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#Binance #ScamRiskWarning #WellsFargo #JPMorgan #SECApprovalJourney Wells Fargo Accused of Emptying Customers' Accounts Without Notice or Authorization, Blatantly Disregarding Consumer Credit Protections: Class Action Lawsuit
A Wells Fargo customer in California has filed a class-action lawsuit accusing the bank of emptying its customers' accounts, which constitutes a blatant violation of consumer protection laws.
The plaintiff, piano teacher Helen Palma, claims Wells Fargo illegally seized funds from her bank account after she fell behind on her credit card payments, ClassAction.org reports.
The bank won a case against Palma over unpaid credit card debts, records show.
But the lawsuit alleges that Wells Fargo then suddenly emptied Palma's checking and savings accounts without collecting required bank fees, allegedly violating state laws that require banks to provide proper notice to customers, provide the possibility of submitting a request for tax relief and leaving a minimum fee. balance. on customer accounts in the amount of $1,900.
âIn apparent disregard of these rules, Wells Fargo ignored legal proceedings to collect a bank levy that would have prevented it from withdrawing money from [the plaintiff's] accounts, and instead illegally took her funds and left [sic] in his account for all $102.74.
Palma's class-action lawsuit seeks to protect all California residents whose funds may have been illegally siphoned off by Wells Fargo over the past four years.
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