BankWest CORRUPTION exposed closes its own laundering account LOL

[Bitcoinpro]

*****Major editig has been done to this thread as it has become evident the woman is money laundeing for the banks themselves*****



turns out the caller works for the banks and is laundering money

its a complex scam and the caller might not even be aware who

she works for though obviously the bank is being warned

of messing around with these money laundering acounts

https://www.youtube.com/watch?v=7jih0Jzd_Oc

[calkob]

Am i missing something, what was the account closed for?  using bitcoin? 

[Remember remember the 5th of November]

Am i missing something, what was the account closed for?  using bitcoin? 

nice attemp at playing dumb

slaps idiot over the head

never go full retard

1. Check privilege - check.
2. Bad grammar - check.

We have another one guys.

[franky1]

charge back scammer got their funds back and made the woman out of pocket and having account closed due to the chargeback scammers claims..

she definetly needs to get details of the accuser and then file a complaint with the accusers bank

[franky1]

charge back scammer got their funds back and made the woman out of pocket and having account closed due to the chargeback scammers claims..

she definetly needs to get details of the accuser and then file a complaint with the accusers bank

lol how much dont u know?
the account closures are in all fields from paypal ebay to bank accounts
her account should not be closed for a charge back ? did make that up just now
with ur banker buddies
and did u listen to the whole clip, she is supposed to be given 30 days
for an account closure
she actually said she can get proof from the sender to prove it was not a fraudulent
transaction,
the whole claim by BankWest is Corruption , Illegal and Lies
who themselves have invested in Bitcoin also to cover ass

read your terms.. all banks around the world have the same thing.. i too agree it is bad, but its their terms.
and she is naively quoting the 2week-30 notice, based on banks standard practice if their bank product changes.. but.. here is the rub
if someone claims fraud or theft.. that is not a change in bank product. that is instant freezing of account. which is not a bank rule, but government policy(regulation)

again, we can both agree its not right for a chargeback scammer to have so much power over other peoples accounts especially profiting from it and accusing the seller of being a theif to affect her finances twice over..

but the lesson to learn is.. banks are evil and screw people over.. thats why people should stick to bitcoin and only use reputable exchanges, instead of the OTC/localbitcoin stuff.. as thats lesson one of "internet: stranger danger"

[franky1]

charge back scammer got their funds back and made the woman out of pocket and having account closed due to the chargeback scammers claims..

she definetly needs to get details of the accuser and then file a complaint with the accusers bank

lol how much dont u know?
the account closures are in all fields from paypal ebay to bank accounts
her account should not be closed for a charge back ? did make that up just now
with ur banker buddies
and did u listen to the whole clip, she is supposed to be given 30 days
for an account closure
she actually said she can get proof from the sender to prove it was not a fraudulent
transaction,
the whole claim by BankWest is Corruption , Illegal and Lies
who themselves have invested in Bitcoin also to cover ass

read your terms.. all banks around the world have the same thing.. i too agree it is bad, but its their terms.
and she is naively quoting the 2week-30 notice, based on banks standard practice if their bank product changes.. but.. here is the rub
if someone claims fraud or theft.. that is not a change in bank product. that is instant freezing of account. which is not a bank rule, but government policy(regulation)

again, we can both agree its not right for a chargeback scammer to have so much power over other peoples accounts especially profiting from it and accusing the seller of being a theif to affect her finances twice over..

but the lesson to learn is.. banks are evil and screw people over.. thats why people should stick to bitcoin and only use reputable exchanges, instead of the OTC/localbitcoin stuff.. as thats lesson one of "internet: stranger danger"

you cant make a charge back on a bank deposit ur completely making

this up to confuse people

the wording is not chargeback as thats a buzzword for debit/creditcards... but you actually can get a wire transfer reversed.. if you claim fraud. so sorry for using the wrong buzzword..
alot of people have been hit with account closure and false fraud claims, she aint the first.. and she wont be the last.. and it mainly happens due to OTC/localbitcoin scammers playing what i call the chargeback scam.. (technically not that buzzword, but i like it as it explains it easily)

but to clarify with you..i generalised all scammer who attempt to get freebitcoins as being "chargeback scammers". whether is credit card chargebacks or wire transfer scammer refuns claims.. as the result is the same.. accuse of theft and get a refund

so bback to my point. that lady on the phone should push forward and get the "scammer" sorted out.. preferably finding his address and slapping him with a wet fish

[walwus]

Bitcoin enthusiasts and businesses in Australia often have their bank accounts closed without solid reasoning or warning. It's been going on for quite a while now.

[franky1]

Bitcoin enthusiasts and businesses in Australia often have their bank accounts closed without solid reasoning or warning. It's been going on for quite a while now.

firstly banking regulations cannot tell the bank customer the finer details. (while an investigation is going on). thats the same for many countries.

secondly its become more apparent the cause is do to with mostly what i call chargeback scammers.. but correctly defined as wire transfer reversal scammers claiming false theft. (mouthfull i know, hense chargeback scammers)

there are not that many cases that banks close an account due to their own personal choices. the few cases i have seen that it was not related to scammers false claims, were related to high volume transactions that flagged up as money laundering concern

[walwus]

Bitcoin enthusiasts and businesses in Australia often have their bank accounts closed without solid reasoning or warning. It's been going on for quite a while now.

firstly banking regulations cannot tell the bank customer the finer details. (while an investigation is going on). thats the same for many countries.

secondly its become more apparent the cause is do to with mostly what i call chargeback scammers.. but correctly defined as wire transfer reversal scammers claiming false theft. (mouthfull i know, hense chargeback scammers)

there are not that many cases that banks close an account due to their own personal choices. the few cases i have seen that it was not related to scammers false claims, were related to high volume transactions that flagged up as money laundering concern

Well apparently bitcoin related transactions in particular get flagged by banks, as per this article https://www.cryptocoinsnews.com/banks-still-closing-accounts-bitcoin-activity/

But yes I understand what you mean, Chargeback scammers are a real problem, it's a pity that their actions can lead to the closure of the sellers account.

