[Update: Boycott] Chase Bank allegedly closing or shutting down accounts without a valid reason; some suggest a political biased action

Here’s the crux of the article in video form:

New updates are being added at the bottom of this story…….

Original story (published on July 26, 2023) follows:

Chase Bank, one of the largest financial institutions in the United States with a storied history dating back over two centuries, stands as an iconic pillar of the banking industry in the United States.

Founded in 1799 as the Bank of the Manhattan Company, it has since evolved and grown through mergers and acquisitions to become one of the largest and most influential banks in the nation.

However, Chase Bank finds itself embroiled in a heated controversy after a user’s tweet (from Dr. Joseph Mercola) went viral, accusing the bank of arbitrarily closing accounts without providing a logical explanation.

The publication of this tweet has sparked outrage among customers, leading some to question the bank’s practices and ethics (1,2,3,4,5,6).

The tweet in question came from a disgruntled user who claimed that not only their personal account but also their business accounts and those of their relatives were closed without any apparent reason.

According to Mercola, no prior warning or explanation was offered by the bank, leaving them and their family members shocked and frustrated.

Customers have described Chase Bank’s actions as ‘abhorrent’ and ‘shameful’, questioning the bank’s commitment to customer service and transparency.

Several Chase users have expressed their intent to switch banks if the decision is not promptly reversed.

This is outrageous and this is soon coming for all of us who don’t support the official narrative… Coming for all of us unless we push back. Call Chase. Pull your money. Close your credit card accounts. Tell them why. @ChaseSupport @Chase
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@ChaseSupport Chase, you are shutting down peoples’ accounts that were not committing any crimes? Are you trying to go out of business?
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Amid the public backlash, some individuals have gone a step further and suggested that Chase Bank’s decision may have been influenced by political bias.

This accusation has escalated the situation, intensifying the controversy. Allegations of political bias in the business sector are particularly concerning.

They can undermine public trust in the neutrality of financial institutions and raise doubts about whether decisions are based on fair practices or external pressures.

@ChaseSupport should we start closing our accounts, since you think it’s ok to close accounts due to political affiliations?
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While there is no concrete evidence to support the claims of political bias, the mere suggestion has added fuel to the fire and has raised speculation about the bank’s internal policies and practices.

Chase Bank has yet to issue an official response to the accusations, which has further angered and raised frustration customers.

As the controversy continues to unfold, it remains to be seen how Chase Bank will respond to the allegations and how the situation will impact the broader banking industry.

10:09 am (IST): The situation gets even worse as Dr. Joseph Mercola has posted how the account closures are affecting their CFO’s husband, who has advanced dementia and requires constant 24/7 care.

The affected person also suggests that the accounts closure could have been due to a political bias based on his opinions on COVID.

Moreover, several users have started (1, 2, 3, 4, 5) a boycott campaign against Chase Bank until they resolve the problem.

09:03 am (IST): Evidently, Chase bank has a history (1, 2) of being entangled in similar situation.

Moreover, the consistent alignment of those impacted with a particular political spectrum adds fuel to the theory of potential political bias in their account closures.

11:30 am (IST): In May, Florida Governor Ron DeSantis signed a law that prohibits banks from discriminating against customers based on their political beliefs. He said:

We don’t want any banking or lending practices to be imposing an ideological litmus test on your ability to get a loan, a line of credit or even a bank account,
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The law, which went into effect on July 1. If an investigation finds that Chase Bank violated this law, the bank could face sanctions.

03:02 pm (IST): Some users have been recalling (1, 2, 3) that the Chase bank allegedly never closed Jeffrey Epstein accounts even though he was involved in a serious human trafficking case.

There are reports from big media linking Epstein to Chase bank executives and even Dr. Joseph Mercola, the original affected user of the story, spoke about it.

Note: We have more such stories in our dedicated News section, so make sure that you follow them as well.

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