Wendy Williams is addressing the ongoing financial controversy involving her bank Wells Fargo.
Since taking a hiatus from her show, “The Wendy Williams Show,” Williams has been plagued with numerous scandals about her physical and mental health.
However, things took a more intense turn when her financial institution deemed her not of sound mind, making it impossible to access her money.
Wells Fargo Requested Guardianship For Wendy Williams
As The Blast previously reported, in February, news broke that Williams’ bank Wells Fargo believed that the renowned show host wasn’t mentally fit to handle her money and needed someone to monitor her finances.
Per legal documents obtained, the financial institution wrote a letter to a New York City Judge demanding that a hearing take place to determine if Williams needs a personal “guardianship” in charge of her money.
“We are concerned about [Wendys’] situation, It is our hope that the Guardianship Part [of the courts] will immediately appoint a temporary guardian or evaluator to review the situation and ensure that [Wendys’] affairs are being properly handled,” the attorney of the bank wrote.
Wells Fargo went as far as deeming Williams “incapacitated” and claimed she was “the victim of undue influence and financial exploitation.”
The bank’s concerns were seemingly supported by Williams’ former financial adviser Lori Schiller who declared her of “unsound mind,” and confessed to having “witnessed signs of exploitation.”
Schiller mentioned that Williams herself “expressed apprehensions” about those in her life and “other independent third parties” close to Wendy shared similar concerns.
At the time, the show host’s lawyer fired back at the institution, filing an emergency petition and denying all claims of financial exploitation.
Her lawyer claimed that for more than two weeks Wells Fargo had denied Williams access to her “financial accounts, assets and statements.”
Williams’ attorney demanded that her accounts be unfrozen as she was defaulting on several financial obligations including mortgage and employee payroll.
Williams Claps Back At Wells Fargo, Demands Money
Through the entire controversy, Williams’ wishes have been communicated through her legal team. However, the queen of daytime television had decided to take matters into her hands.
In a surprise turn of events, Williams sat down for her first public interview since taking a hiatus to address the situation. During her exclusive sit down with “Good Morning America,” Williams shed light on the issue,
While chatting with host TJ Holmes, the 57-year-old shared that she’s not in agreement with Wells Fargo’s claims.
”They say that I need somebody to handle my account. And I don’t want that. I want all my money. I want to see all my money that I’ve worked hard for my entire life,” she declared.
The mother-of-one continued, explaining that she had worked hard all her life and wasn’t ever involved in anything illegal to earn such treatment.
When asked by Holmes why Wells Fargo would come to the conclusion that she was a victim of exploitation and in need of a conservatorship, Williams said:
I want to spend more time with my family. And you know, working out and waiting for the responses to my money situation and Wells Fargo. And they don’t like that. I’ve worked hard every single day, even on days when you know, I might have a little cold.
Williams explained, noting that in the past whenever she was sick, she always managed to still do her show. However, her recent illness didn’t afford her such luxury which she believes is the reason behind the bank’s behavior.
Wells Fargo is yet to respond to Williams’ recent revelation, but in past statements have insisted they were working with her best interests in mind.
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As for her well-being, Williams assured during the interview that she is absolutely of sound mind. Although she didn’t give camera access, the show host sounded vibrant.
As you might know, the television personality was booted off her show after she couldn’t make a return due to health struggles.
As a result, Williams was replaced with Sherri Shepherd as a new host, and “The Wendy Williams Show,” would take on a new name in light of Shepherd coming on board.
Giving an update about her health, Williams said, “health is very well and I’ve actually had a few appointments. You know I’m 57 now. And I have the mind and body of a 25-year-old.”
When asked if she’ll ever return to hosting, Williams said, “Give me about three months. There are private things that I have to deal with and then I’ll be ready to come back and be free and ready to do my thing.”
She concluded the interview with one message to fans, “This is what I would love to say to my Wendy watchers: Keep watching because I’m going to be back on the Wendy show bigger and brighter than ever!”