It seems an Executive at Wells Fargo lost touch with reality and moved into one of the companies foreclosed properties… Cheronda Guyton a senior vice president in charge of managing foreclosed commercial properties allegedly moved into the home shortly after the previous owners moved out of the home in May. Neighbors reported Mrs. Guyton, along with her husband and two children, often hosted guests at the home, including a large party in August which had guests arriving on yachts!!! The Los Angeles Times reports the 3,800-square-foot home offers direct access to the beach and has been listed as a $60,000 per month vacation rental since April. The home is located in Malibu Colony about 25 miles from downtown LA in a community of luxury homes that are a favorite of Hollywood celebrities. “We deeply regret the activities that have taken place as they do not reflect the conduct we expect of our team members. We continue to place the highest value on honesty, trust and integrity to guide our team members in making business decisions each day,” the nation’s fourth largest bank said in a statement.
Needless to say, Wells Fargo has fired Cheronda Guyton for holding parties in a foreclosed home.
** PS, The previous owners were financially robbed in the Bernard Madoff’s scandle… SMDH
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