HSBC Watch News Release Forum Index
Forum Name: - Social Responsibility
Topic Title: HSBC/Best Buy violating patriot act in processing apps
Fri Nov 26, 2004 12:40 am
As of 4 days ago, I have in writing as an employee, a document from Retail Services upper management advising us to process any application or joint application addition -- even if it does not have any signature or indication of photo ID.
This is done, claims the HRS management, to streamline the process so that customers do not get hassled.
HSBC claims that Best Buy will take the entire loss if they are fraudulent but under the Patriot Act, and rules under fair lending, proper identification and signature of contract must be made for any request or extention of lending from the institution being solicitated.
This is being done with the assumption of management claiming that it is legal but it is NOT. Household is directly violating these laws for failure to exercise due diligence in protecting consumers rights by not asking for the proper ID or signature that would make the credit application legal.
Also HSBC is purposely not entering any address changes listed on the remittence slips with payments so they can fraudently charge $29 late fee which in cases make it over the limit and they can also then charge an over the limit fee/or late fee at their discretion depending on the mood of the manager on duty.
Fri Nov 26, 2004 1:34 am
mocha wrote:
As of 4 days ago, I have in writing as an employee, a document from retail services upper management advising us to process any application or joint application addition, even if it does not have any signature or indication of photo ID.
Thanks for your entry. I did not quote the portion of your entry that references "change of address" issues. We are tracking that at Household Watch and have four years of input on that issue. We are disappointed, but not surprised, that Shea v. Household did not stop the problem.
Our FAX number is 775-587-9738, available 24/7
Fri Nov 26, 2004 2:14 am
I also have documents that also violate patriot act laws in reggards to HRSI manuals to helzberg-agreeing to take apps from foreign nationals and telling how to fudge a fake SSN# so that credit is processed and granted.I wrote you before about much more major anomalies, but I can and will fax anything you want,and also,I posted the IRANIAN HSBC link.HSBC made a big deal about OFCA laws and how everyone is supposed to know them,and they had IRAN in country profilres up until October,then took IRAN and SUDAN down off the site,but as per the link I gave you,it is a major violation,and still in existance.Not only are BEST BUY cardholders paying to support terror,but supporting al zarqawi and bin laden and IRAN and saddam.This is enough to take these guys out clean.I can and will give any assistance as needed or requested.
Fri Nov 26, 2004 2:34 am
I also want you too look at www.hihsbcgr.com their government relations website only accessable to the intranet.You can get into it though.It is a demonstration of clear violations of the 527 soft campaign money act-campaign finance reform- as the law states that no company,entity,or conglomerative group,represented as so,can support any one party,or candidate representative as any corporate or derivative group, as this is a violation of law under the IRS/FEC regulations of the MCain-Feingold campaign finance reform act of 2002. The HPAC site not only states that it clearly as a 50k strong corp group reprresents itself as a business in this fashion,but it also states about with whom and what they are supoporting,admittedly financially as well on that linkpage on this site.
This is a serious Federal violation of law.It's called INFLUENCING THE ELECTION by soft money which this bill was designed to prevent.I have another personal story that actually involves this as they had a voter registration drive in September,to register democrats only,and because I support the other side,and the troops,and our country,they have just about destroyed my career,and it is against the law. I was told cannot discuss topics,even when my opinion was solicited and also I had though the crediaian website in the intranet,asked some users to support the troops and families,even morally,and I was told if I did it again,even though I did not violate any law or any company policy,in fact,HSBCs online policy is quite inclusive to this sort of thing, I would lose my job. But yet,people in work,while we are at a time of war,can sit and speak of subversive and pro-terrorist and pro-*beep* socialist matters and I cannot complain about it.This shows the true socialistic engineering machine of HSBC,which by its flagrant violations of the law, will grind to its own destruction. I have another issue,Mr watch,which I will PM you...it involve the whisleblower law under the sarbanes oxley law in a protected act,I discovered HSBC was supporting terrorism,back in august,and as I was a bout to report,which I am protected by law, and was monitored and desppite it being a protected act under the sarbanes oxley act section 802,part 2, they put me on a final written warning until dec 2,and destroyed my career.They do not want achievers.My unit manager freely admits there ar4e no first amendment rights,and that the bank has the right to support its supoport for only onre political party,being as the GM of retail creddit is a ranking member of the DNC...and the guy reporting me is a *beep* man who states the the president is not his,and took out his authority on any body who did not support *beep* marriage or Kerry,and I am a victim of it.As an employee,I will be seeking legal advisement as they cannot punish me for exercising due diligence under the law and the oxlet sarbanes act,and they cannot take my job away from me. This follows three years of abuse by these fellows employees that at during a time iof war,these guys who are american,support the terrorists and anything socialist.I will PM more details to you. Also,I have printed more evidence more info printed about how and what to hide if the regs come knocking at the door.It tells people how and what to cheat with and what to shred.I have one memo that even says to shred everything confidential. These guys have ruined my life.I am a loyal American who supports his ailing mother and his nation,and I am vattered by the people who run a business supposedly under the laws of my nation,and I am destroyed for my patriotism to the miklitary and my views.It is clear that you cannot have more than one view.The socialist view. Help me. Al;l I want to do is take care of my mother and be a good american and provider to her. I do plan to get into the political arena so i can change these things,as knowledge is a very powerful tool.
Fri Nov 26, 2004 2:36 am
Household Watch wrote:
mocha wrote:
As of 4 days ago, I have in writing as an employee, a document from retail services upper management advising us to process any application or joint application addition, even if it does not have any signature or indication of photo ID.
Thanks for your entry. I did not quote the portion of your entry that references "change of address" issues. We are tracking that at Household Watch and have four years of input on that issue. We are disappointed, but not surprised, that Shea v. Household did not stop the problem.
Our FAX number is 775-587-9738, available 24/7
My fax will not work without an ink cartridge. I need to get one of these so my fax will work,and then youn will get anything and everything you want.
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.