Unless your name happens to be "Kier"
- Opening these accounts for Kier Management without the required supporting documentation;
- Failing to close the accounts because the required supporting documentation was not provided; and
- Permitting these accounts to remain open for over 4 years.
Somehow Kier Management, (with the assistance of James Urie at Wells Fargo Bank) , was able to open 2 DBA checking accounts, and was able to keep them open FOR 4-YEARS ... without filing a DBA for either account.
Wells Fargo's Response?
- Pay me the nearly $7,000 that Kier stole from my account on November 25, 2009;
- Buy the DBA for my building back from the company that now holds it; or
- Make restitution to me for the loss of the DBA; and
- Make a public admission that Wells Fargo Bank violated Federal Banking Laws by opening these accounts for Kier Management and that due to these illegal banking practices, Kier Property Management and Wells Fargo Bank, caused a department of the U.S. Government (HUD) to pay out hundreds of thousands of dollars to a company that didn't legally exist for 4 years.
Wells Fargo Bank, violated Federal Banking law and allowed these accounts to remain open for 4-years, without notifying the account holder. Had Wells Fargo Bank followed Federal Banking law and closed these accounts as required by law, I would have likely discovered Kier's negligence and mismanagement of my building LONG before they had run it into the ground.
In this email to Terri Muchmore, Gordon Neilson (Kier CFO) responds for her, with the admission that Kier never filed the DBA's in order to legally open these checking accounts.
Neilson's apparent misconceptions on banking practices become clear as he is obviously under the impression that it is permissible to open a DBA checking account without the required, supporting documentation, provided that you use the account for, "name recognition only" and not as the primary checking account for the business.... Oh wait.....Oops!!
Neilsen's misconceptions on banking and his extreme paranoia and incoherence become painfully obvious in this email.
Neilson is evidently under the impression that having an email address in the name, "Peery Apartments" is all the supporting documentation one needs, in order to open a business checking account in the same name.
Brrrinng!!..... Hello, Google?... Yes, I want to open a DBA-Business Checking Account with Wells Fargo Bank, but I'll need to have the following email address first...
In this copy of a Business Entity Search, you can see that the name, "Peery Apartments" was taken on March 25, 2009... Just 8 months prior to the termination of my 4 year, disasterous contract with Kier.