Wells Fargo Screws Sex Workers; Cancels Accounts Over ''Risks''
Wells Fargo Screws Sex Workers; Cancels Accounts Over ''Risks'' Wells Fargo may have had no problem scamming clients into accounts without consent (until they got caught and were fined $185 million), but when it comes to sex workers, the bank is suddenly pious. As Rolling Stone reports, sex workers across the country are reporting that their Wells Fargo accounts have been terminated with no explanation - aside from referencing "ongoing reviews of its account relationships in connection with the Bank’s responsibilities to manage risks," effective immediately. In the letters, which are dated August 25 and copies of which were provided to Rolling Stone, Wells Fargo offers zero explanation for the decision to terminate the relationship with these customers . The letter says that the bank “performs ongoing reviews of its account relationships in connection with the Bank’s responsibilities to manage risks in its banking operations ,” and that the recipient’s accounts will be closed “as a result of this review.” Wells Fargo did not immediately respond to a request for comment. -Rolling Stone 30-year customer Alana Evans, president of the Adult Performance Artists'' Guild (APAG) says that she''s had no prior issues with the bank.
Wells Fargo Screws Sex Workers; Cancels Accounts Over ''Risks''
Wells Fargo Screws Sex Workers; Cancels Accounts Over ''Risks'' Wells Fargo may have had no problem scamming clients into accounts without consent (until they got caught and were fined $185 million), but when it comes to sex workers, the bank is suddenly pious. As Rolling Stone reports, sex workers across the country are reporting that their Wells Fargo accounts have been terminated with no explanation - aside from referencing "ongoing reviews of its account relationships in connection with the Bank’s responsibilities to manage risks," effective immediately. In the letters, which are dated August 25 and copies of which were provided to Rolling Stone, Wells Fargo offers zero explanation for the decision to terminate the relationship with these customers . The letter says that the bank “performs ongoing reviews of its account relationships in connection with the Bank’s responsibilities to manage risks in its banking operations ,” and that the recipient’s accounts will be closed “as a result of this review.” Wells Fargo did not immediately respond to a request for comment. -Rolling Stone 30-year customer Alana Evans, president of the Adult Performance Artists'' Guild (APAG) says that she''s had no prior issues with the bank.