Blac Youngsta says Wells Fargo closed his account after he was detained by police for having $200k

photo: @blacyoungstafb

Blac Youngsta says that Wells Fargo closed his account after the incident he had with police. According to a post on Instagram, Blac Youngsta (Sam Benson) took a screen shot of a letter that was recently sent to him by Wells Fargo.

In the letter, which features a Wells Fargo letterhead, it says, “Dear Sammie M. Benson, We are writing you to let you know that we have begun the process of closing your accounts because of a business decision to end your deposit account relationship with Wells Fargo.”

Initially, it was reported that rapper Blac Youngsta (Sam Benson) was detained by Atlanta Police after he withdrew $200,000 from a bank. On Jan. 8, Blac Youngsta was detained by police while in the parking lot of a Buckhead Wells Fargo. While in handcuffs, it was discovered that the Memphis-based rapper had $200,000 in cash. Black Youngsta told reporters at WXIA that he withdrew $200,000 from the bank and had $1.3 million in his account. He and others on social media believed that he was being racially profiled for having so much money. Blac Younsta was eventually released from police custody. It was determined that Wells Fargo managers called the cops after someone attempted to cash a bad check for $24,000.

Wells Fargo later claimed that Blac Youngsta did not have an account with the bank and never made a withdrawal. But Blac Youngsta is suggesting that his account wasn’t closed until after the incident with police.

Many of his followers on social media are suggesting that he sue Wells Fargo for faulty business practices. Somewhere, the truth does exist, but it there is a good chance that it will remain unrevealed.

In another post on Instagram, Blac Youngsta is seen with a bag filled with money shaking the hands of a branch manager at Bank of America. That caption reads, “Taking my talents to Bank of America.”

Checkout the letter that Blac Youngsta posted below:


A.R. Shaw
A.R. Shaw

A.R. Shaw is an author and journalist who documents culture, politics, and entertainment. He has covered The Obama White House, the summer Olympics in London, and currently serves as Lifestyle Editor for Rolling Out magazine. Shaw's latest book, Trap History, delves into the history and global dominance of Trap music. Follow his journey on TrapHistory.Com, Twitter @arshaw and Instagram @arshaw23.

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