It appears that Wells Fargo plays no games with it’s execs that take advantage of the system. Cheronda Guyton, a VP in Wells Fargo Foreclosure Assets division (and USC Graduate) was giving the “boot” after word spread that she was living in a recently “foreclosed” $12Million Dollar shack in the posh Malibu Colonies enclave.
It appears that the previous owners (Madoff Victims) who surrendered the property in lieu of a large amount of monies owed to Wells Fargo for outstanding debt, had a few friends in the enclave that were concerned about the activities and goings on at the exclusive address…ya know…parties and lots of guests. We’ll, after some neighbors did some snooping, Ms. Guyton was identified as the primary living at the property.
Identified as a WF executive…the news broke and like “stuff hittin’ the fan”, Ms Guyton was the searchin for cover like a refugee in Afghanistan.
We’ll it appears that Ms. Guyton was living in this WF held property “gratis” and unbeknownst of the companies knowledge…a property seized and held by the foreclosure division she managed.
We’ll needles to say, Wells Fargo finally made a good decision after the many bad decisions over the last few years (ya’ know…bad sub-prime loans and all).
WF execs canned Ms. Guyton…not only was it bad judgment and showed a lack of empathy for the prior owners & victims to one of the largest scams played on the American public, it was just plain stupid!
