4 ms·
The fact that two different banks are not dealing with him, makes me suspect that the first person ended up on Federal government list somehow.
by RcouF1uZ4gsC 4y ago
The fact that two different banks are not dealing with him, makes me suspect that the first person ended up on Federal government list somehow.
- DANmode 4y agoAre you familiar with the legal concept "due process"?
- konschubert 4y agoOp didn’t say it’s just.
- _siis 4y agoI am, and it doesn't exist in the vast majority of systems today. In reality its coercive, an intolerable act, and the last time we saw these things was 1767-1776. Its beyond stupid, but the people doing these things have incentives to do them. Here's an interesting related article. https://archive.is/HuXGQ https://archive.is/HuXGQ
- from 4y agoThere is no "federal government" list other than sanctions/commerce department lists. These are both public. Either both banks decided they didn't want to deal with Pakistan anymore (maybe there was a warning about Pakistan by the Treasury department or in some AML publication they read, Pakistan was also recently on the FATF greylist) or he or the people sending him money mistakenly ended up on something like the [World-Check](https://en.wikipedia.org/wiki/World-Check https://en.wikipedia.org/wiki/World-Check) database. Someone can publish slander about you online and the monkeys that run World-Check will automatically find the article and put a note on their file about you saying you are "high risk."
- landemva 4y agoIIRC, there is a commercial service sold to fins which eases SAR reporting and the vendor of the service shares info between fin firms. Back office integrations are opaque to front-line fin personnel, so this becomes mysterious to customers.