I Need That Money: Wendy Williams Says She Is Suffering From “Irreparable Financial Harm” After Bank Freezes Accounts

I Need That Money: Wendy Williams Says She Is Suffering From "Irreparable Financial Harm" After Bank Freezes Accounts

Wendy claims in a new lawsuit that she has been locked out of her accounts enclosing millions of dollars for more than 2 weeks, according to The Sun.

Wendy Williams, the host of The Wendy Williams Show, has not been featured on the daytime talk show in several months due to a variety of health problems, stated in the lawsuit’s most recent filings that her frozen bank accounts have caused her “irreparable financial harm.”

Wendy and her representatives assert that Wells Fargo informed them that they would receive a ruling after submitting a “properly executed, witnessed, and notarized Power of Attorney and signed letter of representation.”

A power of attorney empowers a dedicated individual to make major decisions another person’s property, money, or medical treatment when the person is unable to do so themselves.

The court documents make no mention of who is authorized to act on her behalf or what powers have been delegated to that individual.

The bank allegedly has yet to communicate their decision to Wendy, opting instead to hire their own legal team to represent them in the ongoing litigation.

Wendy contended in court documents that the bank “repeatedly denied” her demands for access to her bank assets, which total more than “several million dollars.”

“I have submitted multiple written requests to Wells Fargo and I have visited various Wells Fargo branches in the South Florida area in an effort to resolve this matter outside of the courtroom,” she wrote.

“I have defaulted and I am at risk of defaulting on several billing and financial obligations, including, but not limited to, mortgage payments and employee payroll.” 

As previously reported by the outlet, Wendy asserted that Wells Fargo officials justified their decision to freeze her accounts by citing their power to “pause or reject instructions for a proposed transaction, pending judicial or administrative remedies, should they suspect financial exploitation, dementia, or undue influence.”

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