I have a new story about Wendy Williams who we think of as politically looney-tunes. It’s a bit scary to think that financial institution has been overreaching lately.
Later on, I’ll explain how ironic this story is.
It was reported that went into the court to file against Wells Fargo after she found out that they reportedly froze her account which has several million in it. And the reason for her account being frozen? It’s because Williams is having “dementia.”
Is it really right to freeze someone’s account just because of some possible fear of anything?
This sounds so crazy, they froze the former talk show host money while Joe Biden is sitting comfortably in the White House?
I’m sure you are already aware of where the ironic thing is.
Here’s an excerpt from Radar Online:
Wendy Williams has reportedly rushed to court demanding that they order her bank, Wells Fargo, to unfreeze access to her accounts that have allegedly been denied to the talk show host for weeks despite holding millions of dollars’ worth of her money.
According to The Sun, the 57-year-old absentee host of The Wendy Williams Show recently asked a court for an emergency order to unfreeze her accounts with Wells Fargo as they deny her access to her accounts due to their fear of “financial exploitation, dementia or undue influence.”
Williams’ filing to the court claims that her bank is in possession of “several million dollars’ worth of funds” that allegedly belong to the writer and actress, although she has been denied the funds for more than two-weeks’ time.Her attorney also reportedly argued that Williams’ former financial advisor told the bank that she “was of unsound mind,” leading to the temporary freezing of her accounts and funds.
According to Wells Fargo’s client agreement, they have the right to “‘pause or reject instructions for a proposed transaction, pending judicial or administrative remedies, should they suspect financial exploitation, dementia, or undue influence,” which they are evidently exercising with Williams as their client.
Williams’ attorney also argues that Wells Fargo has taken advantage of their authority, because the talk show host has reportedly not attempted any transaction that would put the bank in a position to “pause or reject” access to her funds.
The legal team representing the ailing host are hoping to secure court orders so their client can have “access to her financial accounts, assets, and statements,” because, according to their argument, Williams is in “imminent and irreparable financial damage.”
Well, for now, there are no complete details yet as to what is really happening with Wendy. Yes, she has so many public issues with her talk show and accusations about her mental health have been spreading too. Perhaps she does have dementia, I don’t know.
But these shouldn’t be used against her especially with the bank without a family to provide proper documentation before just cutting someone off from all of their money.
And this move follows “GoFundMe” canceling the Freedom Truckers donation page that had over 10 million dollars. After they canceled it, they said they would donate any unclaimed money to “approved charities.” After backlash, they opted to just refund everyone. Again, another slippery slope.
These financial institutions are taking way too many liberties and as we all know, if you give them an inch, in a matter of weeks, they’ll have taken MILES from you.
Sources: Wayne Dupree, Radar Online
