bank accounts

One year after Wells Fargo was busted in the biggest post-financial crisis scandal, when Warren Buffett's favorite bank was exposed for fraudulently "cross-selling" bank products, including creating millions of credit cards and bank accounts to its customers that were never requested, and which cost the former CEO his job, Wells has just been busted yet again for another major scandal: the NYT's Gretchen Morgenson writes that more than 800,000 people who took out car loans from Wells Fargo were also charged for auto insurance they did not need, and some are still paying for

Authored by Simon Black via SovereignMan.com,

This one is almost too ridiculous to believe.

Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly,

“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”

You can probably already guess its contents.

Cash is evil.

 

Bitcoin is evil.

 

Submitted by Jayant Bhandari via Acting-Man.com,

India’s Currency Ban, Part VII

This article continues right where Part VI left off (for earlier updates on the demonetization saga see Part-I, Part-II, Part-III, Part-IV, and Part-V).

Biometric banking is coming to ATMs, testing is already underway. The new ATM concept would allow people to unlock their bank accounts with an eye scan. However, the technology that will do away with the need for cards in favor of iris scanners is being developed by a company accused of election fraud Activist Post reports: The video below makes the same plea to embrace new technology that is always heard when discussing a solution to the very real threat of identity theft. However, it is worth noting that in this case the company which is developing the solution is Diebold.