Outrage: Bank Of America Freezes Funds of Licensed Online Gun Dealer: “We Believe You Should Not Be Selling Guns On The Internet”
Legal gun ownership in America is under attack on all sides. From pending bans that would restrict the sale, transfer and possession of certain weapons, to outright calls for repeal of the Second Amendment, we are entering an unprecedented era in American history.
So much so, that not only is the government now coming after your right to bear arms, but private sector businesses are following suit.
One of the country’s largest financial institutions, the ironically named Bank of America, has now taken it upon themselves to decide what is or is not a lawful business practice.
The following alert was posted on the Facebook page of licensed firearms dealer and manufacturer American Spirit Arms.
According to owner Joe Sirochman, the bank, which was recently caught engaging in the highly unlawful practice of laundering billions of dollars in Colombian drug cartel money, has put a freeze on American Spirit’s transaction deposits and has refused to release funds legitimately processed through the company’s web site.
In an apparent attempt to take the moral high road on the issue of gun ownership, Sirochman says the Bank of America manager he spoke to about the inaccessibility of his company’s funds told him the bank believes he “should not be selling guns and parts on the internet.”
All,
My name is Joe Sirochman owner of American Spirit Arms and I wanted to share my recent experience with Bank of America .(which we have been doing business with for over 10 years)…. Everyone is familiar with the latest increase in guns sales , dealers selling out of inventory , Manufacturers back logged for months , large revenue all generated in the last two weeks …. American Spirit Arms is no exception to the overwhelming demand . What we have experienced is that our web site orders have jumped 500 % causing our web site E commerce processing larger Deposits to BANK OF AMERICA ..Well, this threw up a huge RED Flag with Bank of America . So they decided to hold the deposits for further review , meaning that the orders/payments that were coming in through the web, ( being paid by the customer and that were shipped out by American Spirit Arms ), the BANK was keeping (UNDER REVIEW )… as you could imagine this made me furious…
After countless hours on the phone with BANK OF AMERICA I finally got a Manager in the right department that told me the reason that the deposits were on hold for FURTHER REVIEW …
HER EXACT WORDS WERE …
“WE BELIEVE YOU SHOULD NOT BE SELLING GUNS and PARTS ON THE INTERNET”
…I flipped the F**k Out and told them that they have no right to make up their own new rules and regs… that we are a firearms Manufacturer with all the proper licensing FFL (Federal Firearm license ), SOT and that we follow all Federal and All States’ rules and regulations on shipping Firearms and parts ..and that we are also Audited by ATF and Homeland Security on a regular basis …
She said that she understands that but that the deposits will be released after they have a chance to review and clear them … I told her that This was unacceptable and the those deposits (that were a week old by now ) needed to be released ASAP, that we are a small business and rely on the revenue to run and stay operational.
After that being said another Manager got involved and released one of the deposits (to help out )… So far to date after two weeks of sales only 1/3 of collected internet sales have been released ..I am still pissed and looking for another Bank and options …
I just thought the public should know ..
I will keep everyone posted on new developments ..
Sincerely
Joseph P Sirochman
American Spirit Arms
16001 N Greenway Hayden Loop
Suite B
Scottsdale AZ 85260
480-367-9540 phone
480-367-9541 faxSourced via Ironic Surrealism
As Karl Denninger succinctly points out, what we have here is a private institution determining that their internal regulations and opinions supersede the Constitution of the United States of America:
*** you Bank of America.
MOVE YOUR DAMN MONEY FOLKS AND TELL THEM WHY.
It’s not enough to sell hinky deals in the housing market, to play “head in sand” with Countrywide, to improperly foreclose (even on houses they don’t actually have a loan on!) and more.
Now we have them deciding to effectively steal by conversion, even if only temporarily a lawful business’ fundsthat supports Constitutionally-guaranteed Rights.
**** that and **** you Bank of America.
We second that.
Vote with your wallets and say no to any business that would trample your rights.
This article has been contributed by SHTF Plan. Visit www.SHTFplan.com for alternative news, commentary and preparedness info.
2013-01-07 11:01:12
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Whistler Blowers, Insiders
Let’s just give it up; crown Obama king, toss the Constitution, and kiss our asses goodbye. This is ridiculous.
Never.
Bank of America is by far the largest corrupt bank in America. It’s own by the thief David Rockerfella. So, is chase, Wells Fargo and Citi Bank. You should avoid banking with these people. These people are Obama’s boss they do lots of illegal activities, stealing folks mortgages for one and money laundering for another. They will claim to pay a fine, do you really believe they are paying any fines?
