Wells Fargo Freezes Wendy Williams Bank Account
On Friday television host Wendy Williams asked a New York court to restore her access to a bank account containing several million dollars. Wells Fargo is in possession of millions of dollars worth of funds belonging to Wendy and she’s been denied access to her funds for more than two weeks. Wendy’s former financial advisor allegedly told the bank that Wendy “was of unsound mind”, and that Wells Fargo has denied her access to her bank accounts and statements. Wells Fargo justifies its decision to keep Wendy’s accounts frozen by referencing its authority under various client agreements to “pause or reject instructions for a proposed transaction,’ pending judicial or administrative remedies, should they suspect financial exploitation, dementia, or undue influence”.
