Gun Manufacturer Claims Bank of America Withheld Money Over Online Sales
In late December, Joe Sirochman, president of American Spirit Arms, took to the Internet, claiming that Bank of America illegally withheld his company’s funds because of the nature of its business. On his company’s Facebook feed, Sirochman wrote that the bank put holds on payments for guns it sold through his e-commerce site. When he called to investigate why the deposits were being delayed, he alleges, he was eventually told by by a bank representative: “We believe you should not be selling guns and parts on the Internet.”
Citing client confidentiality concerns, Bank of America refused to discuss Sirochman’s specific case on the record. However, a bank spokeswoman noted that — like most financial institutions — Bank of America often flags atypical transactions, including major surges in deposits or withdrawals. MORE
Of course the video that was posted of someone "Freida" calling BOA is marked private now, but I did find this video and I'm leaving a few comments left on it, seems odd to me fact or fiction with all this other BOA stuff Published on Jan 15, 2013
8:55 is where the service rep picks up.
I watched a video labeled "2nd Amendment ALERT!!! I just called Bank of America... you have to hear this!" (http://www.youtube.com/watch?v=x4f2h5EiWPY) by the user "fstemick" and decided to fact check its validity for myself. I obtained the number from the Bank of america website in the contact page on their site. The number I dialed was 1-800-432-1000. The OP claimed in her comments that was also the number she dialed which cannot be verified in her video. I'm not trying to smite her claim if it is true but I did not get the same result as you can see for yourself. Also I thought it was very odd that she had a website at the top of the screen the whole time. I must say I'd appreciate knowing this if it were true, however that doesn't seem to be the case. Any naysayers should feel free to call them for yourselves and If anyone else gets any other response on video feel free to attach it as a video response.
8:55 is where the service rep picks up.
Uploader Comments (WorldAmongstRuin)
JohnRambo45acp 6 hours ago
Why did he have to double check? I've seen several videos now trying to debunk Frita Stemics video and all the associates either have to double check or get their supervisor. If her video is bullshit like some people think, shouldn't the BOA associates automaticly know the answer to the question?
WorldAmongstRuin 5 hours ago
I checked because I wanted to believe her and it wasn't true. Its not like I wanted her to be wrong. Hell, I absolutely despise bank of america, its just not right to spread disinformation like that. Also it makes people who are searching for the truth look dis-credible when they believe this stuff and tell it as fact when it can so easily be proven false. All it takes is for you to pick up your own phone and call in and ask.
Reply · 2 in reply to JohnRambo45acp
fstemick 2 hours ago
thanks guys! this is a firestorm. My video was not fake, n or false and I only expected my usual 50 or so views. But, I have since posted up an update video because after viewers said they were gettin other info, I called again and ofcourse, the "policy" was different on the next call. I was lied to, but I wish I had not tried to warn everyone because its caused me to look like a liar, when I have the proof recorded.
Reply · in reply to JohnRambo45acp
WorldAmongstRuin 1 hour ago
Why did your first video have a web address at the top and the second one didn't? Its things like that, that make us all skeptical. Also you left it up all day giving all the conspiracy and independent news blogs time to start posting it. I'm not saying you did anything wrong if you are telling the truth but from an outsiders view it looks suspicious. The worst part is that because its not true, we all look stupid because you didn't correct the error in a timely manner. Did you like duping us?
Bank of America Leads Charge Against Guns
January 8, 2013
The Democrats’ campaign against the Second Amendment is obvious and expected after the Sandy Hook shootings.But the gun grabbers are also getting some help from Bank of America.
According to Joe Sirochman, owner of American Spirit Arms, the bank out of the blue on Dec. 18 decided to delay processing deposits, threatening his company’s operations.
American Spirit, like other gun sellers, has seen a huge increase in online sales in recent months, up 500 percent, according to a Dec. 29 Facebook posting by Sirochman.
The company has been a BofA customer for more than 10 years and had no problems until last month, when the bank held up the company’s online deposits.
The Council on Foreign Relations “think tank” is the octopus that has its tentacles in the United Nations, the Obama Administration and Democratic political campaigns going back at least to Michael Dukakis’ presidential bid. Corporate members include major companies like Exxon, Coca Cola, Google, Walmart and Soros Fund Management. It’s one of the primary movers behind the United Nations’ Agenda 21, one component of which is — complete lack of surprise — global gun control.
As the fight over Americans’ right to defend themselves warms up this month, expect the Left to attack not just through government but through its puppet businesses as well. MORE
Bank of America tells gun manufacturer it no longer wants their business?
POSTED AT 10:26 PM ON APRIL 20, 2012 BY ALLAHPUNDIT
I’m thinking there has to be more to this story, not because I doubt that there are lefty corporate execs who find guns and gun owners loathsome but because from a business standpoint this is the highest of high insanity. My strong suspicion from years of following news on the right is that gun enthusiasts are the single most passionate interest group in conservative America. The barest whiff of some form of new regulation becomes an instant sensation online. If I ran a business they’d be the very last lobby I’d want to cross, just because they’re ready, willing, and able to organize a mighty effective boycott. Surely BOA, a company that’s headquartered in a southern city, knows the shinolastorm they’d be inviting if they pulled something like this.
And yet, here we are.
McMillan Fiberglass Stocks, McMillan Firearms Manufacturing, McMillan Group International have been collectively banking with Bank of America for 12 years. Today Mr. Ray Fox, Senior Vice President, Market Manager, Business Banking, Global Commercial Banking came to my office. He scheduled the meeting as an “account analysis” meeting in order to evaluate the two lines of credit we have with them. He spent 5 minutes talking about how McMillan has changed in the last 5 years and have become more of a firearms manufacturer than a supplier of accessories.
At this point I interrupted him and asked “Can I possible save you some time so that you don’t waste your breath? What you are going to tell me is that because we are in the firearms manufacturing business you no longer what my business.”
“That is correct” he says…
“So you are telling me this is a politically motivated decision, is that right?”
Mr Fox confirmed that it was. At which point I told him that the meeting was over and there was nothing let for him to say.
Any reason to think that BOA really might make a politically motivated decision to cut ties with gun businesses? Well, maybe. Read Bob Owens’s post at PJM for lots of interesting background on McMillan and BOA: MORE