06-08-2016, 11:09 AM
Gun Seller Choked Off From Bank Finally Gets His Account
Less than three months after being denied access to a bank because he sells firearms, a North Carolina gun seller said the bank reversed its policy and offered him the financial products he needs to run his business.
Luke Lichterman, owner of Hunting and Defense in Tryon, North Carolina, told The Daily Signal, “I’m going to be able to continue doing business.”
After being initially denied from the bank, Lichterman blamed a little-known program called Operation Choke Point. Operation Choke Point was launched by the Department of Justice in 2013 to fight fraud by choking fraudsters’ access to the bank services.
Critics of the program believe Operation Choke Point didn’t just harm illegal businesses, but also legal industries such as gun sellers that the Obama administration doesn’t like.
Less than three months after being denied access to a bank because he sells firearms, a North Carolina gun seller said the bank reversed its policy and offered him the financial products he needs to run his business.
Luke Lichterman, owner of Hunting and Defense in Tryon, North Carolina, told The Daily Signal, “I’m going to be able to continue doing business.”
After being initially denied from the bank, Lichterman blamed a little-known program called Operation Choke Point. Operation Choke Point was launched by the Department of Justice in 2013 to fight fraud by choking fraudsters’ access to the bank services.
Critics of the program believe Operation Choke Point didn’t just harm illegal businesses, but also legal industries such as gun sellers that the Obama administration doesn’t like.