Wells Fargo & Company Bank Account Or Service Complaint

(CD) Certificate of deposit Account opening, closing, or management

Wells Fargo & Company Bank account or service department,

(CD) Certificate of deposit Account opening, closing, or management California

I was a beneficiary on a trust held at a wells fargo bank in CA and somehow my sister was allowed transfer the entire trust of $200000.00 into her personal wells fargo account and close the trust account 6- 8 years ago. I have contacted the attorneys in - CA that were supposed to be handling the trust and they have not responded. I have reviewed the court file and no final accounting/ settlement or other court order was ever entered that would have given authority to either my sister or the bank to transfer this trust money into my sisters personal account. Somehow the bank made this transfer without a court order. In addition, prior to the illegal transfer of the trust money to my sister, I have information that - names were added to the wells fargo trust bank account and that those - individuals were paid trustee fees off of the trust bank account even though there was never a court order giving them such authority nor was there a court order directing the bank to add anyone to the trust account.

Wells Fargo & Company customer in California
Sep 10, 2016

* Source: CFPB Complaint Database

Wells Fargo & Company response to complaint:
Closed with explanation

Consumer disputes how Wells Fargo & Company handled their complaint

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