Cheronda Guyton Picture Gets Bank Executive Sacked

Wells Fargo senior vice president fired

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Thanks to the sub-prime mortgage crisis and all it entailed, most people in the U.S. now know that when a house is foreclosed or reclaimed, it becomes property of the bank that holds the mortgage papers. Apparently, Wells Fargo Senior Vice President Cheronda Guyton got confused about what “property of the bank” means.

It’s odd that she didn’t understand the company policies about reclaimed proerty ebcause Cheronda Guyton was responsible for the foreclosed commercial properties division. A Cheronda Guyton picture shows that the high-level seemed to think that Wells Fargo property was her property. She was caught throwing a party in a $12 million Malibu mansion that the owners had been evicted from.

What does this have to do with Bernie Madoff?

So do people who owns a $12 million home in Malibu get kicked out of it? Turns out, the couple that owned the property got mixed up in the whole Bernie Madoff Ponzi scheme business. CBS says “they were financially devastated by Bernard Madoff’s fraud scheme.”

They had completed their personal loan application … click here to read the rest of the article titled “Cheronda Guyton Picture Gets Bank Executive Sacked“