Operation Choke Point

BACKGROUND

Operation Choke Point is a program created by the government that is harming lawful businesses by ‘choking off’ their access to banking services. If your bank account has recently been closed without explanation and you own or operate a business in one of the industries below, you may be a victim of Operation Choke Point. The Department of Justice and FDIC are now targeting at least 24 merchants by threatening bank officials with increased scrutiny and administrative subpoenas if they do not completely sever banking relationships with companies in these industries.

The US Consumer Coalition is leading the fight against Operation Choke Point. The programs harms consumer choice and freedom while severely threatening the foundation for our country’s free-market economic stability. In addition, USCC believes the Administration’s efforts through Operation Choke Point are unconstitutional, illegal, and fundamentally violate due process. Chairman Darrell Issa’s House Committee on Government Oversight and Reform released a report on May 2014 condemning Operation Choke Point as illegal and counter to the rule of law.

We need your help to stop Operation Choke Point. If you are a victim of this program or have seen these damaging practices in your place of business, we need to hear from you. Tell us your story by clicking here and visiting our Whistleblower page.

 

FDIC’S LIST OF “HIGH-RISK” MERCHANTS INCLUDE:

  • Ammunition Sales
  • Coin Dealers
  • Credit Card Marketing
  • Firearms Sales
  • Fireworks Sales
  • Gambling
  • Home Based Charities
  • Multi-Level Marketing
  • Pharmaceutical Sales
  • Short-term Loans
  • Telemarketing
  • Tobacco Sales
  • Travel Clubs

 

WHISTLEBLOWER STORIES

FEATURED STORY:

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Brennan Appel
Charlotte, NC
Industry: Tobacco & Tobacco Products

“I was just in shock. It doesn’t make sense when you’re with a bank for over 12 years and they just give you a couple weeks notice…and they don’t tell you why.
*Appel lost his Bank of America accounts in May of 2014. In February of 2015, his payment processor shut down his account.

Read More More Stories

 

TELL YOUR STORY

If you operate in one of the industries targeted by Operation Choke Point and your bank account was shut down, please visit our response page and tell your story.