Wells Fargo Wants Porn's Money

LOS ANGELES — Money may be considered the root of all evil, but not where Wells Fargo bank is concerned. Jumping on the opportunity to do business with adult after Chase Bank's move to shut down porn industry workers’ accounts, Wells Fargo is offering a friendly port in the financial storm.

TMZ reported that the banking giant is welcoming all porn stars that claim Chase has shut them out.

A company representative told TMZ, "Of course we encourage these industry workers to come to us with their business and we will gladly help them."

Even though there may be a new home for porn money, the stars haven’t taken the Chase slam lying down.

The Daily News reported today that performers Veronica Avluv and Teagan Presley — who have already moved their accounts to Wells Fargo — have taken to social media and are bashing Chase via their substantial Twitter accounts after falling victim to the lock out.

"I'm just upset and still in shock it's even happening. I'm not doing anything illegal," Presley told The News.

Presley’s husband, Joshua Lehman, who also had his personal and business accounts closed, including Skinworxxx, said, "I've heard three different reasons. When I went into our branch, they said it was the nature of our business. When I called, they said they were closing my personal account because my wife is an 'infamous' adult star.

“When I talked to my branch again, they said it wasn't because we were in the adult industry but because we did business with a convicted felon,” Lehman said.

Despite frustration over trying to fight the giant financial institution, Lehman said he and other adult industry folks have contacted industry lawyer Michael Fattorosi to explore possible legal action.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Trump Administration Issues Executive Order Against 'Debanking'

The White House on Thursday issued an executive order limiting financial institutions’ ability to restrict access to financial services for people or groups involved in lawful industries, a longtime goal of adult industry advocates and stakeholders.

Millie Morgan Stars in Latest From MILFY

Millie Morgan stars with Hollywood Cash and Sheem in the latest release from Vixen Media Group (VMG) studio imprint MILFY, titled “Hot Blonde MILF Gets Tag-Teamed.”

Go.cam Launches Free Age Verification Solution, Anti-Fraud Features

Go.cam has announced that its age verification solution is now free with updated anti-fraud and identity protection features.

Mick Blue Dishes on Role in BET Plus Crime Flick 'Dutch III'

Decorated performer Mick Blue has stepped outside of the adult industry to appear in "Dutch III: International Gangster," a new mainstream crime movie currently streaming on BET Plus.

Blake Blossom, Millie Morgan Topline 'Massage Seductions 4' From Sweetheart Video

Blake Blossom and Millie Morgan headline the fourth volume of “Massage Seductions” from Mile High Media studio imprint Sweetheart Video.

Elegant Angel Rolls Out 'Performers of the Year 2025'

Elegant Angel has kicked off its annual "Performers of the Year" campaign with weekly double penetration scene releases as part of "DP Tuesdays."

Adult Time's 'How Women Orgasm' Series Spotlights Sarah Arabic

Sarah Arabic is spotlighted in the latest installment of "How Women Orgasm," from Adult Time studio banner Up Close.

Florida AG Sues EU-Based Adult Companies for Failing to Age-Verify Users

Florida Attorney General James Uthmeier filed a lawsuit Monday with the 12th Judicial Circuit Court of Florida against five EU-based adult companies for allegedly failing to require age verification before allowing access to adult content.

SkyPrivate Launches 'Telegram Pay-Per-Minute' Feature

SkyPrivate has launched a new pay-per-minute (PPM) private show option on Telegram.

Jessica Aaren, Wendy Raine & Harley Love Star in 'Freakier Friday' Parody From TeamSkeet

Jessica Aaren, Wendy Raine, and Harley Love star with Sage Roux in "I’m Still in My Stepdaughter's Body, Fuck Us Again," the latest parody release from TeamSkeet.

Show More