"Operation Choke Point" created in 2013 to stop banking services for porn

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  • Bladewire
    StraightBro
    • Aug 2003
    • 56228

    #1

    "Operation Choke Point" created in 2013 to stop banking services for porn

    AG Sessions says he'll stop this operation. This would be good

    I Wonder if this is why all those porn stars & companies were getting their bank accounts closed, remember that?


    Operation Choke Point

    Operation Choke Point is an 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.

    This operation, disclosed in an August 2013 Wall Street Journal story,[2] has been accused of bypassing due process; the government is pressuring the financial industry to cut off the companies' access to banking services, without first having shown that the targeted companies are violating the law.[3][4][5][6] As reported by the St. Louis Post-Dispatch, critics say, "it's a thinly veiled ideological attack on industries the Obama administration doesn't like, such as gun sellers and coal producers."[7]

    Some merchant categories that the Federal Deposit Insurance Corporation (FDIC) had listed until July 2014 as being associated with high-risk activity include (until the FDIC revised the original policy in July 2014):[8]

    Ammunition Sales
    Cable Box De-scramblers
    Coin Dealers
    Credit Card Schemes
    Credit Repair Services
    Dating Services
    Debt Consolidation Scams
    Drug Paraphernalia
    Escort Services
    Firearms Sales
    Fireworks Sales
    Get Rich Products
    Government Grants
    Home-Based Charities
    Life-Time Guarantees
    Life-Time Memberships
    Lottery Sales
    Mailing Lists/Personal Info
    Money Transfer Networks
    On-line Gambling
    Pawn Shops
    Payday Loans
    Pharmaceutical Sales
    Ponzi Schemes
    Pornography[9]
    Pyramid-Type Sales
    Racist Materials
    Surveillance Equipment
    Telemarketing
    Tobacco Sales
    Travel Clubs


    Skype: CallTomNow

  • pimpmaster9000
    Too lazy to set a custom title
    • Dec 2011
    • 26732

    #2
    choke point LOL at the name for a campaign against porn...ok not just against porn but still
    Report a suspicious cracker: Click Here

    Comment

    • Barry-xlovecam
      It's 42
      • Jun 2010
      • 18083

      #3
      That list was like this 15 years ago.
      This was a cover story for finding tax fraud and evasion.
      It was all about the money.

      Comment

      • Bladewire
        StraightBro
        • Aug 2003
        • 56228

        #4
        "the government is pressuring the financial industry to cut off the companies' access to banking services, without first having shown that the targeted companies are violating the law." messed up and doing it since 2013


        Skype: CallTomNow

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