The paper used Xavier Einaudi, a small business owner who banked with Wells, as its primary example. A few months back, the bank informed Einaudi that it would be closing all 13 of the checking accounts he had with the bank related to his roofing company, CRV Construction. When asked why it was closing the accounts, it replied that the issue was “confidential”.

Source: Wells Fargo Blindsides Customers By Charging Thousands In Overdraft Fees On ‘Closed’ Accounts | Zero Hedge

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Seems like this corporation needs to closed down!

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