Woman Inherits Thousands- Bank of America Blocks Her From Cash Like She's A Criminal!

[SouthernBelle]

Yes, it is her business.

Meanwhile banks complying with federal law while making money on the money sitting with them is their business. She wants to spend that money she needs to help the bank by complying as well. Then she can do whatever the fukk she wants.

This story is her fukk up, not the bank's.

Considering that the bank told her after the initial hold that she could withdraw as she pleased after they verify it's origins, then I say it's the banks fukk up as well. Additionally, the only thing I have maintained was that race and class were among the variables that made her suspicious. Clearly, I wasn't wrong because many of you have called that woman everything but a child of God because of what? Her race and class. Y'all are probably doing the same thing that the bank teller did.

Additionally, that law regarding structured withdrawals (modified in 2014) states that withdrawing or depositing less than 10k isn't a crime in and of itself. And while intentionally structuring deposits/withdraws IS still a crime (there is ZERO indication that she was intentionally withdrawing small amounts to avoid reporting), the IRS will ONLY pursue the case if it's linked to illegal activity (that is why multiple business owners cited in a article posted in this very thread are getting their seized money back...even after signing paperwork saying that they would wouldn't try to seek the money in the future). Yes, it may still be reported, but the IJ specifically fought against people's money being seized SOLELY because of the amounts of the cash deposits and withdrawals. Finally, it wasn't the IRS that seized her money. It was the bank that froze her account. Based on everything I've read, the bank should have reported her and the IRS would have investigated as they deemed necessary.

She didn't do anything illegal that we know of at this point. Again, spending your money frivolously is stupid but it's not illegal (if you aren't actually spending it on illegal things).

 

[The Devil's Advocate]

if your bank account doesn't have a few M's.... they don't give two fukks about you... oooooooooooooooo you gonna close your account with your little 100k... who the fukk cares


don't ever think you can do or say anything to a bank to make them care about your business unless you dealing with heavy cake... the only thing you can do is put it in a safe.. but doing something to get back at them.... nah... you out of luck

 

[egsteel]

So she withdrew $13,000 and didn't pay her rent

first thing that popped into my head, lol. Should've paid rent for the rest of the year and bought a good used car. Instead she chose to drop a few thousand on everything she didn't need. But all that aside, BoA is still being shytty, an investigation shouldn't take longer than a couple days.

 

[PaperEnterprise]

I studied a bit about compliance at banks...the Patriot Act allows banks to do whatever the fukk they want...she has to prove its her money and it was obtained legally...

Dumb ass teller most likely checked her previous statements and saw a low balance on a consistent basis and now sees a lump sum of cash....he flagged it for money laundering (fraud)

Sad but the banks can do whatever

 

[calixprynce]

only "enraged" mfs I see are the ones in here callin this lady out her name

 

[Zero]

The Bank Secrecy Act and Patriot Act care.

When people start getting large sums of money and then immediately withdraw it, it looks suspucious. Any activity out of the ordinary is suspicious.

How nikkas gonna play the game if nikkas are proud to be ignorant of the rules of the game?

Repped

 

[ⒶⓁⒾⒶⓈ]

First...throw all that race and because shes black bullshyt out the window..the flagging system is all computer and it follows the guidelines from the govt...she meets at least 3 of these criteria

msb.gov - Money Laundering Prevention
MSBs recognize ways launderers and other criminals may try to use them to launder money.

Attempts to Evade BSA Reporting or Recordkeeping Requirements

Customers may try to keep their transactions just below the reporting or recordkeeping thresholds, such as:

• A customer or group of customers who attempt to hide the size of a large cash transaction by breaking it into multiple, smaller transactions by, for example, conducting the smaller transactions—
  • At different times on the same day.
  • With different MSB cashiers on the same day or different days.
  • At different branches of the same MSB on the same or different days.
• A customer or group of customers who conduct several similar transactions over several days, staying just under reporting or recordkeeping limits each time. For example, the customer may:
  • Purchase money orders with cash just under $3,000 over several days.
  • Purchase traveler’s checks with cash just under $3,000 over several days.
  • Initiate multiple money transfers to the same receiver, each transfer in an amount under $3,000, over several days.
• A customer who is reluctant to provide information needed for a reporting or recordkeeping requirement, whether required by law or by company policy.
• A customer who is reluctant to proceed with a transaction after being informed that a report must be filed or a record made.
• A customer who breaks down a single large transaction into smaller transactions after being informed that a report must be filed or a record made.
• A customer who presents different identification each time a transaction is conducted.
• A customer who spells his/her name differently or uses a different name each time he/she initiates or receives a money transfer or purchases traveler’s checks.
• Any individual or group that bribes or attempts to bribe an MSB employee not to file any required reporting forms or not to create a record entry required by law or company policy.
• Any individual or group that forces or attempts to force an MSB employee not to file any required reporting forms or create a record required by law or company policy

The system puts a temporary hold on your account...you MUST come in and talk to them to get it lifted...

