Update: Blac Youngsta Doesn't Have a Wells Fargo Account nor Did He Withdraw Money, Bank Claims

He's got some explaining to do...

UPDATE: After Wells Fargo denied that Blac Youngsta had an account, he produced alleged proof further conflicting their story. Per the letter posted on Instagram today, the Wells Fargo account was closed “because of a business decision.”

Youngsta has since decided to take his money to Bank of America


PREVIOUS: In a strange turn of events in the Blac Youngsta/Wells Fargo money withdrawal/potential police overreach saga, it may be that Yo Gotti's artist was lying this whole time.

After the rapper insinuated that the bank had something to do with Youngsta’s confrontation with police, Wells Fargo issued a statement via HipHopEnquirer claiming that not only did he not make a withdrawal from their Atlanta branch that day, but he doesn’t even have an account with them and did not enter the bank.

Reports also relayed that Black Youngsta withdrew $200,000 from his account. Well, even that's in question as police issued their own statement claiming it was only $70,000 and it was his manager’s money, not even his. They did apologize for holding him, though, and charged the real suspect, 39-year-old Charles Darnell, with first-degree forgery after Youngsta was set free.

The initial story seemed like a case of severe law enforcement overreach but now the tide has turned. Youngsta still hasn’t been charged with passing a bad check, so him being profiled is still very real. Police claim they received a 911 call with a description of a suspect from the bank that was “limited and conflicting,” which gave them the work-around to detain him. That’s perhaps still the case, but the story about him withdrawing the money to buy a car or that he’s a “multimillionaire” is now in question, to say the least.

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(Photo: Prince Williams/FilmMagic)

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