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

SWR Data Announces 2026 'State of Creator' Winter Report

Adult industry market research outfit SWR Data has announced that it will release data from its annual State of the Creator survey at an XBIZ LA workshop, taking place at the Kimpton Everly Hotel.

Holly Randall Launches Marketing Firm, Signs Stripchat Deal

Holly Randall has launched her new marketing firm, Holly Randall Agency, and signed the agency’s first deal with Stripchat.

Agatha Vega Returns to Dorcel for 'Agatha's Secrets'

2024 Euro XMAs Performer of the Year Agatha Vega stars in the new Dorcel title “Agatha’s Secrets.”

2026 XBIZ Conference Speaker Lineup Announced

XBIZ is pleased to announce the release of the full speaker lineup for XBIZ 2026, the latest edition of North America’s largest adult industry conference, set to take place Jan. 12-15 at the Kimpton Everly Hotel in Hollywood.

Sarah Arabic, Ashlyn Peaks & Cali Sweets Star in Latest 'All-Girl Massage'

Sarah Arabic, Ashlyn Peaks, and Cali Sweets star in the latest installment of Adult Time series "All-Girl Massage."

Alexis James Makes Her Elegant Angel Debut

Alexis James has made her debut for Elegant Angel in a new scene titled “Fit For Anal.”

Clara Mia Leads Dorcel's 'Climax #5'

Multi-Euro XMAs winner Clara Mia headlines the latest release from Dorcel, titled “Climax #5.”

Dreamcam Rolls Out Browser-Based Passthrough VR

Dreamcam has introduced passthrough VR to its livestreaming platform.

2026 TEAs Nominees Announced

Nominees for the 2026 Trans Erotica Awards (TEAs), presented by Clips4Sale, have been announced. The ceremony will return to the Avalon in Hollywood on Sunday, March 8.

JD Directs New Arya Santana Showcase

Evil Angel has released director JD’s latest showcase, titled "Bad Behavior: Arya Santana."

Show More