No relief for Wendy Williams as she is STLL BARRED from accessing $20M fortune by her bank Wells Fargo
NEW YORK CITY, NEW YORK- Looks like the personal crisis stalking Wendy Williams is not ending anytime soon. The former daytime TV show host has been prohibited from using her estimated $20 million fortune.
Williams has been embroiled in legal battle with her bank Wells Fargo ever since her bank accounts were frozen in January 2022. This effectively stops Williams from accessing her own money until she can prove she is competent to handle her own funds in court.
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The 58-year-old's accounts were frozen after her bank alleged that she is a victim of exploitation, dementia, or undue influence in explosive court filings. Wendy was expected to regain access to her accounts and her American Express card in July after a financial guardian was appointed to control it. One source said to The US Sun, "her team has not been paid since these accounts were shut. Her manager is relatively new, but there are people who have been working for her this entire time and they haven't seen a dime since the accounts were closed either."
A second source revealed that Wendy gets a regular allowance through the financial guardian, but that is not enough money. The insider said, "she gets money through the financial guardian, but it's not like the level of money Wendy Williams would need to get by in New York City. Her manager is footing the bill for a lot of her personal upkeep right now." A third source said that the Wendy's manager, Will Selby, is figuring out a way to help her get back her accounts. The source said, "Will has been trying to prove that the people who were previously involved in Wendy's finances are no longer a part of her team," adding, "he is hoping that by being able to show that Wendy has severed ties with certain people, that she has a chance to regain access to her money at some point."
It's unclear as what led to Wendy not getting her accounts back by July, since all of the filings have been under seal after the case moved to guardianship court. Wendy's manager Will confirmed to The US Sun that he is trying to help her navigate the frozen accounts. He said, "whatever was supposed to happen in July with the accounts being unfrozen, didn't happen."
Wendy claimed recently that she had tied the knot with a police officer named Henry, a claim which her manager denied. In a video posted recently, Wendy is seen showing her ring to a fan.The fan then asked Wendy, "What do you have to say for the camera?" To which Wendy replied, "He's out buying, getting stuff, waiting for him to come back."
Wait this is heart breaking wendy williams is not doing good rn pic.twitter.com/3d0AtSS4h2— b (@bitterhoh) August 1, 2022
Meanwhile, Wendy has stopped hosting her signature show since June and has been keeping a low profile as she battles health issues. The 58 year old has been in a turbulent phase, with her behaviour shocking her fans and well-wishers alike.