Government Program "Operation Choke Point" Closing Down Porn Stars' Bank Accounts

Screen Shot 2014-05-01 at 14.19.33 Wow, these guys are comedians. Disinfo reports:

VICE’s Mary O’Hara speculates that a Department of Justice government program called Operation Choke Point may be behind Bank of America’s recent closures of bank accounts belong to adult film stars.

Via VICE:

This isn’t the first time adult entertainers have claimed that banks were discriminating against them.

In May 2013, CNBC wrote about actress Chanel Preston’s sudden account termination at Los Angeles’ City National Bank, and porn studio head Marc Greenberg’s lawsuit against JP Morgan Chase for violation of fair lending laws. Greenberg wanted to refinance his longstanding home loan, and said a JP Morgan vice president told him he was being declined for moral issues.

A Chase representative told VICE News they have no comment.

Now, news is slowly surfacing that shows the US Department of Justice may be strong-arming banks into banning porn stars.

It’s called Operation Choke Point, and it has nothing to do with deep-throating.

Instead, it’s a targeted effort to shut down as many as 30 separate industries by making it impossible for them to access banking services.

In a Wall Street Journal op-ed Thursday, American Bankers Association CEO Frank Keatingwrote that the Justice Department is “telling bankers to behave like policemen and judges.”

“Operation Choke Point is asking banks to identify customers who may be breaking the law or simply doing something government officials don’t like,” Keating wrote. “Banks must then ‘choke off’ those customers’ access to financial services, shutting down their accounts.”

Keating said the highly secretive operation was launched in early 2013. That’s when porn stars started to complain to the media that their bank accounts were being shut down without explanation.

Read the rest at VICE.