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

Judge Dismisses Last NCOSE-Backed Suit Over Kansas AV Law

A federal judge on Monday dismissed a lawsuit alleging that adult site SuperPorn violated Kansas’ age verification law, citing lack of jurisdiction after similarly dismissing two related cases earlier this year.

ASACP Rolls Out 'Restricted to Adults' Labeling Tool Updates

The Association of Sites Advocating Child Protection (ASACP) has updated its Restricted to Adults (RTA) labeling system.

Zariah Aura, Dee Williams Front Latest From Transfixed

Zariah Aura stars with Dee Williams in the latest release from Transfixed, titled "Showing Her a Few Steps."

Yhivi Returns to HardX

Yhivi stars with Codey Steele in the latest release from XEmpire studio brand HardX, titled “Anal Fest With Yhivi.”

Charlotte Sins, Scarlett Alexis & Alison Rey Star in Latest 'Lez Be Bad'

Charlotte Sins, Scarlett Alexis, and Alison Rey star with multi-XMAs winner Casey Calvert in the latest installment of Adult Time series "Lez Be Bad," titled "A Little Help From Our Friends."

Asteria Jade Performs 1st Anal for Private

Asteria Jade performs her first anal scene alongside Dorian Del Isla in Private’s latest release.

Leilani Li, Blake Lovely Star in Latest From TGirls.Porn

Leilani Li and Blake Lovely star in the latest release from Grooby paysite TGirls.Porn, titled "The Cat Women."

Emma Rose, Chris Epic Front New Release from Grooby

Multi-XMAs winner Emma Rose and Chris Epic star in the latest release from Grooby Girls, titled “I Need to Check Your Plumbing.”

Nata Gold Toplines Latest Volume of David Perry's 'Sexual Desires'

Nata Gold headlines the third volume of director David Perry's “Sexual Desires” from Evil Angel.

Raissa Bellini, Koda Monroe Lead Latest From Brazzers

Raissa Bellini and Koda Monroe star with JMac in the latest release from Brazzers, titled "Pussies in Paradise."

Show More