Operation Choke point Unfairness by 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 program was made to choke out, as the name depicts, the businesses that were referred to as the “high risk”. There are so many businesses that were choked and among them were the guns businesses that are actually legal.
The law was not affecting the listed business alone but also those that did business with them and among them was the ISO Andrew Phillips Cardflex whose one of the principles is Andrew Phillips. 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.
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. 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. 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. Both the financial organizations and the listed businesses are set to incur losses. The losses due to restricted business relations are inevitable.
This kind of law affect where people get their income and some having to face legal procedure. The courts are accompanied by lots of fines, bails and even a lot of money that is used to hire lawyers. The program was ended last year but the businesses are yet to heal if not stop being targeted. 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. Such a law should be buried and forgotten because it is just out of order.