Wells Fargo

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Wells Fargo is a financial services company headquartered in San Francisco, California. According to Casey Serin they "stole $1,000" from him.[1] Using his native tongue, Casey-speak, he explains the horrible wrongness of this as follows:

"I find out that because my WF credit line is 83 days past due they made an “offset” from my personal account to catchup the credit line. “You are allowed to do that?” I asked. They said yes according to the terms of the loan that I signed. “But I need that money to live on! My landlord is going cash the check today and it will bounce now. Can’t we reverse the offset or appeal it somehow??” I asked. The rep checked with the supervisor and said they cannot reverse it.


Once (re)informed that he had signed an agreement to PAY from available funds the COMMITMENTS for LOANS that he had outstanding with the same financial services company, did our hero come to the realization that this, among the rest of this ill-gotten $2.2MM, was not ever really his money at all, but wrongly taken from others to fund a crazy lifestyle he cannot afford, and has not attempted to support by either his or his own wife's labor? Nay. Here, he tells the world exactly what his entirely predictable reaction was:


That’s just great! I knew I should have closed the account to prevent autodrafts and stuff like this...I am very frustrated. Going down to the branch right now to close my account and take out any cash I have left. I am not going to let WF or anyone to just take out money as they please.


Never one to quit a good fight just because the ref called it, the bettors have been paid, the ring is empty, and the spectators have all gone home, Casey adds to his comments section:


I’m about to go to WF and close my account, but before I do I figure why not post a screen shot… Sorry guys, the laptop crashed and I didn’t have time to post screen shots. I didn’t want the bank to close on me... I know I know, I owe that money to WF. They are entitled to it. But again, I’m a little bit angry that they simply reach into my pocket and take it!!...I already know I can’t fail. What people see as “failure” is really a stepping stone to success


Also see: Overdraft

[edit] References

  1. Wells Fargo Stole $1000 From Me IAFF,December 27th, 2006
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