Re:Why Banks Are Suddenly Closing Down Customer Accounts
by refurb on Monday November 06, 2023 @06:57AM
(#38161394)
> Banks hide behind Bank Secrecy Act and other regulations in order to debank people.
Banks do what the government tells them to do.
They are more than happy to launder drug money, they don't care. You think they close the account of some random person who made too many cash deposits to protect themselves from the customer?
No, they protect themselves from the government who will hit them with massive fines when they "fund terrorism".
Banks do what the government tells them to do.
They are more than happy to launder drug money, they don't care. You think they close the account of some random person who made too many cash deposits to protect themselves from the customer?
No, they protect themselves from the government who will hit them with massive fines when they "fund terrorism".