Wells Fargo Repossesses A Fully Paid Off Car

[TampaYankee]

Wells Fargo Repossesses A Fully Paid Off Car

First Posted: 11- 2-10 08:08 AM | Updated: 11- 2-10 09:05 AM

Keeping up with your car payments, it seems, is not always enough to keep away the repo man. As King 5 TV reports, Adlantis Newton, a Tacoma, Washington, resident, says she faithfully paid her car payments of $299 each month and had a title proving that she owned her 1999 Chrysler LHS. Which didn't stop Wells Fargo from seizing the vehicle anyway. (Hat tip to the Big Picture)

Only after being called by King 5's Jesse Jones did anything happen. Newton tells King 5 News that the President of Wells Fargo -- presumably they're referring to John Stumpf -- called her personally about the matter. The car was soon delivered back to Newton's door.

See the video report at: http://www.huffingtonpost.com/2010/11/02/wells-fargo-repossess-a-f_n_777489.html

[TampaYankee]

Knowing about the shady overdraft practices and now this, who in their right mind would continue as a customer of Wells Fargo?

[BiBottomBoy]

They've also tried to forecloses on some houses where the homeowner didn't even have a mortgage. To be fair, so has Bank Of America.

[TampaYankee]

Wells Fargo Repossesses A Fully Paid Off Car

First Posted: 11- 2-10 08:08 AM | Updated: 11- 2-10 09:05 AM

Keeping up with your car payments, it seems, is not always enough to keep away the repo man. As King 5 TV reports, Adlantis Newton, a Tacoma, Washington, resident, says she faithfully paid her car payments of $299 each month and had a title proving that she owned her 1999 Chrysler LHS. Which didn't stop Wells Fargo from seizing the vehicle anyway. (Hat tip to the Big Picture)

Only after being called by King 5's Jesse Jones did anything happen. Newton tells King 5 News that the President of Wells Fargo -- presumably they're referring to John Stumpf -- called her personally about the matter. The car was soon delivered back to Newton's door.

See the video report at: http://www.huffingtonpost.com/2010/11/02/wells-fargo-repossess-a-f_n_777489.html

What I want to know is: why isn't WF being prosecuted for grand theft-auto?? Oh wait, money talks!! It's called instituional corruption, which permeats the establishment.