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Old 07-26-2023, 03:45 PM
 
3,566 posts, read 1,509,103 times
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Quote:
Originally Posted by Daryl_G View Post
Is this belief solely based on this statement in the article .

We would not know this company’s transaction history so I am just asking what info is this claim based on?
If you read the article you will see that several people had their banks simultaneously closed by Chase, I believe one was unrelated to Mercola but all had a similar business of selling wellness products for COVID.
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Old 07-26-2023, 03:47 PM
 
45,595 posts, read 27,223,343 times
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Quote:
Originally Posted by WaikikiWaves View Post
If you read the article you will see that several people had their banks simultaneously closed by Chase, I believe one was unrelated to Mercola but all had a similar business of selling wellness products for COVID.
Correct - I quoted two different cases in the OP - one w/ Chase and one w/ Paypal.
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Old 07-26-2023, 03:52 PM
 
18,823 posts, read 8,484,812 times
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Quote:
Originally Posted by DRob4JC View Post
JPMorgan Chase Debanks Dr. Mercola’s Healthcare Business

JPMorgan Chase Bank terminated the accounts of Dr. Joseph Mercola’s healthcare company and its employees with no valid explanation, fueling suspicions of political persecution. The doctor gained a significant following during the Covid pandemic for challenging the official policies and narratives and for selling supplements for the treatment and prevention of Covid. He also ranked No. 1 on the “Disinformation Dozen” list of the Biden administration.

...
Dr. Syed Haider, who treated Covid patients with “unapproved” protocols during the pandemic, said his own bank accounts and PayPal accounts were mysteriously canceled, too. “This is the passive-aggressive, dystopian, woke, social-credit hellscape that is our dying country,” he opined.

...
“Do most Americans really want to live in a society where you can be denied basic services on the basis of your public comments?” tweeted author and journalist Matt Taibbi.


Yes - I think there is a sizable portion of people who are OK with this.

More details here on Mercola.

Retail health company has Chase accounts suddenly terminated, owner critical of COVID vaccines, FDA



Interesting that the loans would remain with Chase... so they can continue to rake in the interest payments.
Could be fraud that the bank has somehow suspected or uncovered. Snake oil fraud or other malfeasance/laundering associated with this business. Of course the owner's comments would have to be in line with some of the usual Covid related conspiracies to attract that sort of business.

The loan being a longer termed contract may require a different tact.
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Old 07-26-2023, 03:54 PM
 
Location: Yakima yes, an apartment!
8,340 posts, read 6,794,549 times
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Quote:
Originally Posted by Hoonose View Post
Could be fraud that the bank has somehow suspected or uncovered. Snake oil fraud or other malfeasance/laundering associated with this business. Of course the owner's comments would have to be in line with some of the usual Covid related conspiracies to attract that sort of business.
If it's fraud fine shut down the business but not the employees bank accounts they didn't know that the company owner was doing anything wrong.

Also forbidding the children to open accounts whenever they choose to down the line is also questionable.
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Old 07-26-2023, 03:54 PM
 
Location: San Diego
50,347 posts, read 47,099,157 times
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Dump them, they are prevalent only in large cities anyway.
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Old 07-26-2023, 03:56 PM
 
18,823 posts, read 8,484,812 times
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Quote:
Originally Posted by Disgustedman View Post
If it's fraud fine shut down the business but not the employees bank accounts they didn't know that the company owner was doing anything wrong.

Also forbidding the children to open accounts whenever they choose to down the line is also questionable.
The bank might know more about any inter-related financials of the employees and family.
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Old 07-26-2023, 04:03 PM
 
Location: Boston, MA
5,347 posts, read 3,222,809 times
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Quote:
Originally Posted by DRob4JC View Post
JPMorgan Chase Debanks Dr. Mercola’s Healthcare Business


“Do most Americans really want to live in a society where you can be denied basic services on the basis of your public comments?” tweeted author and journalist Matt Taibbi.


Yes - I think there is a sizable portion of people who are OK with this.
Many people on this forum even. At the beginning of the month there were a group of people celebrating the Supreme Court's ruling that businesses can discriminate in the name of free speech.

Assuming the conspiracy theorists are right, and this is solely based on a COVID position, the bank was within its rights. These are the types of rights the extreme right was fighting for.

Probably will be more of this type of activity on both sides of the aisle.
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Old 07-26-2023, 04:06 PM
 
45,595 posts, read 27,223,343 times
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Quote:
Originally Posted by Hoonose View Post
The bank might know more about any inter-related financials of the employees and family.
If that's the case - they didn't indicate any wrongdoing.








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Old 07-26-2023, 04:08 PM
 
18,823 posts, read 8,484,812 times
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Unlikely due to any Covid opinion or position. Most likely due to related fraudulent business activity.
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Old 07-26-2023, 04:10 PM
 
18,823 posts, read 8,484,812 times
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Quote:
Originally Posted by DRob4JC View Post
If that's the case - they didn't indicate any wrongdoing.





"Unexpected activity" may be some euphemism.

Having to move one's accounts to different banking institution does not sound like a life altering event.
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