I thought my 25k a month was yuge and then I read your comment...

Wow. Sounds like that CU is just waiting to be targeted by money launderers. They have no systems in place to warn them about unusual activity re risky patterns, like like a ton of MO deposits/month, month after month.

Just curious, is the MS worth your time? I'm guessing it's mostly online purchases of $500 VGCs? It seems your local WMs are just as laid back as that CU :)

Im sure it is, either for cash back or miles/points

I stopped with FBs because it wasnt worth my time.

It sounds like some ppl are shutdown doing BP and some are shutdown for purchasing gcards. If you buy from Simon, gcm or giftcard dot com it is obvious what you are buying.

I haven't followed the previous shutdown threads regularly, but I haven't seen many data points of people saying they got shut down for buying GCs online, not sure if there are many of those.

Also, the data points caveat in general is assuming people reporting them are not forgetting to mention something else they were doing with that bank that might have triggered the shutdown.

Indeed - ML folk like to heavily deposit money orders in CUs instead of buying real estate and hard assets to launder their millions. In an alternative universe, perhaps. MO deposits are peanuts compared to the ML potential of cash only real estate purchases, especially of commercial property in places where transaction prices do not have to be made public. With a few shills, you can get any stain out of your drug money. Ditto if ya wanna play yachtzee with half million dollar boats. But we worry more about penny ante MO deposits? :rolleyes:

If it's due to inactivity and they say they will close your acct in 2-3 months then it's best to transfer any rewards and agutbit down yourself if you don't want the acct

massive barclays shutdown :(

ran 7 decimal places through km bp however :cool:

wow! at least $1M b/p at K using FBs?!!! that's a feat with no split tender and we're talking of K, most branches are closing, if they haven't closed yet, that makes it doubly impressive. you must have inside connections with the K people ;) the only one I know who can get away with that is tahsir.

I didn't do anything on my Bluebird for the past year, and before I only did a couple of 500 GCs in WM. Yesterday, I relinked my debit cards and withdraw fund sources. When I tried to add funds using my debit card just verified, it told me:

"Due to unusual usage patterns" I am not be able to add funds.

I called in, a person told me to try in one hour as their server has some problems (that was yesterday). But until now, no luck. Does that mean I was shut down? I never got shutdown emails.

Anyone heard rumors of BOA changing it's policy on money order deposits in branch?

LOL, love when people talk about things like ML they know nothing about (or watch Scarface and think they are an expert...). Never mind the real estate transaction will still require a 1099-S and no reputable escrow agent or title company will process a RE transaction w/o "source of funds" DD. Majority of all ML is your local laundromat, dry cleaner, bar, or club that has a lot of cash transactions and initial investment that doesn't require a bank.

the best way to find out if one is shutdown is do a test load with DC or CC and you get such message, you're shutdown.

No use calling prepaid am3x reps, they can't help you nor can they reverse a shutdown. However, you can do another test load in 24 hrs and if it goes through, consider that message a glitch but if you get the same message that you can no longer load, that's the end of MSing with that account.

Sometimes shutdown emails go to spam folders and other times, no shutdown emails at all but you can rely on the message you get when you try to load online at least twice.

Opening a Bluebird account
 

Hi guys, I was contemplating on opening a BB account, but not sure if it's worthwhile now or rather go other routes like VENMO nowadays. I never tried BB and fell in love with the ease of usage.

Venmo,,, you gatta have a trust worthy friend to send the money back to you...

Meh - you forgot lunch trucks, strip joints and pawn joints which also do booming business. As for reputable agents and companies, the great recession taught us about how reputable the real estate players are. The banks were in bed with appraisers and agents in bed with all manner of folk. The real estate casinos run all manner of rigged games both here and abroad. :D

See http://www.cnbc.com/2016/07/27/us-tr...urchases-.html

"The U.S. Treasury on Wednesday expanded its hunt for international criminals who launder money through real-estate deals by ordering title insurance companies to report all-cash buyers' identities in parts of California and Texas, as well as greater swaths of New York and Florida.

The program to unmask the individuals behind shell companies that buy high-end houses with cash will still cover New York City's Manhattan and Miami-Dade County, its two focus areas announced in January. Starting in August, it will also reach into New York's boroughs, Florida's Broward and Palm Beach counties, and Los Angeles, the San Francisco Bay area, and San Diego, California, as well as San Antonio in Texas."

One must assume that the Treasury knows a bit about ML.:cool:

**Treasury might want a look over in Florida's Collier County where Judge Judy has some interesting neighbors.**