Friday, February 11, 2022

Wells Fargo Fires Back at Wendy Williams Over Frozen Bank Accounts

This week it was revealed that Wendy Williams obtained a power of attorney in an attempt to force Wells Fargo to un-freeze her bank accounts after Wells Fargo accused Wendy of being exploited [click here if you missed that]. 

Wells Fargo is still NOT satisfied...

Wells Fargo is asking the court to set a hearing on the matter. They don’t deny they have shut Williams out of her own accounts but claim it was for her own good.
The bank says they have filed a petition seeking for a guardian to be appointed to take control of the money Williams has in her accounts.
“To summarize without divulging too much on the public record, Wells Fargo has strong reason to believe that [Williams] is the victim of undue influence and financial exploitation. [Wendy] is an established client of Wells Fargo and notably, 15 years with the particular financial advisor, a 23-year veteran of the financial services industry with an unblemished record.”
The line was included for the bank to defend Schiller from Williams’ accusations. They add, “Wells Fargo is relying not only on reports of the financial advisor, who has recently witnessed telltale signs of exploitation, including [Wendy’s] own apprehensions but also upon other independent third parties who know [Wendy] well and share these concerns.”
Wells Fargo says they have no stake in the fight but want to make sure Williams is being exploited. A judge has yet to rule.