Friday, February 16, 2007

    Banks That Welcome Criminals And Terrorists

    Any foreign national who enters the U.S. illegally is a criminal (8 USC Sec. 1325). It is illegal to hire (8 USC Sec. 1324A), transport and/or harbor an illegal alien (8 USC Sec. 1324). Any money or assets that an illegal alien has is the result of criminal activity.
    For a few years some of the major banks in American have turned any resemblance of patriotism aside and began to support accounts for illegal activities.

    One of these is Bank of America. This week it began issuing credit cards to illegal aliens - without any requirement for a Social Security number. BoA said it's just a pilot program being launched (can you guess?) at 51 branches in Lost Angeles County - land of millions of illegals - criminals. BoA is attempting to hide any connection to illegals stating they are simply targeting people who lack solid credit histories (and no SSNs).

    According to industry analyst Richard Bove, Bank of America is the biggest bank for Hispanics (illegal aliens) in the country.

    Wells Fargo began their "pilot" program last year (yep) in Southern California - offering home mortgages to illegal aliens if they have eluded the law for two years. Again, no SSN needed - but they would consider an individual taxpayer number issued by the IRS.

    Wells Fargo kicked off the competition in 2001 when it became the first US bank to accept identification cards from Mexican consulates to open an account. Now, Wells Fargo has opened more than 1,000,000 accounts for Mexicans without American ID. They also accept Guatemalan, Argentine and Colombian "identification" cards. Nice huh?

    Citibank already issues credit cards to some immigrants without Social Security numbers if they have taxpayer identification numbers. Citibank began issuing the cards nearly three years ago. Spokeswoman Janis Tarter said she can't recall anyone complaining. Think that might be because they kept it hush hush?

    Rep. Tom Tancredo, a Colorado Republican, accused the lender of aiding terrorists, while the Department of Homeland Security worried that the program could be exploited by criminals.
    "At face value the program seems to be problematic," said Russ Knocke, a department spokesman. "It seems to be lending itself to possibilities of perpetrating identity theft or creating more risk for money laundering."
    Gee - ya think?

    And where has our so-called Homeland security been all these years? Time to go hunting for another bank - one that doesn't solict criminals for a buck.

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