Former Wells Fargo Exec Cheronda Guyton: Photos and Other Details Emerging

Wells Fargo would like for you to believe that the Cheronda Guyton incident is an isolated occurrence.

Guyton, a senior vice president, shown here at her wedding, moved into a multi-million dollar foreclosed property controlled by Wells Fargo and held lavish parties there.

Neighbors in Malibu, CA, reported this after several months. Wells Fargo, hoping to do damage control, fired Guyton.

That is closing the barn door after the horse is gone.

Wells Fargo should have had means to detect, almost immediately, that the property was not being shown to potential buyers.

Wells Fargo should have acted in a matter of hours, not months, to reports that Guyton was living in the house. Wells Fargo should not only have fired Guyton, but pressed theft and trespass charges against her.

At this point, Wells Fargo, at its own expense, should be required to conduct a top to bottom audit of procedures involving control of foreclosed property.

The results of this audit should be made available to taxpayers, who are Wells Fargo shareholders.

Wells Fargo should be required, at its own expense (as in not with bailout money) to implement proper controls to ensure that this will not happen again.

Wells Fargo should be required, at its own expense, to conduct thorough internal investigations to demonstrate this was NOT an isolated incident.

Wells Fargo is also known for its abusive collection practices. Larry Tewell, who manages "card services" signs letters demanding payment or compliance with payment arrangements. He never replies to letters, and is never available to take a call.

Wells Fargo is inconsistent-sometimes they have conflicting records about payment arrangements, and they have been known to return payments when their outsourced and offshore payment processing system is unable to link the payment to an account.

Tewell may not have moved into a foreclosed property, but he has a great deal to answer for as well.