• Report: #737926

Complaint Review: WELLS FARGO MERCHANT SERVICES

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  • Submitted: Tuesday, June 07, 2011
  • Last Posting: Tuesday, June 07, 2011
  • Reported By: storeowner — Beverly Hills California United States of America
WELLS FARGO MERCHANT SERVICES
433 North Camden Drive Internet 90210 United States of America

WELLS FARGO MERCHANT SERVICES WELLS FARGO BANL DECEPTIVE BUSINESS PRACTICES AND DISCRIMINATION, FRAUD Internet

*Consumer Comment: Here's the REST OF THE STORY


1Author 2Consumer 0Employee/Owner

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WELLS FARGO DIVERTED FUNDS FROM MY CREDIT CARD ACCEPTING TERMINAL IN MY BUSINESS, WITH NO REASON OTHER THAN A LETTER THAT OVER $ 51,000 WAS TAKEN AND PUT INTO A RESERVE ACCOUNT

NO REASON WAS GIVEN AND I WAS TERMINATED AFTER FOURTEEN YEARS--NO REASON GIVEN

ALL MONEY WAS HELD

I WAS EVEN CHARGED FOR THE TRANSACTION

MY BUSINESS SUFFERED INTENSE AS WE CAN NO LONGER FIND A BANK TO DEAL WITH ME AS WELLS FARGO DESTROY MY BUSINESS CREDIT BY PUTTING ME ON A MATCH LIST.

AND ALSO WELLS FARGO COULD TAKE ME OFF

THEY PUT A FORECLOSURE ON MY HOME AS WELL AND TOOK EQUITY OF $ 27,000, OUT OF MY HOME TO PAY THEIR CREDIT CARDS, UNAUTHORIZED.

THEY CHARGED ENORMOUS PENALTIES AND INTEREST ON TOP OF THEIR FRAUD

I NEED AN ATTORNEY TO GO AFTER WELLS FARGO BANK BIG TIME, MILLION FOR DISCRIMINATION, FRAUD AND THEY WILL NOT GIVE ME A RESPONSE OF WHERE MONEY IS, THEY ONLY SAY AN AMOUNT IS LEFT, A FRACTION OR HALF AND WILL NOT TELL ME, RESPONSE WHERE OTHER MONEY WENT.

I TALKED TO MANY CREDIT PROCESSING COMPANIES AND THEY TOLD ME WELLS FARGO HAD NO RIGHT TO PLACE MY BUSINESS ON THE MATCH LIST THAT NO ONE ELSE WILL WORK WITH ME, AS ALL MONEIES AND FUNDS WERE HELD, WELLS FARGO NEVER LOST ANYTHING NOR WAS THE BUSINESS OWNER CONVICTED OF FRAUD

AND WELLS FARGO NEVER GAVE AN EXPLANATION WHY THEY STOLE THE MONEY OR HELD IT OR LOST IT, MONEY WHICH NEVER BELONGED TO THEM.

PLEASE WRITE TO ME IF YOU KNOW AN ATTORNEY WHO WOULD TAKE MY CASE ON CONTINGENCY.....I AM A DISABLED STORE OWNER AND CAN GET FEE WAIVERS FOR ALL COURT FILINGS. 

This report was posted on Ripoff Report on 6/7/2011 1:22:31 PM and is a permanent record located here: http://www.ripoffreport.com/collection-agency-s/wells-fargo-merchant/wells-fargo-merchant-services-a5d63.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

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1Author 2Consumer 0Employee/Owner
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#1 Consumer Comment

There is a lot more to this story

AUTHOR: Robert - Irvine (U.S.A.)

From this story it takes about 2/3 of the way down until a very interesting comment is made.

WELLS FARGO NEVER LOST ANYTHING NOR WAS THE BUSINESS OWNER CONVICTED OF FRAUD
- I noticed you didn't say "charged" or "accused" of fraud but CONVICTED.  So we can figure there were at least some charges of fraud and it went to court(or the owner did a plea to keep it out of court).   Then a couple statements later you say that you are a store owner, so are you this business owner who was never CONVICTED of fraud?

Put that on top of them wanting to put $51K in a Reserve(escrow?) account, you having a foreclosure on your house, them using the equity in that house to pay delinquent credit card bills.  All of that sure does seem like there is a lot you are not saying.
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#2 Consumer Comment

Here's the REST OF THE STORY

AUTHOR: mr rik - miami (USA)

WELLS FARGO- 1684 REPORTS TODAY!

Nuff said...
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