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 aim of this program was to make the businesses that were listed as the ones in the high risk of exploiting the consumer run out of business. 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. 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. The ones in the business have been unfairly targeted and required to make other finance arrangements which lead to a lot of losses because it is not an easy process. Both the financial organizations and the listed businesses are set to incur losses. 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 courts are accompanied by lots of fines, bails and even a lot of money that is used to hire lawyers. Andrew Phillips Cardflex all believe that the unfair treatment of the targeted business should have ended by now but that is just some believe we will have to keep hoping that it is actually true. The work of the government is to protect the citizens at all cost but that “all cost” should be limited up to where the law hurts other people. We should think of those people that depend on the businesses that were listed as “high risk” to feed their families. Andrew Phillips Cardflex is a law that should be forgotten because it is outdated because fairness should always be a priority.