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View Full Version : Look out the Bank Nazi's are on the march!


OntheRail
12-04-2014, 07:08 PM
Ok Yesterday I get a certified letter from my Bank asking for me to contact them for a conference call and interview. So today I call. They start grilling me about some wire transfers to Asia for company stock purchases direct from a supplier... what I'm getting and why and so forth. Tell them it really is none of their business what I'm legally purchasing with my funds. However I co-operated. The Bank Nazi gets all bent after realizing that the purchases are business related. To which I said why yes it is and again what concern was it to them?

Well she goes on what are these entries... starts rattling off my ADW's... Bris.. Bloodhorse...DRF, Progressive Handicapping... and Gale Howard plus a lottery website. Then asks if they are gambling related?

Which I said "Bris.. Bloodhorse...DRF, Progressive Handicapping..." it was Horse Breed Consulting for questions related to possible breeding for horse stock.

To which the Bank Nazi declared was gambling and said "it all stops". That all of the things I listed are banned and if it continues they are seizing my account and shutting it off, plus blocking all of my ATM purchases.

Now I explained that the Gail Howard thing was nothing but a software disk. Bris was past performance information and not a gambling website.
That Progressive was a site that only provides breeding information.
And the Bank Nazi would not allow the use of my account at all to deal with these companies.

Also railed on about the ADW's which I explained is legal in the USA. That only lottery sales across state lines are banned. I told them they need to research that and they will see that I'm right.

The Key Bank Nazi said their bank FROWNS on these transactions and can not protect me if any other person got access to the account. Now we all know that has happened at major retailer and banks.
This is how Key Bank in Ohio is operating and basically dictating to me what I can do with my money. After cleaning my barn I wondered if I should call them and ask them what I'm allowed to eat tonight... :rolleyes:


Anyway. The problem did not begin UNTIL I won money and had it wired back into my account. So I think if I would have asked for a check to be sent I would of not been targeted by the Key Bank Nazi's.
So now everyone dealing with that bank I would suggest a check because winning burned me with using that bank. Even though I have used it for years and years. So tomorrow I end a 30+ year relationship with that bank.
I really think they need to go examine the Country they set business up in. Last I heard it was USA not North Korea.

Greyfox
12-04-2014, 07:29 PM
So tomorrow I end a 30+ year relationship with that bank.
.

Smart move.:ThmbUp:
I wouldn't have waited until tomorrow.

Stillriledup
12-04-2014, 07:33 PM
Smart move.:ThmbUp:
I wouldn't have waited until tomorrow.

I agree, you can't have people you do business treat you like a criminal.

The way i look at it this. Either you are a criminal or you're not.....so, if you're an actual criminal, they need to report you to authorities...if you're NOT a criminal, than they need to treat you like someone who is an upstanding citizen.

How funny and ironic is it that banks are the ones treating honest Joe's in society like crooks when banks and bankers are the reason that this big recession happened....and the govt is giving THEM all this free money, the banks have essentially stopped giving Joe Blow simple interest and there are no more money markets and yet THEY are the ones treating people like common criminals.

its incredible if you really stop and think about it.

OntheRail
12-04-2014, 08:15 PM
Smart move.:ThmbUp:
I wouldn't have waited until tomorrow.
It was to near the end of the day to start ending it with them... I'm just stunned by this. :faint:

Stillriledup
12-04-2014, 08:22 PM
It was to near the end of the day to start ending it with them... I'm just stunned by this. :faint:

Sorry to hear this and there's no doubt it feels terrible to be a 30 year customer and get treated like that.

chadk66
12-04-2014, 08:25 PM
After I pulled my money out I would have my attorney draft them a nice little letter just for giggles. Banks squirm big time when attorneys get involved.

johnhannibalsmith
12-04-2014, 08:38 PM
Welcome to freedom beginning tomorrow.

