Wendy Williams’ accounts frozen by Wells Fargo

Wendy Williams has asked a New York court for an injunction after Wells Fargo froze her accounts and revoked her access.

Wendy Williams is at risk of leaving her employees without paychecks after her bank froze her accounts.

Wells Fargo says they believe Wendy is being financially exploited, and she has filed a petition in a New York court asking a judge for an injunction that would give her back control of her accounts worth millions of dollars.

“Until Wells Fargo reopens my personal, business, deferred compensation, and investment accounts, unfreezes my financial assets, my family and I are at risk of suffering continued irreparable financial harm”

In her petition for the emergency injunction that was filed on the 4th of Feb, Wendy’s lawyers said she had lost access to her accounts after Wells Fargo financial advisor Lori Schiller said that Wendy was not able to handle her own finances.

Wendy fired Schiller and alleged improper conduct in their professional relationship. Wells Fargo still continued to deny Wendy access to her own assets, bank statements, and even upcoming bills that are due.

In their response, Wells Fargo said regulators have repeatedly and increasingly urged finance companies to beware of possible exploitation of their clients.

They went on to say that they froze Wendy’s accounts because they had reason to believe Wendy was the victim of undue influence and financial exploitation (According to court documents).

“Wells Fargo’s priority is the financial well being of Ms. Williams and the preservation of her privacy, As we have expressed to the court, Wells Fargo is open to working with Ms. Williams’ council to release funds directly to her creditors for bills historically and regularly paid from her accounts”.

As I sat here writing this, I couldn’t help but wonder if all the things happening to Wendy Williams recently are a direct result of the way shes treated people throughout her whole career. It’s got me looking at myself and my actions a lot more closely…Sheesh.

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