Procedure of Choke Point Unfairness by Andrew Phillips Cardflex
In 2013, a new law was made in the United States of America called the operation choke point that was intended to make sure that the consumers were not exploited by using government agencies to discourage the banks from doing business with the listed ones. The agenda was to chock off the businesses that were exploiting the consumers. There are so many businesses that were choked and among them were the guns businesses that are actually legal.
This new law also affected a lot of businesses like the Independent Sales Organizations led by Andrew Phillips Cardflex who were accused of helping the scammer drain money from the consumer’s accounts. The unfairness comes in when they are putting some very innocent lawful business people out of business and ruining their source of income. So since there are people and organizations that are there to protect the defenseless, they started a fight against this law until it was said to end in 2017.
When this law was instigated, the banks were forced to block the listed businesses from their services and that led them to sending notices to these businesses telling them that they will not be able to work with them. These notices were a result of the government using its agencies to force the banks and other organizations to terminate their good and long term relationships with their customers. Companies like the Andrew Phillips Cardflex felt the heat when they had to go to court when they were claimed to have engaged in business with a listed company that led to a scam on the consumer’s credit and debit accounts. When you get a notice from your bank then you have no other option than to make other financial arrangements that will not only inconvenience you, but also cost you. So this shows that both the listed and the organizations that are doing business with them are a target. There will be losses to both the listed and the organizations and the institutions that are doing business with them.
Apart from people losing their businesses that they use to feed their families, they are being dragged to court due to this law. The ones that have to end up with a case in court like the Andrew Phillips Cardflex lose a lot of time, energy and even financed in the process. The program was ended last year but the businesses are yet to heal if not stop being targeted. The government should make laws that equate all the citizens. Consider the affected people. These kind of regulations should be eliminated because they go against the very core function of laws.
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