DOJ May Be Reason Bank of America Is Closing Porn Stars’ Bank Accounts

PIC: Scarface999

PIC: Scarface999

VICE’s Mary O’Hara speculates that a Department of Justice government program called Operation Choke Point may be behind Bank of America’s recent closures of bank accounts belong to adult film stars.

Via VICE:

This isn’t the first time adult entertainers have claimed that banks were discriminating against them.

In May 2013, CNBC wrote about actress Chanel Preston’s sudden account termination at Los Angeles’ City National Bank, and porn studio head Marc Greenberg’s lawsuit against JP Morgan Chase for violation of fair lending laws. Greenberg wanted to refinance his longstanding home loan, and said a JP Morgan vice president told him he was being declined for moral issues.

A Chase representative told VICE News they have no comment.

Now, news is slowly surfacing that shows the US Department of Justice may be strong-arming banks into banning porn stars.

It’s called Operation Choke Point, and it has nothing to do with deep-throating.

Instead, it’s a targeted effort to shut down as many as 30 separate industries by making it impossible for them to access banking services.

In a Wall Street Journal op-ed Thursday, American Bankers Association CEO Frank Keating wrote that the Justice Department is “telling bankers to behave like policemen and judges.”

“Operation Choke Point is asking banks to identify customers who may be breaking the law or simply doing something government officials don’t like,” Keating wrote. “Banks must then ‘choke off’ those customers’ access to financial services, shutting down their accounts.”

Keating said the highly secretive operation was launched in early 2013. That’s when porn stars started to complain to the media that their bank accounts were being shut down without explanation.

Read the rest at VICE.

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  • Anarchy Pony

    That’s why I hide my money in a plastic tube in my gas tank.

    • Jonas Planck

      Captain America, where are you when we need you?

    • https://twitter.com/anti_euclidean ÿ

      …all my money has gone to seed…

  • BuzzCoastin

    another great example of
    why they must call Duh Homeland
    the land of the free
    that way the peeps will know they’re free
    and not living within a totalitarian utopia

  • Prince Puffin

    Good thing there’s bitcoin. Hare Krishna!

  • emperorreagan

    The only times I’ve been put in a triangle it was by dudes who really should wash their gi bottoms more frequently!

    • Matt Staggs

      Been there. Bad thing. Soap – plus Gold Bond – can work wonders.

  • http://hormeticminds.blogspot.com/ Chaorder Gradient

    Zee plan is for them to move to bitcoin. Then more reasons to hate on bitcoin will surface.

    • https://twitter.com/anti_euclidean ÿ

      Teh bitcoinz rebranding beeginz rite hur

      It will $$$ €€€ ¥¥¥ in the usual bubble fashion until ripe for harvest.

  • Jonas Planck

    So I am to assume, judging on the basis of recent court decisions, that money laundering, terrorism, and drug trafficking aren’t on the list of businesses that the DOJ wants to “discourage.” … so what ARE the other 29 industries, then? Legal marijuana is probably a safe bet… that leaves 28. Any guesses?

    • InfvoCuernos

      I found a list:
      Ammunition Sales
      Cable Box De-scramblers
      Coin Dealers
      Credit Card Schemes
      Credit Repair Services
      Dating Services
      Debt Consolidation Scams
      Drug Paraphernalia
      Escort Services
      Firearms Sales
      Fireworks Sales
      Get Rich Products
      Government Grants
      Home-Based Charities
      Life-Time Guarantees
      Life-Time Memberships
      Lottery Sales
      Mailing Lists/Personal Info
      Money Transfer Networks
      On-line Gambling
      PayDay Loans
      Pharmaceutical Sales
      Ponzi Schemes
      Pornography
      Pyramid-Type Sales
      Racist Materials
      Surveillance Equipment
      Telemarketing
      Tobacco Sales
      Travel Clubs

      Looks like my dreams of the big time through Ponzi scheming have been ruthlessly squashed.

      • Jonas Planck

        Looks like the government and the banking elites are cracking down on the competition! These ARE largely predatory occupations… It would seem I guessed right about those social engineering policies they like to say they they don’t participate in…

      • godozo

        Interesting list…

        Quite a few of these I’d like to see disappear – those that chase after the desperate, of course. Remove those items, though, and what remains appears to be an attempt to force blind dependence of Government (and, through them, their Corporate Masters).

        What gives this plan away? Ammunition Sales, Travel Clubs, Home-based Charities and Dating Services are part of the list.

  • rhetorics_killer

    A very strong motive to brag about ‘its nice and fair’ democratic system is for the US to maintain strong censorship on moral grounds, via a highly toxic dose of christianity, pervasive in all parts of the social network, purspiring through every pore. Is a 1% enjailed population still free to talk after priests have sounded an A?

  • Ted Heistman

    By this logic “evil people” have must have better teeth too because they remember to floss.

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