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‘Moral issues’ lead banks to refuse porn stars bank accounts and loans

  • Porn stars are being turned away by banks because of ‘moral issues’
  • Several  adult entertainment stars have been rejected by major banks
  • Lawsuit will now decide whether such decisions are discriminatory
  • Adult entertainment industry worth $14 billion a year

Being a porn star might not meet the approval of everyone you meet but you might think your bank manager would be one person who wouldn’t have cause to complain.

Adult film actress Chanel Preston has starred in close to 150 porn flicks and is well compensated for her time, but now it appears she is having trouble keeping a bank account.

Preston recently opened a business account with City National Bank in Los Angeles, the so-called ‘bank to the stars’, but when she went to deposit checks into the account days later, she was told it had been shut down, due to ‘compliance issues’.

Upon asking the manager who originally helped to open the account she asked what had happened.

He told her that the bank was worried about the raunchy and explicit webcam shows that appeared on her site and had closed the business account.

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