Bank Of America Faces Backlash Over Account Closure Of Adult Star Cherie Deville

Cherie DeVille's Banking Battle

Bank of America is under fire after adult film star Cherie DeVille claimed they shut down her accounts due to her profession. The financial giant, however, insists the move was all about regulatory compliance. According to a statement, the closure of DeVille's accounts was due to "recent transactional activity" and not her career in adult entertainment.

DeVille, a long-time customer, voiced her frustration saying, "So Bank of America has just fired me as a customer." She emphasized that her business is legal, and her accounts were closed not for any illicit activity but because she's an adult content creator. "I, like all legal businesses, deserve access to banking just like any other law-abiding American," she argued.

DeBanking Dilemma

The incident highlights a broader issue known as 'debanking,' where individuals in certain industries lose access to banking services. DeVille pointed out that this isn't an isolated case, mentioning an executive order by former President Trump addressing such issues, albeit not targeted specifically at her industry.

“If you're operating a legal business and following the law, you shouldn’t lose access to banking just because somebody doesn’t like what you do,” DeVille stated.

Despite securing services with a new bank, DeVille acknowledges the challenge for others in her field, noting, "Not everybody has that privilege." By sharing her story, she hopes to shed light on the persistent challenges individuals face in so-called vice industries.

Raising Awareness

DeVille hopes her experience will bring attention to the practice of debanking, and invites others to share their stories. "If it can happen to me, someone with a long banking history, it can really easily happen to a lot of other people," she remarked.

As the conversation continues, DeVille urges her followers to consider the impacts of such banking practices and to speak out if they or someone they know has faced similar issues.