Wendy Williams Has Been Given A Financial Guardian, And She’s Not Thrilled About That

May 23, 2022 / Posted by:

There have been many mixed reports regarding the current state of Wendy Williams’ life, from all aspects, like her career, her health, and what’s going on with her bank account situation. That last one has been a real head-scratcher, considering no one really knows if Wendy’s all good when she approaches the ATM, or if every purchase she attempts to make returns a cancelled transaction warning that says something like, “No way ma’am, and you know why.” We have an update on Wendy’s financials. According to her attorney, Wendy has been put under “financial guardianship,” which pretty much sounds like two formal words that mean Wendy can’t freely spend her own cash. And according to that attorney, Wendy is not feeling the constant financial supervision.

Back in February, Wendy’s formal financial advisor Lori Schiller filed documents that alleged that Wendy wasn’t in the right headspace, mentally, to handle her own money, and her bank, Wells Fargo, froze her accounts. Wendy filed a restraining order against Wells Fargo, arguing that they don’t have the right to freeze her dollars. Wendy has also accused some in her inner circle, like her former manager Bernie Young, of using her own credit card to pay for an attorney to petition to be Wendy’s legal guardian. So, plenty of possible financial shadiness all around. But if you ask Wells Fargo, they might say there’s zero suspicious activity, and it’s all thanks to them. That would be why Wendy’s attorney is currently fighting against Wells Fargo. via The Hollywood Reporter:

The chain of events that culminated this week with the installment of a financial guardian over Wendy Williams’ finances started with a simple request from the TV personality to check her bank statements, according to her attorney, La’Shawn Thomas. Williams, suspecting misconduct by her financial advisor, wanted to switch banks and needed her most recent statements to do so.

When Wells Fargo refused, it claimed in a petition for guardianship that Williams is an “incapacitated person.” The bank argued that she’s the “victim of undue influence and financial exploitation.”

And so on Thursday of last week, a judge granted a temporary guardian with Wells Fargo, which will stay in place until July. That means Wendy is still shit out of luck when it comes to handling her own cash. But what Wendy can do is accuse Wells Fargo of fucking around with her financial freedom, and that’s just what she did (well, through her attorney, at least). via THR:

In an affidavit to the New York Supreme Court, Williams stated that Wells Fargo improperly denied her access to her money, leading her to default or risk defaulting on several bills. She accused a Wells Fargo financial advisor of lying that she’s mentally unstable as a basis to lock her out of her accounts.

In a statement, her attorney says that Wendy “doesn’t agree” with the decisions being made by that judge on behalf of Wells Fargo. She also accuses Wells Fargo’s money meddling of causing her to default or risk defaulting on several bills. Her attorney adds that if the courts think they’re going to appoint a long-term financial guardian, they’ve got another thing coming because Wendy absolutely won’t be (Wendy Williams voice) doin’ that.

Wendy’s attorney also added a layer of mystery to this already messy situation, by saying that Wendy is reportedly doing really well, health-wise, so they suspect something suspicious has been done with Wendy’s money, and that Wells Fargo is “attempting to hide something.” Wells Fargo didn’t return The Hollywood Reporter’s calls when reached for comment. THR also decided to get a little shady by pointing out that Wells Fargo agreed to pay $3 billion in 2020 to settle a civil suit filed, which alleged Wells Fargo was attempting to meet quotas by opening millions of fraudulent checking and savings accounts.

This feels like a very simple situation to solve. Wells Fargo has been implying that Wendy can’t mentally handle a basic checking account, while Wendy claims she’s fine and can easily perform deposits and withdrawals. So just give Wendy a simple cognitive test? But like, one that will truly reflect Wendy’s current mental state. So basically, sit her down, show her three pictures of different celebrities, and ask, “On a scale of 1 to 10, how much do you want to talk shit about all three of them.” They’ll have their answer in about one second.

Pic: INSTARimages

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