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

Leah Hayes, Elizabeth Skylar Front Latest Release From Transfixed

Leah Hayes and Elizabeth Skylar star with Sage Roux in the latest installment of the Transfixed series "Devil's Tgirls."

JustFor.fans Launches Android Version of 'JFF Create' Mobile App

JustFor.fans (JFF) has rolled out an Android-compatible version of its creator management mobile app, JFF Create.

Sophia Sterling Toplines Latest 'Creampie Cuties' From Doghouse Digital

Sophia Sterling headlines the 12th volume of "Creampie Cuties," from Mile High Media studio imprint Doghouse Digital.Directed by Mike Quasar, the title also features Lana Smalls, Emma Rosie, and Ava Amira.

Reptyle to Debut Cross-Site Series 'Dark Mode'

Reptyle is premiering the new limited series "Dark Mode" on studio imprints Swappz, MYLF, TeamSkeet, Pervz, and FreeUse.

Dorcel Drops Franck Vicomte's 'PL4Y #5'

Dorcel has released director Franck Vicomte’s latest title, “PL4Y #5.”

Maddie Wren Makes Her Blacked Debut

Maddie Wren has made her debut for Vixen Media Group studio imprint Blacked alongside Kate Dalia and Hollywood Cash.

Andi Avalon Fronts Latest From Pure Taboo

Andi Avalon stars with Gunnar Bishop in the latest release from Pure Taboo, titled "Measuring Up to His Expectations."

Kink.com Wins Trademark Infringement Case Against Copycat Website

The World Intellectual Property Organization (WIPO) has ruled in favor of Kink.com in a case against a copycat website using an infringing domain.

MYLF Drops New Reverse Gangbang

Krystal Sparks, Lexi Luna, Jessica Aaren, Diabella Eclair, and Juan Loco star in a reverse gangbang release from MYLF, titled "Divorce Party."

Serenity Cox Stars in Latest From Blacked Raw

Serenity Cox stars with Don Sudan in the latest release from Vixe Media Group studio imprint Blacked Raw.

Show More