Go in there and get evasive, belligerent and threatening and thats 2 additional flags and the hold is extended and the details forwarded to the feds

but yall wanna see racism everywhere so keep cooking

 

[NY's #1 Draft Pick]

In B4 Cacs and c00ns try to blame the victim- No matter how much she spent its her MONEY and nobody would dare do this to an older white person under the same circumstances




DETROIT (WJBK) - Imagine inheriting thousands of dollars only to be told you can't touch that money. That's happening right now to a woman in Detroit. Her entire account is frozen and now she's worried she won't be able to pay her bills. The single mom says her son's graduation party is on hold, and she is not sure how long the lights will stay on in her home. The thing is, she has all the money she needs but it's worthless. "I feel like my money is being held hostage," says Christina Anderson. "Every single dime is tied up in that bank." And her bank, Bank of America, says it is just doing things by the book in the name of protecting customers. This all started with a personal tragedy. "I had a little brother and he passed away, and my dad had a lawsuit from that," Anderson explains. From that lawsuit, more than $50,000 was wired into her Bank of America account on May 20. The procedure, she was told, was to place a two-hour hold on the money while the bank investigated its origins. After that, she was told, it is hers to do with as she pleases. And she did - withdrawing thousands just days apart without a problem. "I went to two banks before that, drew $8,000; drew $5,000; no questions," she says. "'Just swipe your card and enter your pin, ma'am.'" Then her car was totaled on May 24, so she went to get another $5,000 at the branch in Dearborn. "The guy behind the counter started asking me where did I get the money from, and a bunch of questions" she says. "And I told him, I feel that's none of his business, so I'm going to go to another branch where I feel more comfortable." And when she went to that second bank -- "They told me my account on hold, it has been frozen for fraud." So Anderson started asking questions, and admittedly got upset. "'I feel like you guys are discriminating against me; is it because I'm black?' And then ... she told me to leave out the back because I was upset," Anderson says. "Yes, I was [upset]. I was mad because these are my funds; why can't I receive my funds?" Since then, she claims she's been in the dark as to why. In the meantime, bills and hungry mouths are starting to mount up. "My rent is due today," she says. "I have four children. What am I supposed to do? I've got to be at work tomorrow morning. I work in West Bloomfield. I have no vehicle to get there. What am I supposed to do when I haven't done anything wrong here?" Bank of America issued this statement regarding Anderson's situation: "We've frozen the customer's account under the terms of our Deposit Agreement and Disclosures. In the agreement, if at any time we believe a customers' account may be subject to irregular, unauthorized, fraudulent or illegal activity, we may, in our discretion, freeze the funds in the account and in other accounts they maintain with us, without any liability to the customer, until we are able to complete our investigation of the account and transactions." "I thought I was being safe putting money in the bank, but it seems I'm safer putting it under my mattress," Anderson says. A banking expert told FOX 2 that under the Patriot Act, clerks undergo training to spot fraudulent activity. He also said it is not cut and dry rules, and that clerks are often using their own intuition when it comes to suspecting fraud. Bank of America has not given a timeline when Anderson's case will be settled, but she said she was told it could last up to a year.

@KnickstapeCity

 

[ORDER_66]

I see where she fukked up... but boa be shady as fukk too.

 

[EducatedBrothaFromTheBank]

The city of Detroit probably used some of that money to pay their bills

 

[EducatedBrothaFromTheBank]

Exactly I work in a bank as well ironically enough I'm taking the BSA/AMl test right now




This has nothing to do with race and everything to do with money.

These uneducated c00ns from the Bank don't speak for all of us

 

[Cabbage Patch]

holds is a very normal practice, between 2-7 days is normal shyt. Once you establish a pattern of large deposits and have enough money in your account to cover checks they won't put holds on your shyt

also bringing up the race card instantly is a trump card. What do you say to that as a bank teller or manager? I can say personally as someone who works at a bank that I'm just as suspicious of white people. They apply the rules evenly because it protects the bank, they don't make random exceptions unless they know you're reliable.

That's why I said Bank of Illegals is on something. This bytch is tripping over holds when the Bank gave her initial access within HOURS to thousands of dollars instead of a much smaller amount initially and then a couple days hold. The bank and her are both tripping.

They tried to do her a favor, gave her that illegal madness access and what does she do with it?

 

[Cabbage Patch]

So she withdrew $13,000 and didn't pay her rent

Didn't pay rent, isn't looking to put a deposit on property so she can own instead of rent in the first place, never had two red nickles to rub together to pay for a 10 pound bag of rice and flour some instant oats and spaghetti always in the house instead of whatever she means by not having money for food, can't rent a car while her insurance gets their shyt together so they can pay for a car or most of a car for her, and didn't pay off graduation expenses which shouldn't have come to that much since the planning snd budgeting should have been done before the settlement.

$13k and none of that shyt was taken care of.

What the hell did she spend that money on that was more important than all of those?

Was she like that white crackhead in the other thread treating a bunch of men to free drinks talking about 'I'm the boss now' while her children went without?

 

[Cabbage Patch]

She withdrew almost 40% of all the funds in a a few weeks

And not a damn thing was taken care of that should have been. How many months of not worrying about rent or groceries could that have taken care of in low cost of living Detroit?

Most people get wiped out by medical expenses, she doesn't have that excuse. What was she doing?

And why go to multiple branches each time instead of the one that knows you because you always come inside?

She was not on the up and up.

 

[duncanthetall]

Yeah they were pretty obviously being racist but I would want my account double checked in that situation personally.