J.C. White Law Group has filed suit against Wells Fargo Bank on behalf of Ethan Parker for improperly freezing his bank account for alleged fraud and seizing his funds.

Parker’s adoptive mother died in 2020, leaving him as the designated beneficiary for a retirement account with AIG. He provided AIG will all information needed to receive death benefits. Parker a $207,000 check.  He opened a Wells Fargo account through the bank’s website, and deposited the second check at a Wells Fargo branch in Burlington, along with an additional $5,000 in cash.

Wells Fargo froze the account and seized his money, accusing Parker of forging the check.  Our firm obtained a letter from AIG confirming that the check was valid and had been issued to Parker.  Wells Fargo continues to refuse to release the funds, and a lawsuit was Parker’s only option.  Because he does not have access to his inheritance, his family home faces foreclosure because of his inability to pay a mortgage arrearage.

Pleadings

• Read the Complaint

In the Press

• Wells Fargo Allegedly Freezes Bank Account After $207,765 Deposit, Seizing Customer’s Funds Without Adequate Explanation: New Lawsuit – DAILY HODL
• Wells Fargo froze his bank account. Now he might lose a house, lawsuit claims – TBJ
• JC White Law Group Seeks Wells Fargo Customers Whose Accounts Were Improperly Closed for Fraud