The third and final sentence on my end would have been "Goodbye."

castaway01
12-04-2014, 08:47 PM
After I pulled my money out I would have my attorney draft them a nice little letter just for giggles. Banks squirm big time when attorneys get involved.

That's a good idea---definitely do this.

OntheRail
12-04-2014, 08:47 PM
I agree, you can't have people you do business treat you like a criminal.

The way i look at it this. Either you are a criminal or you're not.....so, if you're an actual criminal, they need to report you to authorities...if you're NOT a criminal, than they need to treat you like someone who is an upstanding citizen.

How funny and ironic is it that banks are the ones treating honest Joe's in society like crooks when banks and bankers are the reason that this big recession happened....and the govt is giving THEM all this free money, the banks have essentially stopped giving Joe Blow simple interest and there are no more money markets and yet THEY are the ones treating people like common criminals.

its incredible if you really stop and think about it.

All my imports are cleared and declared... Betting on the ponies is not the Online Poker/Gambling that this ding-a-ling has confused it with. Bloodhorse... DRF... Progressive nor Bris can be considered gaming sites. And Gale Howard sells CD program that the wife purchased from. I'm going to see if I can get the Bank Nazi to send me a list of online businesses that she Frowns on and that I can no longer perform commerce with according to her.

Where will it stop... oh you go to the beverage store to often... we're denying all transaction of that nature. Oh you eat out to much... Denied or fuel your vehicle way to often.... Denied.

Sure they want to look out for me... :rolleyes:

Then as you said pay some interest on my money and stop nickel and dimming me to death.

It's my money if I choice to spend it in a fashion that is legal... so be it. Guess I'll be Green dotting it for a week or so till my new account is set up. Local Branch Manager will not be happy when I see em' in the morning... You can take that to the bank. ;)

Stillriledup
12-04-2014, 08:55 PM
All my imports are cleared and declared... Betting on the ponies is not the Online Poker/Gambling that this ding-a-ling has confused it with. Bloodhorse... DRF... Progressive nor Bris can be considered gaming sites. And Gale Howard sells CD program that the wife purchased from. I'm going to see if I can get the Bank Nazi to send me a list of online businesses that she Frowns on and that I can no longer perform commerce with according to her.

Where will it stop... oh you go to the beverage store to often... we're denying all transaction of that nature. Oh you eat out to much... Denied or fuel your vehicle way to often.... Denied.

Sure they want to look out for me... :rolleyes:

Then as you said pay some interest on my money and stop nickel and dimming me to death.

It's my money if I choice to spend it in a fashion that is legal... so be it. Guess I'll be Green dotting it for a week or so till my new account is set up. Local Branch Manager will not be happy when I see em' in the morning... You can take that to the bank. ;)

Im sure you've been doing business in the same way for quite a while, right? Its not like the transactions you were making are new to you and your history, its pretty bad that they treated you like this without thinking to themseleves "lets make sure this is not legit before we roast this guy over the coals" and they didnt do that.

But, we are in the new age of doing business, just treat the customer like crap, alienate him, insult him, treat him like a criminal and if he's actually honest, oh well, oops.

OntheRail
12-04-2014, 08:57 PM
After I pulled my money out I would have my attorney draft them a nice little letter just for giggles. Banks squirm big time when attorneys get involved.

Yep that's the drift I'm leaning to... better if I can get it in writing from them. What would be good to include in such a correspondence. Just to give him a direction? If I may call upon the collective wisdom of PA.

chadk66
12-04-2014, 09:05 PM
just to show u how out of hand it has gotten here is a nice little story. back in late 07' I closed a business I had. A couple years later I got a letter from the state telling me I had over paid workers comp. Had a three hundred dollar credit. I asked them to send me a check for it but make it out to me and not the business since I closed the business and have no account with the business name anymore. well low and behold they send me a check made to the business. so I take it to my bank which I have been doing business with for a long time. The president is a good friend of mine. they would not cash it since it was in a business name. 9/11 changed a pile of stuff in the banking world and this was one of them. they are scared to death of the feds.

