Diamond John

Leading USA banks attacking hobbyists

23 posts in this topic

I read on TER that some members are reporting their banks rudely closing their bank accounts after renewing p411 memberships in the past few days, and that Marco Rubio has introduced a new bill in the US Senate that requires banks to target account holders for acct closure if they use acct to pay for hobby related transactions

Beware. One guy said Wells Fargo closed his acct. Another said his bank told him they dont want his business.

Edited by Diamond John
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Looks like it may be time to get yourself a prepaid credit/debit card in those situations 

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Or buy a money order at Safeway like I have always done.

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10 minutes ago, Diamond John said:

I read on TER that some members are reporting their banks rudely closing their bank accounts after renewing p411 memberships in the past few days, and that Marco Rubio has introduced a new bill in the US Senate that requires banks to target account holders for acct closure if they use acct to pay for hobby related transactions

Beware. One guy said Wells Fargo closed his acct. Another said his bank told him they dont want his business.

Are you on p411?  I doubt seriously that Gina has set it up in a way where it reads “fucktard dues”:rolleyes:

 

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16 minutes ago, BadBoy said:

Or buy a money order at Safeway like I have always done.

I thought you used gift cards. Do what I do, use green stanps. ;)

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45 minutes ago, ilovewomen said:

FUD

Hey come on now!   I once talked to someone who had a good friend at this place who overheard a customer telling someone that they had a reliable source who said that they had heard straight from the proverbial horses mouth that it was going to happen. For real!!  

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I forget that so many dont use the Onion Browser so they cant read TER

 

https://www.warren.senate.gov/files/documents/2017_04_26_End_Banking_for_Human_Trafficking_Test.pdf

Happymom, Low information are you?

8 minutes ago, Happymon said:

Hey come on now!   I once talked to someone who had a good friend at this place who overheard a customer telling someone that they had a reliable source who said that they had heard straight from the proverbial horses mouth that it was going to happen. For real!!  

 

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20 minutes ago, Diamond John said:

I forget that so many dont use the Onion Browser so they cant read TER

 

https://www.warren.senate.gov/files/documents/2017_04_26_End_Banking_for_Human_Trafficking_Test.pdf

Happymom, Low information are you?

 

So, you're saying that someone posted, on TER, that a bank closed their account, specifically for paying P411, through said account?

Any evidence, other than "I read on TER..."? The link you posted it useful info, but not evidence of anything. I'd say that's pretty low information. In fact, it's a rumor, nothing more.

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Nevertheless, anyone who uses a credit card traceable back to them (and they all are), to pay P411, TOB or any lady needs to realize that all of that trail exists forever, and should some future law make it discoverable, you will wish you had stood in line at Safeway to get a money order for P411 and stopped at the ATM to get cash for the ladies.  Just sayin, sometimes the old ways are the good ways for a damned good reason (grandpa didn't want to get caught either).

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6 minutes ago, pfunk said:

So, you're saying that someone posted, on TER, that a bank closed their account, specifically for paying P411, through said account?

Here's the direct link on TER General Discussion Forum (Use the free Onion Browser to get around the USA block at TER)... another TER USA member in the thread  said Cap One also closed his account

https://www.theeroticreview.com/discussion-boards/ter-general-12/charles-schwab-bank-closed-my-account--950940?page=1

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Damn, Diamond John and I are making the same point.  Shit, I must be wrong, let me reexamine my position......

Naw, I guess even a broken clock is right two times a day:  it's a bad idea to use a credit card for anything you don't want to have to explain.

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2 minutes ago, BadBoy said:

Nevertheless, anyone who uses a credit card traceable back to them (and they all are), to pay P411, TOB or any lady needs to realize that all of that trail exists forever, and should some future law make it discoverable, you will wish you had stood in line at Safeway to get a money order for P411 and stopped at the ATM to get cash for the ladies.  Just sayin, sometimes the old ways are the good ways for a damned good reason (grandpa didn't want to get caught either).

