“Wells Fargo froze his bank account. Now he might lose a house, lawsuit claims”
September 12, 2023
“…Parker’s adoptive mother died in 2020, leaving him as the designated beneficiary for a retirement account with AIG. After complying with the requirements for receiving death benefits, Parker received two checks – one for just over $9,700 and another for just under $207,800, according to his lawsuit. Parker, who didn’t have a bank account, cashed the first check. He then opened a Wells Fargo (NYSE: WFC) account through the bank’s website, depositing the second check at a Wells Fargo branch in Burlington, along with an additional $5,000 in cash.
While he used the account without incident for weeks, in October of 2022, Wells Fargo, “without any explanation,” seized the funds and closed the account, the lawsuit says…”
These bankers are crazy. In this day and age any CEO is just a couple minuets away from a Google search and a couple hours away from a random basement. I wouldn’t want to be any of these people.
One of the biggest crashes in history may be around the corner and these people are screwing with folks money. For your own safety do not get between a desperate man and his money.