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 aim of this program was to make the businesses that were listed as the ones in the high risk of exploiting the consumer run out of business. This law lost its effect when it included a lot of legal businesses that were considered to be a scam to the consumers and that included the fire arms and ammunition.
This new law also affected a lot of businesses like the Independent Sales Organizations led by Andrew Phillips Cardflex who were accused of helping the scammer drain money from the consumer’s accounts. The unfairness comes in when they are putting some very innocent lawful business people out of business and ruining their source of income. This unfair law had to be put to a stop by people who had the power to do that and take care of the targeted businesses until it happen.
Sudden notices were issued to these “high risk” businesses from their financial institution that they will no longer be serviced by them. The banks and other financial institutions were forced to end some very long term relations with some of these businesses that had to trouble with for all that time. 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. These unfairly targeted businesses that were supposed to be choked out of business had to look for other financial options and we all know that is not easy. Both the financial organizations and the listed businesses are set to incur losses. The damage that this kind had or will have on the business at large is only imaginable.
Andrew Phillips Cardflex law saw some businesses closing and others incurring massive losses if they do not end up in court. The ones that have to end up with a case in court like the Andrew Phillips Cardflex lose a lot of time, energy and even financed in the process. Andrew Phillips Cardflex all believe that the unfair treatment of the targeted business should have ended by now but that is just some believe we will have to keep hoping that it is actually true. Such law that exploit others at the expense of others is against the core purpose of the government. Consider the affected people. These kind of regulations should be eliminated because they go against the very core function of laws.