Bank says ‘incapable’ Wendy Williams needs conservatorship, Wendy applauds


* We reported earlier that Wells Fargo froze accounts belonging to wendy williams because the bank suspects she is being financially exploited amid reports of her fragile health.

Williams is an “incapable person” who needs guardianship, his bank said Thursday, Page 6 reports.

The output writes, Wells Fargo sent a letter to New York Supreme Court Justice Arlene Bluth requesting a hearing to determine whether Williams needs a professional to intervene in its affairs.

“We are concerned about [Williams’] situation”, lawyer David H. Pikus wrote on behalf of the bank in the letter, which Page Six obtained. “We hope that the guardianship party [of the court] will shortly appoint a temporary tutor or assessor to review the situation and ensure that [Williams’] business is well managed. »

Williams has not hosted her daytime talk show since July 2021 due to ongoing health issues.

READ MORE: Sherri Shepherd to become permanent host of ‘Wendy Williams’ show

Meanwhile, Williams’ attorney Celeste N. McCaw filed an emergency motion alleging Wells Fargo “for more than two weeks” denied Williams access to its “accounts, assets and records.”

Wendy’s former financial advisor Lori Schiller allegedly informed the bank that Wendy “was not of sound mind”.

McCaw noted in court papers that Williams fired Schiller due to “alleged misdeeds” involving his bank accounts as well as “inappropriate conduct in connection with their professional relationship.” However, Williams “continues to rely on Schiller’s advice.”

According to the report, Pikus claimed that Schiller had “recently witnessed signs of exploitation, including [Williams’] expressed apprehensions” about the people around him. He wrote that “other independent third parties who know [Williams] well…share those concerns.

McCaw denies that Wendy “is a victim of undue influence and financial abuse.”

McCaw has sought a temporary injunction against Wells Fargo to restrain the bank from “freezing [Williams’] accounts and interfere with his right to access his financial assets and account statements”.

As reported by SandraRose, Wendy denies in court documents that she is incapacitated, she wrote: “I have submitted several written requests to Wells Fargo and have visited various Wells Fargo branches in the South Florida in an effort to resolve this issue outside of the courtroom.

A Wells Fargo spokesperson said in a statement to Page Six on Thursday: ‘We deny any allegations of improper actions regarding Ms. Williams’ accounts and are fully participating in a legal process to reach a resolution that is in her best interests. . The financial well-being of our customers is at the heart of everything we do. »


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