That money order is a damned good idea and right now , not because of any future law. I have TWO immediate relatives in banking at two different institutions. One a banker, one a teller.  They are not just trained, but pushed to question everything and strongly encouraged to fill out Suspicious Activity Reports about anything and everything. They both have huge lists of accounts, names, destinations, amounts, frequencies that instantly trigger investigations. They can report based on a feeling or an action and are routinely questioned more for NOT filling reports. The teller, actually fills out an average of 10 per week. Both institutions routinely close accounts, sending the holder a check and adios. Never forget that you are using the Governments money to pay your debts and obligations and they are working hard to track every cent of it. Buy the f#cking money order!

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9 minutes ago, Admiral C said:

They are not just trained, but pushed to question everything and strongly encouraged to fill out Suspicious Activity Reports about anything and everything. They both have huge lists of accounts, names, destinations, amounts, frequencies that instantly trigger investigations.

This. Can see accounts getting shut down due to Joe Schmoe is putting on their charge card a charge in some off-shore country. No swipe, no NFC payment (ie. Apple Pay, Google Pay). And somewhere in the charge card agreement is some clause around suspicious activities, illegal activities. And would not doubt that the issuers know "Innocuous Name Enterprises LLC" is really adult websites. 

We see this with Paypal and the ladies that use it, seem to recall Square looks out for this as well. And seem to recall seeing stories where paying for porn sites is getting tougher these days as credit issuers are cracking down on those (since, again, primarily off-shore payment processors).

Edited by NoCoGeezer
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Just a thought, but you might want to stop posting fake news! Links to the stories, or I call bullshit!!! You know like from an actual news source.

Ive always said cash is king! But P411 doesn’t say hookers r us so meh whatever. 

Edited by Melissa Sterling
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This post reminds me of when I always laughed my head off when I saw girls posting in the ads (while ad were around) about....'Now accepting C/C' LOL. Clueless. 

Edited by Nina Rox
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I isn't renew before the bill was signed. Doubt I can now...?

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6 hours ago, olgunn said:

I isn't renew before the bill was signed. Doubt I can now...?

You can. I did. Mine expired in January and I just reupped it a few weeks ago. 

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Membership expires in 3011.   Got that covered.  

It's not unusual for me to take $1600 out to pay a relative for a whole cow/steer.  And $200 every 3-4 weeks for life events.  So if I add an occasional $200 or more in there I doubt it will flag anything.  

I would not think about gift cards/ pre paid visas with someone other than someone that I have an existing trusted relationship with. 

 

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I also had my bank account close by CAPITAL ONE a few months back. They wrote me a letter saying they no longer wanted my business. They didn't report anything they just said get your money out and shut your account. We don't want your business. VERY SCARY moment at the time. 

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2 hours ago, blondefantasy said:

I also had my bank account close by CAPITAL ONE a few months back. 

Going to make an assumption here...

Banks, of late, are getting more worried regarding cash deposits. Basically, they are moving toward doing as little cash business as possible. Cash drives up costs for them (physical bank locations, tellers to handle/count it, armored car services to move it off premises). Fear of laundering (ie. deposits that appear to skirt the $10,000 reporting limit, money moved out of account shortly after deposit; no trail of where the money came from; is it really the account holder putting the money in).

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Of course, money laundering, drugs, illicit activities, terror funding etc. are all excuses. Banks, in partnership with Government, are desperate to eliminate cash. For banks, cashless saves some costs as NoCoGeezer said, but mainly it makes banks a utility company. Instead of electricity or gas, banks will charge everyone monthly service fee's as the unavoidable Money Utility. Governments will enjoy the savings of not having to manufacture, store, and safeguard cash. At the same time, the actual amount of "electronic dollars" will be pretty much untrackable, AND they will enjoy total tracking of all commerce and ability of immediate taxation\confiscation.

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