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

TSBlondieNYC Launches Official Website Through PAYSITE

TSBlondieNYC has launched an official website through PAYSITE.

Akira Rabbit, Jasmine Lotus Lead Latest From TGirls.Porn

Akira Rabbit and Jasmine Lotus star in the latest release from Grooby paysite TGirls.Porn, titled "Solid Platinum Girls."

Lucy Mochi Makes Her TeamSkeet Debut As August's 'AllStar'

Lucy Mochi has made her debut for TeamSkeet alongside multi-XMAs winner Ryan Driller.

Asteria Jade Makes Her Brazzers Debut

Asteria Jade has made her Brazzers debut alongside Addison Vodka and Scott Nails in “Just Rivals.”

Emma Rose Stars in Latest From TransAngels

Multi-XMAs winner Emma Rose stars with Jayden Marcos in the latest release from TransAngels, titled "Hungry for More."

Harry Sparks Releases 'The Girls of Cosplay: The Extended Edition'

Harry Sparks has released an extended edition of his Sparks Entertainment title “The Girls of Cosplay.”

Teasr Launches Live Shopping Platform for Creators and Sexual Wellness Brands

Teasr has officially launched its live-selling and social-shopping platform for wellness brands, creators, educators, and artisans.

JulModels Launches Cross-Paysite Royalty Generation Feature for Performers and Creators

JulModels has introduced JulRoyalty, a feature that allows performers and creators to earn royalties from their existing scenes and clips.

Aleksa Mink Stars in Latest From Reality Kings

Aleksa Mink stars with Kaby Snow in the latest release from Reality Kings, titled "Pitch My Tent."

FSC Hails Members, Allies in SCREEN Act Victory

The Free Speech Coalition (FSC) released a statement today praising its members and allies after a successful lobbying effort to prevent the SCREEN Act, a nationwide age verification bill, from advancing out of the Commerce Committee for a full vote on the Senate floor.

Show More