Wells Fargo begins freezing accounts without warning for failing to meet certain requirements: thousands already affected
The bank now requires stricter proof of status, leaving many customers worried about accessing their money. Why are more Wells Fargo clients suddenly facing unexpected account blocks and financial turmoil? The simple answer is that new, tighter regulations from the Office of Foreign Assets Control (OFAC) have prompted Wells Fargo to demand up-to-date proof of … Read more