Why I am Closing My Wells Fargo Bank Account
Douglas Ryan VanBenthuysen
Checking: 8755641100
Saving: 5271962473
I hereby close the above listed accounts and sever all my business relationships with Wells Fargo Bank. Based on my recent experience, I also recommend that anyone who banks Wells Fargo Bank close all account immediately, as Wells Fargo can no longer be trusted with our money. Here are four categories of reasons why I am leaving Wells Fargo.
- Inferior Equipment: In the past month, I have had four different Wells Fargo cards fail. These failures have included malfunctioning magnetic strips and malfunctioning chips. Each time one of these failure has occurred, I have suffered hardship in that I was unable to complete a transaction and had to go through the trouble of getting replacement cards.
- Evidence of Account Hacking not Taken Seriously: Earlier this month, the Card-Free ATM feature of my account was disabled without my permission. As this coincided with one my card malfunctioning, this intrusion into my account rendered me unable to obtain any money from my account, thus rendering my Wells Fargo account useless. When I was called by customer service about this issue, the woman who called was very rude and did not even understand the words I was using to describe the condition with Wells Fargo computer systems.
- Fraud: Last year, I spoke to a banker at the Wells Fargo branch in Bee Cave, TX. After I was denied for a very small loan in order to purchase gas to continue working for the weekend, the banker with whom I spoke advised me to commit fraud in order to improve my credit score. That Wells Fargo preferences those who are willing to commit fraud over hard workers is disgusting and illegal. When I complained about this to customer service, I was given a cash payment as hush money about the fraudulent practices promoted by Wells Fargo. I am now blowing the whistle on Wells Fargo’s fraud.
- Humans are no Longer in Charge of Wells Fargo: In September, I made a deposit and the Wells Fargo automated system made an error. When I called Wells Fargo customer service, I spoke with a man named Josh, asking him to correct the error. “The system makes the decisions,” he said. “They system is computerized and automated. It’s an algoriþm which pulls in multiple factors. I do not know what goes into it. Human beings have no influence on the algoriþm.” Based on the admission of Wells Fargo, human being are no longer making decisions at Wells Fargo, and rather the bank is controlled by an algoriþm. As Wells Fargo is a powerful financial institution that interfaces directly with the national treasury and the FDIC, the lack of human control is disturbing. And, since the Wells Fargo Algoriþm preferences those who are willing to commit fraud over those who work hard, Wells Fargo has become dangerous to our society. The misbehaving Wells Fargo Algoriþm is committing treason and needs to be stopped. All Wells Fargo employees should leave their jobs now lest they get wrapped up in these crimes.
This letter is posted at: https://wordpress.com/view/closewellsbank.finance.blog