Cancelled my BOA business account a half hour ago, over the phone with their midwest regional manager, after repeating the fact they directly violated the constitutional rights of anyone affected by this draconian crap. Next I’ll be emailing 65 yrs worth of customers the original cnc story which will lead to lots and lots of cancelled BOA accounts. Never in my life have a seen a more blatant constitutional violation by a major corporation in all my life……….The Nazi’s would be speechless!
Good man Jacksdad, we feel like opening up an account there just so we can close it! I am not usually at a loss for words but this has left me, more or less speechless!?
Regards
Well done….but be prepared for civil war and unlawful detention….stock up on food and water and guns
I did that when the Occupy Movement started. I told the guy with the gun company to do what you just did. Immediately find another bank, re-route all your customer sales into the new account (credit union the best) and tell them to eff off.
Good luck getting people to vote with their wallets: my jaded and cynical opinion is that if these big banks offered even an almost undetectable advantage over other lenders we would forgive them anything and continue to inflate their profits through our continued business.
ps note i said ‘our’ and ‘we’ but i’m not american and i did not say ‘almost’ before the word anything. I made no errors in the point i am trying to get across including the lack of capitals.
post the name, addresses and phone numbers of all Congressmen- HOMEs, not offices, along with Fed Reserve VIPs, Media CEOs and those in power.
at this late date for us to still have our money in the big corp banks that raped and pillaged us shows where we really are as ‘patiotic resistance’.
What people fail to realize is this…
The Communist have not just infiltrated our government but run the major corporations here in the US and around the world.
Take a look at the companies associated with DSS, the company who stopped selling semi-autos to civilians. They also own several car dealerships and a few other companies employing thousands of people. What happens when these companies start firing people for owning firearms???
If you do not go along with the “agenda” then they will shut you down. One way or another.
Make no mistakes about it, the enemy is inside the wire……
“switching from guns to bombs” guns are for personal self defense. The need to establish a constitutional government is at hand. Guns are only one tool, we must think well beyond that. WE must know who we can trust and start establishing cells with known trusted members who only communicate and coordinate with those people. they are watching and listening to everything even this. Google execs were involved in egypt, but did u know google execs have been thrown out of some other countries for election tampering? obamas mother and father met in russian language class.
The criminal elements, especially the criminal CEO of BOA, the secretive Bilderberg Group, and the rest of the mobsters that make up the banking cartel, are scared, very scared. They have, for decades, been robbing the peoples of the world, ruining economies with fraud and deception, and other darker criminal activities. Now, more people are awakening to the truth of the banking mafia, and the mobsters know that they are the hated elitists, with little refuges left, no where to hide, their criminal activities, lies, and fraud exposed.
So we see the results of this fear. The elitists do not want you to have guns. The BOA CEO criminal is so afraid of Americans owning guns, that the mobster blatantly steals the legal business owners money, in broad daylight. This criminal mobster, is scared of you. he knows that he is hated. he knows his crimes, he now exposes his true criminal nature. Lawlessness.
He knows that corruption cannot flourish when the citizens are armed. He is terrified.
The best thing you can do for your community is to sign up for banking at a Savings & Loan or Credit Union. These are the folks who keep the money in the community for car and home loans. I know, I have sold real estate since 1970. Stay away from the commercial banks!
Being a former BOA Escalations Supervisor under The Office of CEO and Chairman I can assure you there is def a reason the big cash registers do not want you the ordinary citizens to have firearms..before I left BOA they were already having training for civil disorder..face it, if there was panic and people did a run for their money there wouldn’t be anything to give out…ever wonder why your only allowed to take a certain amount out per day at the ATM?..next time your deposits are placed on hold if your still a member of Bank of A**holes ask them how much interest they are making off of it…its funny how the funds have cleared the other financial institute it was coming from and still your deposit would be on hold for an extended period of time with absolutely no reason but to gain interest off of it.. CommonSense is right on point go with credit unions.. the banks are closing offices left and right and out sourcing more of the calls to centers in INDIA and MEXICO….and you wonder how your “safe and secure” accounts info is being compromised? ….and oh yes ever wonder why the big deal is to have “online banking”? The internet is being taking over by the UN that means access to your accounts….
While some of us are blaming commies i remind us of a quote from the iron lady.
“The problem with socialism is that eventually you run out of other people’s money.”
This i fear is the point that americastan has reached.
How so very true!
Bank of America…….BIG mistake on your part! Your bank will crash by this summer!