers affected.

In 2008, it was the destructive greed of Wall Street and its complete lack of accountability that drove our economy into the ground. While questioning Strumpf in Washington DC, Senator Elizabeth Warren did not mince words: "You should resign ... and you should be criminally investigated."

After this recent public grilling, Stumpf lost the little legitimacy he still had left. It’s clear he oversaw one of the biggest scams perpetrated on the American people, and it is time for him to resign. For years, Strumpf has essentially gone unpunished for his bank’s action but with the public outrage of the bank’s recent scandal, we can ensure he does.

Together, we can send a clear message to Wall Street that it’s no longer open season on defrauding the American people. CEOs can’t just walk away with nine-figure bonuses and leave us holding the bill. But until Congress does more to reign in Wall Street, we need as much public outrage as possible to hold executives accountable.

Luckily, if there’s one thing SumOfUs members know, it’s how to keep corporate power in check. Earlier this year nearly 30,000 of you called for congressional action to crack down on shadow corporations and within days Senator Sheldon Whitehouse, Rep. Peter King, and Rep. Carolyn Maloney introduced legislation to curb anonymous corporations. Now we need your help to continue to hold the biggest corporations to account.

Join us and tell Wells Fargo CEO John G. Stumpf that he just lost the right to his job.

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