chase bank lowlifes closing p0rn0 honeys' accounts

shart_attack

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Jan 6, 2014
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hangin' with my bro e.coli
What a bunch of frick'n PUNKS:

Business Insider—JPMorgan Chase shut down the bank accounts of a bunch of adult film industry workers and didn't tell them why.

"We recently reviewed your account and determined that we will be closing it on May 11, 2014. Please accept our apologies for the inconvenience," a letter from the bank to porn star Teagan Presley posted on Perez Hilton's site reads.

"You may close your account before the date we provided. Your account agreement says that either of us may close your account at any time, without notice and without reason," the letter from Chase continued.

Some of those affected have expressed on Twitter that the reason their account was shutdown is because they work in the porn industry.

"The branch and telephone bankers said it was because of our industry but their executive branch said no it wasn't and categorically denied this," Presley's husband Joshua Lehman told us via email. Lehman also had his Chase account closed.

The Chase letter didn't cite a specific reason. It also didn't mention anything about pornography.

This is actually standard across the banking sector. There's no requirement by law that banks have to tell account holders why they're closing their account. In some cases, the banks are even obligated under the law not to disclose the reason why an account is being closed.

Also, there's no written rule saying that a porn star can't bank with Chase. Just because you're a porn star, it doesn't mean you'll get your account taken away either.

A spokesperson for JPMorgan Chase declined to comment on the matter.

Some media reports claimed that the accounts of hundreds of porn stars were shut down by Chase recently. Business Insider has learned that's not the case.

All of this came actually came to light last week on Twitter. Many of the adult film workers affected have hundreds of thousands of followers. Some stars have Tweeted that they're going to cancel their Chase accounts before they get cancelled.

People are definitely paying attention to this story. There's now a #BoycottChase hashtag. There's also an online petition with over 6,000 signatures as of this morning.

On April 21, Teagan Presley (real name Ashley Erickson Lehman) Tweeted to her 187K followers that Chase was closing her personal account. She's had the account since she was 18. She said she uses it to buy groceries and pay for gymnastics for her kids.

Presley's husband Joshua Lehman (@DirectorJoshua) also had his account closed.

He Tweeted at blogger Perez Hilton that hundreds of them got letters. Lehman provided us with a few names of people who've been affected, but it wasn't hundreds.

Adult film director David Lord got a letter from Chase earlier this month.

Porn star/ fetish model Veronica Avluv also had her account shuttered by Chase.

Los Angeles-based porn star Layton Benton, the 22-year-old in "The Bomb Booty", told Page Six that she wants to take legal action against Chase for shutting down her account.

Stormy Daniels Tweeted that Chase cancelled her account a few years ago. She said her friends got theirs cancelled a couple weeks ago.

Male performer/director Keiran Lee said on Twitter his account was cancelled.

Kirsten Price Tweeted that Chase closed her account and had some choice words for the bank.

Porn actress Bonnie Rotten Tweeted that she was closing her Chase account and moving it to Wells Fargo before they could close it on her.

Porn Star Chase Bank Accounts - Business Insider

Is this legal?
 
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It says right in your link that the agreement between the bank and customer states "Your account agreement says that either of us may close your account at any time, without notice and without reason" so I guess a deal is a deal.
 
from the link: This is actually standard across the banking sector. There's no requirement by law that banks have to tell account holders why they're closing their account. In some cases, the banks are even obligated under the law not to disclose the reason why an account is being closed.
Read more: Porn Star Chase Bank Accounts - Business Insider
 
Might be because she's a porn star or might be because she's mean to tellers; overdraws her account too often; won't date the banker at her branch. Could be lots of different reasons.
 
What a bunch of frick'n PUNKS:

Porn Star Chase Bank Accounts - Business Insider

Is this legal?

Yes, it probably is legal. However it is a really stupid idea because now you have an entire industry that is about to make fun of Chase and they have a huge audience.

Chase has created a public relations nightmare for itself. That alone is going to cost them real money. Whomever thought that this was good idea needs to be fired and yes, the shareholders are not going to be happy campers either.
 
It says right in your link that the agreement between the bank and customer states "Your account agreement says that either of us may close your account at any time, without notice and without reason" so I guess a deal is a deal.

Indeed, yes.

I really just started this thread because I had what was in my humble opinion a funny poll, but just as I hit save, the power went out where I live, so the poll doesn't show.
 

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