[franky1]

Well apparently bitcoin related transactions in particular get flagged by banks, as per this article https://www.cryptocoinsnews.com/banks-still-closing-accounts-bitcoin-activity/

But yes I understand what you mean, Chargeback scammers are a real problem, it's a pity that their actions can lead to the closure of the sellers account.

but the CCN is quoting a blog.. where the blog is making assumptions as to why some people may get closed
EG "transaction MAY include the word bitcoin".

in the UK the main thing that people affected with bank account closures. were not from bitstamp or coinbase. (because not available in UK until recently). but due to OTC/localbitcoin transactions (person to person).. which people have been doing more often for longer.

so its not like coinbase or bitstamp were "known bitcoin businesses" as the cause either. as i said before UK folk just didnt use "known bitcoin businesses"
between 2012-2015.. yet lots of people had bank problems.
the blog, tried to make reference to a reddit that the blog claims was someone linking to coinbase. but the redditer mentioned their issue. where it was used with coinbase(recently). and the bank happily released the account and the person was allowed to do business..

this other person mentioned that he never used the card online.. which makes me believe that the standard bank flags of unusual use (EG funding an american company) and nothing to do with bitcoin. was probably the cause..

i think people automatically blame bitcoin, far sooner then thinking of banks standard practice rules that have been around for decades before bitcoin.
EG
large amount flag
spending oversea's
buyer claims theft

which brings me onto the context of the localbitcoins/otc transactions.
if you are sending large amounts to a "personal account" rather than a "business account".. expect a red flag
if you are receiving funds from a complete stranger. expect the possibility they will scam you
if you are sending funds in a way that is not part of your usual habit, especially more then normal daily spends.. expect a red flag

all of these things have no relevance to "bitcoin"

and if the banks do reveal there was a fraud claim.. get the details of the accuser and deal with them

[walwus]

Well apparently bitcoin related transactions in particular get flagged by banks, as per this article https://www.cryptocoinsnews.com/banks-still-closing-accounts-bitcoin-activity/

But yes I understand what you mean, Chargeback scammers are a real problem, it's a pity that their actions can lead to the closure of the sellers account.

but the CCN is quoting a blog.. where the blog is making assumptions as to why some people may get closed
EG "transaction MAY include the word bitcoin".

in the UK the main thing that people affected with bank account closures. were not from bitstamp or coinbase. (because not available in UK until recently). but due to OTC/localbitcoin transactions (person to person).. which people have been doing more often for longer.

so its not like coinbase or bitstamp were "known bitcoin businesses" as the cause either. as i said before UK folk just didnt use "known bitcoin businesses"
between 2012-2015.. yet lots of people had bank problems.
the blog, tried to make reference to a reddit that the blog claims was someone linking to coinbase. but the redditer mentioned their issue. where it was used with coinbase(recently). and the bank happily released the account and the person was allowed to do business..

this other person mentioned that he never used the card online.. which makes me believe that the standard bank flags of unusual use (EG funding an american company) and nothing to do with bitcoin. was probably the cause..

i think people automatically blame bitcoin, far sooner then thinking of banks standard practice rules that have been around for decades before bitcoin.
EG
large amount flag
spending oversea's
buyer claims theft

which brings me onto the context of the localbitcoins/otc transactions.
if you are sending large amounts to a "personal account" rather than a "business account".. expect a red flag
if you are receiving funds from a complete stranger. expect the possibility they will scam you
if you are sending funds in a way that is not part of your usual habit, especially more then normal daily spends.. expect a red flag

all of these things have no relevance to "bitcoin"

and if the banks do reveal there was a fraud claim.. get the details of the accuser and deal with them

Ah okay, I actually hadn't thought about it like that. You are correct.

[franky1]

put it this way. if it was a coinbase/bitstamp hatred by banks..

then bitstamp/coinbase would take banks to court for profiling them negatively..
but there are no courtcases which is more ammo to suggest it is less likely banks are red flagging bitcoin businesses, and more often red flagging users for not knowing standard banking practices.

EG i remember a story of someone getting flagged for trying to buy over $10k.. (um HELLO instant headache no matter what your buying).
people strangely think that buying or selling bitcoins privately .. using their bank.. gives the person special powers to not follow normal banking rules.. purely because of bitcoin.

in short, if your using a bank.. learn the rules, then you wont come to a problem

[Kakmakr]

I think people are jumping to their own conclusions, because some banks in Australia has already been taken to court for the same thing. <Anti-competitive practices> They will still do this, but they will be more creative. If these Bitcoiners give them the slightest opportunity, they will jump at it.

These people did not get where they are today, because they followed all the rules. In 2008 we saw how they nearly destroyed the economy, with their scrupulous lending practices and fractional reserve.   

[Bitcoinpro]

the actual caller works for the banks

this is just a case of banks laundering money and

having to make sure people in their own organisation

dont fk around with these particular accounts