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 © 2026 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

BiPhoria Debuts New Series 'Caught Bi'

BiPhoria has debuted its new series, "Caught Bi."

Ella Hughes, Nata Gold Star in Hentaied Pro's 1st Interactive Release

Ella Hughes and Nata Gold star in Hentaied Pro’s first interactive release, titled "Endless Echoes."

Lauren Phillips Leads Latest From MILFY

2024 XMAs MILF Performer of the Year Lauren Phillips stars with Parker Ambrose and Dwayne Foxxx in a new DP scene from Vixen Media Group (VMG) studio imprint MILFY.

Maria May Makes Her MYLF Debut

Maria May has made her MYLF debut alongside Lola Aiko and Juan Largo in the studio’s latest release, titled "Only Straight-A Students Get Dommed by Mommy."

Pineapple Support Relaunches Site

Pineapple Support has updated and relaunched its website.

Juniper Ren Toplines Bryan Gozzling's 'Hookup Hotshot: Internet Sex Addicts Volume 6'

Juniper Ren headlines director Bryan Gozzling’s “Hookup Hotshot: Internet Sex Addicts Volume 6” from Evil Angel.

Brittany Andrews Stars in Latest From Pervz

Brittany Andrews stars with Mike Ox in a new scene from Pervz series PervPrincipal, titled “MILF Principal Makes a Dirty Deal with a Student.”

Ariel Demure Leads Latest From TransSensual

Reigning XMAs Trans Performer of the Year Ariel Demure stars with Adam X Lee and Mark X in the latest scene from Mile High Media studio imprint TransSensual, titled “Two Dicks and a Drildo Does the Trick.”

Sarah Arabic Stars in Latest From Brazzers

Sarah Arabic stars with Victor Ray in the latest release from Brazzers, titled “First Time Cheater, First Time Anal.”

Chloe Temple Returns to Immoral Productions

Chloe Temple stars in a Christmas-themed trilogy from Immoral Productions, alongside Dean Van Damme and Charlie Dean.

Show More