Sex workers across the industry are reporting that Wells Fargo has sent them notices terminating their accounts effective immediately
Spike Irons and Sofie Marie, who run YummyGirl Studios, a porn production company based out of Las Vegas, also received a letter from Wells Fargo, also dated Aug. 25, terminating their relationship with the bank effective Oct. 13. They had just cashed a check after Marie modeled for, and primarily use the account to pay out independent contractors, such as actors and production staffers.
Adult content creator Leia Way also received the notice from Wells Fargo, even though she says she had been a member in good standing for six years and was primarily using the account to process wire transfer payments from an affiliate marketing program on a cam site. “In this line of work, the feeling of being discriminated never really goes away,” she says. “With that feeling, I am always expecting the other shoe to drop.” She is now in the process of trying to find another bank.
“It’s kind of messed up,” she says. “If I feel unsafe in a financial institution, what’s next? Did they check my background? Why would one or two deposits a year flag my account? I would feel better if someone would give me a straight answer.” The fact that she has been out of the industry for so long, she says, makes her even more disquieted about Wells Fargo’s decision.
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