JPMorgan Chase angers hundreds of porn stars after suddenly closing their checking accountsBy Mason White 1:29 PM May 1, 2014
|JPMorgan Chase building|
By: Devansh Dutt
Porn stars are angry after JPMorgan Chase singled them out and closed their accounts.
Porn stars are known to make a lot of money.
Last year, the adult entertainment industry generated close to $5 billion in revenue in the United States alone.
However, it seems like JPMorgan Chase wants no part of that money.
JPMorgan Chase has ordered the closure of hundreds of bank accounts registered in the names of the people who work in the adult entertainment industry, sparking outrage and speculation throughout the country.
Chase Bank, a subsidiary of JP Morgan Chase, began sending letters to adult entertainment workers informing them their accounts will be closed.
The letter, which was posted to social media by various people, gave no further details as to why they were targeted.
Porn star Teagan Presley wrote on her social media page: “Thanks to Chase for closing my personal account I’ve had since I was 18 years old. I was with Washington Mutual before you bought them out. It’s ridiculous because I don’t do business with that account. I just paid my household bills through that account,” she added.