Citibank actions are inexcusable!
This is a rage blog.
You should have the right to do with your money whatever you wish. That is becoming a big issue for Citibank customers, as people are being arrested for trying to take money out of their accounts and/or close their accounts down at the bank. Now, this is inexcusable. This is your money. It’s not as if, any of us have a lot to begin with, Now they don’t want us to have it. They can’t just make money off us and rob the country thru bail-outs….no, they want to keep what little we have. That is not tolerable.
Citibank is one of the four largest banks in the world. The others may follow this practice.
Some things you can do to fight back against big banks:
*If you can get your money, and need a bank, use small local banks.
*Don’t use debt cards, as the large banks and credit card companies profit from each use.
*Don’t support major corporations, shop small local businesses.
*Stop buying stuff- only buy what you need to survive and only do what you have to -to survive.
Take your power back.
http://www.friendburst.com/blog/67818/citi-bank-locks-customers-arrested/
How are they even justifying this? It is clearly illegal to not allow someone to close their bank account.
I say citibank kidnapped those people by holding them hostage under false pretenses! SUE THE BANK!!!!!!!!
Depending on how many people wanted to close their accounts and exactly how much money it would remove from the bank branch, I wonder if they used the phrase “run on the bank” when alerting the police department.
To freebird, unjustified false imprisonment, holding without cause, and slander/liable.
To spk, I believe that was said after the fact. In the beginning it was they were causing a disturbance.
On another front, the Federal government has informed banks in the State of Colorado that if they do business with legal Colorado State Medical Marijuana Dispensaries, that they will be charged with money laundering. So now those dispensaries have to store their money in safes on their locations. This of course could result in break ins to steal the money, and also the money could be used as evidence against the legal Medical Marijuana dispensaries
Excellent screed 🙂 VERY Informative too .. I had no idea the issues were ths far out of hand. Thanks for posting 🙂
I would have a good story about citybank s founders as well…HA.BUT …some other time
The banks don’t have your money. They have already invested it in failed stocks. When you want your money they refuse to admit the lost it.