Chase Bank Shuts Down Man’s Bank Accounts With No Explanation, Forcing Wedding Cancellation and Flood of Debt Collectors: Report

A California resident is reportedly alleging that Chase Bank shut down his accounts and kept the money in them, throwing his life into disarray.

Brian Adesman, 32, is suing Chase Bank to recover $185,000 that was allegedly in his accounts when the bank closed them “without any notice,” reports The U.S. Sun.

Adesman, a founding lawyer of the Miller Adesman law firm, says he had been a Chase Bank customer for more than a decade and had both personal and business accounts.

“They refused to tell me why they were holding my money. No warning. No explanation. Just silence – while my credit score collapsed and debt collectors flooded my phone…

This wasn’t just my business account. Chase shut down my personal and client trust accounts, too, without cause. It wasn’t policy enforcement. It was financial destruction.”

Adesman claims the bank “destroyed” his life because after the financial institution seized his funds, he was forced to cancel his wedding and move into a caravan due to missing mortgage payments on his Los Angeles apartment.

He allegedly filed complaints against the bank with government regulators, including the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Attorney General and the Department of Financial Services. But more than a year later, he’s still fighting for restitution.

A Chase Bank spokesman says,

“We identified concerning transactions and took appropriate action as permitted by our account terms.”

Chase Bank also points to a separate lawsuit filed by a company in New Jersey that claims it was duped into making fraudulent payments, including $3.7 million deposited into Adesman’s law firm’s account. Chase Bank, however, did not confirm whether the allegations led to the freezing of Adesman’s accounts.

Adesman says he conducted no questionable transactions and suspects the bank flagged him solely after he received lawful settlement payments for legal services provided to a Mexican client. He also says he was unaware of the New Jersey legal case.

“I was never told about, involving parties I’ve never heard of and facts I know nothing about and yet Chase is now pointing to it as some sort of retroactive justification for what they did to me.”

In his initial suit, the lawyer says that Chase vowed to return some of his funds to the tune of $175,649 via a cashier’s check within 10 business days. But Adesman says he never received the promised check.

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