Wells Fargo Sued for Allegedly Freezing Customer's Account and Seizing $200k After Deposit from Late Mother's Estate

Wells Fargo allegedly froze a customer's account and seized $207,765 after he deposited a legitimate check from his late adoptive mother's estate.

The customer, Ethan Parker, says Wells Fargo accused him of check fraud and denied him access to the funds without adequate explanation, even after he provided confirmation of the check's validity.

Parker filed a lawsuit asking the court to force Wells Fargo to release the seized funds, claiming the bank's actions left him unable to make house payments.

Wells Fargo says it plans to defend its actions, believing it "took the appropriate actions" in response to the large deposit.

The lawsuit accuses Wells Fargo of improperly closing accounts over unsubstantiated fraud accusations, with lawyers seeking other potential victims.