MONEY
12-04-2014, 09:37 PM
It's not bank Nazi's that are preventing from doing what you want with your
money. It's Obama.

All banks may soon have to cave in to Operation Choke Point.

Operation Choke Point is an ongoing initiative of the United States Department of Justice that was announced in 2013,[1] which is investigating banks in the United States and the business they do with payment processors, payday lenders, and other companies believed to be at higher risk for fraud and money laundering.

http://en.wikipedia.org/wiki/Operation_Choke_Point

Milkshaker
12-04-2014, 09:53 PM
Where will it stop... oh you go to the beverage store to often... we're denying all transaction of that nature.

Umm, guess what?

This is already happening.

Credit card companies can and do deny or cut back credit based on the types of purchases you make.

Alcohol, porn, marriage counseling and psychological therapy are among the credit card no-no purchases listed on the Consumerism Commentary website (http://www.consumerismcommentary.com/10-purchases-that-can-harm-your-credit/).

I thought the oddest inclusion on the list was this:

"Retreading your tires. If you choose to retread rather than replace tires, credit card companies assume you do not have the money to properly maintain your possessions. And if the issuers believe you have less money than you may have indicated when you applied for the card, they might choose to reduce your benefits."

Tom
12-04-2014, 10:42 PM
The third and final sentence on my end would have been "Goodbye."

Not mine......not even close! :cool:

JustRalph
12-04-2014, 10:44 PM
@KeyBank_Help Key, is this how you treat businessmen engaged in totally legal transactions? He’s a horse trainer! http://t.co/d3cahii4CE

I suggest everybody on PA that has a Twitter account tweet the account

@KeyBank_Help

With a similar tweet.

I copied Steve Byk on the tweet. Maybe Steve might find it an interesting topic for his XM/Sirius radio show

mostpost
12-04-2014, 10:49 PM
I thought it was the government that was going to take away our freedoms. :confused: :confused:

taxicab
12-04-2014, 11:31 PM
Not mine......not even close! :cool:
:lol: :D

taxicab
12-04-2014, 11:35 PM
Actually I have nothing to add to this thread.
I just wanted to give the OP a shout out for working "Bank Nazi's" into the thread title. :ThmbUp:

OntheRail
12-05-2014, 12:12 AM
Umm, guess what?

This is already happening.

Credit card companies can and do deny or cut back credit based on the types of purchases you make.

Alcohol, porn, marriage counseling and psychological therapy are among the credit card no-no purchases listed on the Consumerism Commentary website (http://www.consumerismcommentary.com/10-purchases-that-can-harm-your-credit/).

I thought the oddest inclusion on the list was this:

"Retreading your tires. If you choose to retread rather than replace tires, credit card companies assume you do not have the money to properly maintain your possessions. And if the issuers believe you have less money than you may have indicated when you applied for the card, they might choose to reduce your benefits."

That is interesting along with the Choke Point link. But I can see some cases regarding the use of Credit as that is OPM... and some can and do splurge when using plastic. In my case it's my hard earned money and money won that was transferred back into the account that I'll get a W-2's on. There is no fraud or criminal action on my part. If anything it's some Tipper Gore clone out on a which hunt.. wielding power that's not being applied correctly.

Not mine......not even close!
Tom I'm quite sure I can guess your last word. :lol:

OntheRail
12-05-2014, 11:42 PM
Just an update...

Total reversal from Key Bank. I don't know if someone educated them to the fact's of the matter or what. The original persons supervisor called. We spoke about the way I was treated and they said that the persons actions were way out of line and would be dealt with. I still went into the Bank and removed all funds but what will be needed to cover activity pending. As noted Bank Manager was surprised and overly apologetic after I told them of what had transpired... Was insured that they would be calling the supervisor and first person along with Costumer Relations. The bank asked me to please reconsider ending our long time relationship. It was admitted that all activity and web sites are in fact legal.

