GLEICHSCHALTUNG: Wells Fargo Dumps Florida Gun Seller’s Accounts, Signaling Complete Severing of Gun Industry Ties.
The financial institution abruptly closed both the business and personal accounts of Brandon Wexler over the Christmas holidays. Wexler is a longtime customer of the bank, having had personal accounts for over 25 years and business accounts for at least 14 years.
In a letter to the dealer, obtained by The Reload, Wells Fargo claims a review of the account deemed Wexler’s business “too risky.”
However, a second letter from Wells Fargo to Wexler indicates that isn’t a completely honest statement. The banking giant explicitly says the reason for yanking the business account is because their guidelines prohibit them from “lending to certain types of businesses.”
Wells Fargo’s real problem is with certain types of people.