Tips for Process choke point Unfaireness in Andrew Phillips Cardflex
The operation choke point is some sort of a program that was started in 2013 as a method to fight the consumer scam by discouraging banks from doing business with the “high risk” industries using various government organizations. The agenda was to chock off the businesses that were exploiting the consumers. This law lost its effect when it included a lot of legal businesses that were considered to be a scam to the consumers and that included the fire arms and ammunition.
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. As was expected, this was met by a lot of resistance by congress who were trying to put an end to this “operation “until it was allegedly over.
The gun shops and other businesses were receiving notices from their respective banks 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. Some, like the Andrew Phillips Cardflex were sued for allegedly helping a listed company to steal from the consumers 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. This means that neither the “high risk” nor the businesses that are doing any sort of businesses with them are in a good place. The losses due to restricted business relations are inevitable.
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. As much as it is believed to have been ended, the business people are still feeling the effect of this unfair law. The government should make laws that equate all the citizens. Be considerate to the ones that are unfairly being targeted and they do not even deserve it. These kind of regulations should be eliminated because they go against the very core function of laws.