So thanks everyone for your moral support and I hope others don't have to go through this and as was stated earlier, be roasted before any proof was found of wrong doing.

Tom
12-06-2014, 12:04 AM
I still went into the Bank and removed all funds but what will be needed to cover activity pending.

I hope you stole the pens on your way out!

JustRalph
12-06-2014, 12:21 AM
Just an update...

Total reversal from Key Bank. I don't know if someone educated them to the fact's of the matter or what. The original persons supervisor called. We spoke about the way I was treated and they said that the persons actions were way out of line and would be dealt with. I still went into the Bank and removed all funds but what will be needed to cover activity pending. As noted Bank Manager was surprised and overly apologetic after I told them of what had transpired... Was insured that they would be calling the supervisor and first person along with Costumer Relations. The bank asked me to please reconsider ending our long time relationship. It was admitted that all activity and web sites are in fact legal.

So thanks everyone for your moral support and I hope others don't have to go through this and as was stated earlier, be roasted before any proof was found of wrong doing.

After my tweet last night, they sent me a message this morning asking for more info........I communicated with them......I guess it got through......social media is an interesting factor nowadays :ThmbUp: all it took was one tweet

castaway01
12-06-2014, 09:09 AM
After my tweet last night, they sent me a message this morning asking for more info........I communicated with them......I guess it got through......social media is an interesting factor nowadays :ThmbUp: all it took was one tweet

Nice job!

Tom
12-06-2014, 09:27 AM
Nice, Ralph!
The light of day has a way of making vermin change theirs tones.

Robert Goren
12-06-2014, 11:58 AM
Unless your transactions are over or slightly under $5K(used to be 10K), why is anyone at the bank even looking at the transactions? There is some thing rotten in Demark.

Dave Schwartz
12-06-2014, 12:30 PM
I am amazed.

While I am gladdened that they got it in the end, I am saddened that they got it because of potential bad publicity.

Wouldn't it be nice if common sense (and legal rights) were the motivators more often?

dilanesp
12-06-2014, 05:03 PM
Unless your transactions are over or slightly under $5K(used to be 10K), why is anyone at the bank even looking at the transactions? There is some thing rotten in Demark.

Every bank is feeling the heat from the government these days. An earlier poster blamed Obama but that's not accurate. It's the career prosecutors at the Justice Department, who want to use computerization of the banking system as a "choke point" (thus the name) to cut off the funds to criminal enterprises.

Combine that with the fact a lot of prosecutors are basically vice cops who hate gambling (and thus tell banks they need to crack down on online gambling transactions), and bank executives don't often know the distinctions between legal and illegal online gambling, and you have a situation where stuff like this happens.

It's really not going to change without massive public education. The public hears "money laundering" and thinks the DOJ is going after the Bernie Madoffs of the world and cheers them on. Prosecutors have a ton of power, and banks are extremely scared of being implicated in criminal activity.

Stillriledup
12-06-2014, 05:20 PM
Every bank is feeling the heat from the government these days. An earlier poster blamed Obama but that's not accurate. It's the career prosecutors at the Justice Department, who want to use computerization of the banking system as a "choke point" (thus the name) to cut off the funds to criminal enterprises.

Combine that with the fact a lot of prosecutors are basically vice cops who hate gambling (and thus tell banks they need to crack down on online gambling transactions), and bank executives don't often know the distinctions between legal and illegal online gambling, and you have a situation where stuff like this happens.

It's really not going to change without massive public education. The public hears "money laundering" and thinks the DOJ is going after the Bernie Madoffs of the world and cheers them on. Prosecutors have a ton of power, and banks are extremely scared of being implicated in criminal activity.

Its ok to cut off the funds to crime, but shouldn't you make sure someone is actually a crook before treating them like one?

dilanesp
12-06-2014, 05:34 PM
Its ok to cut off the funds to crime, but shouldn't you make sure someone is actually a crook before treating them like one?

