Wells Fargo Abruptly Terminating Customers’ Bank Accounts, Say Attorneys General in 16 States, Demanding Immediate Freeze on Lender’s Alleged Debanking Practices

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Wells Fargo Abruptly Terminating Customers’ Bank Accounts, Say Attorneys General in 16 States, Demanding Immediate Freeze on Lender’s Alleged Debanking Practices

10/03/2024 7:04pm

The Daily Hodl

More than a dozen state attorneys general (AGs) are accusing banking titan Wells Fargo of abruptly terminating customers’ accounts without warning. In a letter addressed to Wells Fargo CEO Charles Scharf, 16 AGs from across the country accuse the trillion-dollar lender of debanking customers in a discriminatory manner. According to the AGs, the pattern is […]

The post Wells Fargo Abruptly Terminating Customers’ Bank Accounts, Say Attorneys General in 16 States, Demanding Immediate Freeze on Lender’s Alleged Debanking Practices appeared first on The Daily Hodl.

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The post Wells Fargo Abruptly Terminating Customers’ Bank Accounts, Say Attorneys General in 16 States, Demanding Immediate Freeze on Lender’s Alleged Debanking Practices appeared first on The Daily Hodl.