By Alex Richardson
DAILY HODL

A new lawsuit alleges Wells Fargo seized a customer’s funds and shut down his bank account over a legitimate $207,765 deposit.

Ethan Parker says he opened a new account at the bank late last year specifically to deposit a large check that he received after the death of his adoptive mother.

But 15 days after the deposit, Parker says Wells Fargo shuttered the account, took the funds and accused him of forging the check.

According to the lawsuit, Parker then obtained a letter from the firm that issued the check to confirm its legitimacy. But the bank was not swayed and continued to deny Parker access to the funds without “adequate explanation.

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