It's true, you should. They impose a bunch of hard (structuring) and soft ("know your customer") regulations to stop the funding of crime, though, and make ordinary people into criminals as well (and innocent banks, leading to the harassment you see detailed in this thread).

But I would also say something else, more controversial. I don't really think the government should take every last measure to cut off funds to crime. The banking system is somewhat analogous to the Internet. We don't allow the government the surveillance and regulatory apparatus necessary to get all the crime off the Internet, and for good reasons. The thing needs a reasonable level of freedom to function right.

Well, so does the banking system. You can't be imposing massive compliance costs on the industry just because someone, somewhere, might use a bank account to facilitate a drug deal.

A lot of people, including horseplayers but many others, are innocent victims of a system that tries too hard to fight crime. And we all pay in the form of increased bank fees as the banks pass on the cost of compliance.

Stillriledup
12-06-2014, 05:38 PM
It's true, you should. They impose a bunch of hard (structuring) and soft ("know your customer") regulations to stop the funding of crime, though, and make ordinary people into criminals as well (and innocent banks, leading to the harassment you see detailed in this thread).

But I would also say something else, more controversial. I don't really think the government should take every last measure to cut off funds to crime. The banking system is somewhat analogous to the Internet. We don't allow the government the surveillance and regulatory apparatus necessary to get all the crime off the Internet, and for good reasons. The thing needs a reasonable level of freedom to function right.

Well, so does the banking system. You can't be imposing massive compliance costs on the industry just because someone, somewhere, might use a bank account to facilitate a drug deal.

A lot of people, including horseplayers but many others, are innocent victims of a system that tries too hard to fight crime. And we all pay in the form of increased bank fees as the banks pass on the cost of compliance.

I don't think they care all that much about fighting crime, they're just in it for the money, see what honest person's cash or house they can seize under 'suspicion' and just keep it...you know, all in the name of fighting the "bad guys".

They could care less about helping society be a crime-free place, its all about how much cash they can steal.

dilanesp
12-06-2014, 05:53 PM
I don't think they care all that much about fighting crime, they're just in it for the money, see what honest person's cash or house they can seize under 'suspicion' and just keep it...you know, all in the name of fighting the "bad guys".

They could care less about helping society be a crime-free place, its all about how much cash they can steal.

No, that's wrong. That's a very good description of a number of local police departments and law enforcement. (Radley Balko has a good article on the situation in Missouri, which forms some of the backdrop to the Ferguson situation. They are basically using their court systems as a revenue raiser and the mostly black residents resent it terribly.)

But US attorneys? I know a few of these men and women. They went to really good law schools, are generally smart and committed public servants, and the DOJ's asset forfeiture programs really don't raise that much money in the context of the federal budget anyway.

While a small city can keep its taxes low by relying on fines and forfeitures, the federal government can't raise more than .25 percent of the budget that way.

The problem is different. The type of person that tends to stay at the DOJ rather than using it as a springboard to other employment tends to be a really crusading type of person, someone who divides the world up neatly into good guys and bad guys. And these folks simply don't like vice very much. They hate narcotics, gambling, prostitution, and all sorts of other things. And they have a lot of power at their disposal.

And then they constantly beg for the "tools" that they need to do the job, which means more and more subsidiary regulations of things like banking practices, encryption and cryptography, etc.

bks
12-06-2014, 06:33 PM
The problem is different. The type of person that tends to stay at the DOJ rather than using it as a springboard to other employment tends to be a really crusading type of person, someone who divides the world up neatly into good guys and bad guys. And these folks simply don't like vice very much. They hate narcotics, gambling, prostitution, and all sorts of other things. And they have a lot of power at their disposal.

Perhaps. But they're not trained to go after the worst offenders, which are state actors, not individuals. So f*ck their dislike of vice. Worthless from he perspective of cleaning up the world, because their bosses run cover for the biggest offenders.