Backdoor Gun Control: Justice Department Applies Pressure so Banks Refuse Service to Gun Stores
Posted on May 3, 2014 by Tim Brown
The current criminal Attorney General, who has been found to be in contempt of Congress after failing to provide subpoenaed documents in the Fast and Furious scandal, which his department was involved in trafficking thousands of guns across the US/Mexico border that resulted in the deaths of hundreds of Mexicans and at least two federal agents, has now been caught in yet another scandal. For the past several months, the DOJ has been putting pressure on banks, in a program referred to as Operation ChokePoint, to not provide services that the Justice Department is targeting politically. Among those businesses are gun stores.
The DOJ has been targeting several businesses besides gun stores. They include pornography distributors and actresses, sellers of drug paraphernalia and dating services.
According to a 2011 Federal Deposit Insurance Corporation bulletin, which lists merchant categories that have been associated with high-risk activity involving disreputable merchants, it appears that the DOJ is attempting to malign legal gun stores, as well as other businesses. The bulletin, in essence, seeks to put these businesses in the category of Ponzi schemes, get rich products and high risk activities.
Although many clients of payment processors are reputable merchants, an increasing number are not and should be considered high risk, the bulletin reads. These disreputable merchants use payment processors to charge consumers for questionable or fraudulent goods and services.
In 2012, the Daily Caller reported that Bank of America told McMillan Fiberglass Stocks, McMillan Firearms Manufacturing and McMillan Group International that they would no longer be doing business with them after being their banker for 12 years.
Backdoor Gun Control: Justice Department Applies Pressure so Banks Refuse Service to Gun Stores |
Posted on May 3, 2014 by Tim Brown
The current criminal Attorney General, who has been found to be in contempt of Congress after failing to provide subpoenaed documents in the Fast and Furious scandal, which his department was involved in trafficking thousands of guns across the US/Mexico border that resulted in the deaths of hundreds of Mexicans and at least two federal agents, has now been caught in yet another scandal. For the past several months, the DOJ has been putting pressure on banks, in a program referred to as Operation ChokePoint, to not provide services that the Justice Department is targeting politically. Among those businesses are gun stores.
The DOJ has been targeting several businesses besides gun stores. They include pornography distributors and actresses, sellers of drug paraphernalia and dating services.
According to a 2011 Federal Deposit Insurance Corporation bulletin, which lists merchant categories that have been associated with high-risk activity involving disreputable merchants, it appears that the DOJ is attempting to malign legal gun stores, as well as other businesses. The bulletin, in essence, seeks to put these businesses in the category of Ponzi schemes, get rich products and high risk activities.
Although many clients of payment processors are reputable merchants, an increasing number are not and should be considered high risk, the bulletin reads. These disreputable merchants use payment processors to charge consumers for questionable or fraudulent goods and services.
In 2012, the Daily Caller reported that Bank of America told McMillan Fiberglass Stocks, McMillan Firearms Manufacturing and McMillan Group International that they would no longer be doing business with them after being their banker for 12 years.
Backdoor Gun Control: Justice Department Applies Pressure so Banks Refuse Service to Gun Stores |
