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15 Feb ’12
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Operation choke point is a go!
SunTrust Bank doesn't want Steve Champion's money because it doesn't like how he earns it.
Champion owns American Gun & Pawn in Brooksville.
"At first I thought it must be a hoax," he said.
But this is no joke. SunTrust sent Champion a letter, dated March 20, advising him to withdraw his funds immediately.
“If you do not close these accounts by this date, we will need to close them for you,” the letter says.
The letter says their banking "relationship" "no longer meets the bank's corporate business objectives." It does not go into detail on why the decision was made.
“The decision cannot be reversed and is final,” the letter says.
Champion was shocked. He's been in business for just a year and said his account is good in standing.
"I've worked my whole life to open a business," he said. "I have a near-perfect credit score. I have zero debt."
Champion was even more shocked when he called the bank and spoke with a customer service representative.
He said the representative told him, "Oh, you got one of the gun letters." He said she went on to say the letters are going to gun shop owners across the country.
Champion is livid and wants answers.
19 Feb ’12
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So let me get this straight. I'm not allowed to refuse you service if you're gay, but if you sell guns then I'm free to do what I want??
Possibly change the business name to American Pawn?
15 Feb ’12
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here's a list of the targeted businesses, as long as he is selling guns and ammunition, they can cut him off
19 Feb ’12
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I love how they put "scam" or "scheme" at the end of a business to prejudice the reader. But 7-11 isn't getting their bank accounts closed because they sell tobacco products and drug paraphernalia. While some of those businesses are sketchy, there are a lot of legitimate businesses there
15 Feb ’12
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looks like they defunded operation choke point
Making clear its official stance against Operation Choke Point, the House passed a measure that prohibits the Justice Department from using any funds to carry out the controversial program. Critics say it unfairly targets legal businesses like pawn shops, gun dealers and payday lenders.
On Wednesday, lawmakers approved the Commerce, Justice, Science, and Related Agencies Appropriations Act, which allocates funding to a range of agencies and also includes a provision to defund Operation Choke Point.
“While I had hoped that the unprecedented Operation Choke Point would have been far behind us by now, it was once again necessary to offer an amendment to the annual Commerce, Justice, and Science Appropriations legislation to prohibit funding for it,” said Rep. Blaine Luetkemeyer, R-Mo., who sponsored the amendment.
4 Mar ’12
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time to change the people who come up with these ideas.
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