How Millions of Americans Got Tricked Into Using a Bank That Isn’t a Bank

Great video thanks for informing so scary

Any time you see "NEO" stay the hell away from it.

The USA is a whole country scam.

If you want high yeilds and actual banks..Barclays , Cap One, and Sofi now has a charter..

Hopefully the victims vote with this in mind

Long story short, don't use any institution that isn't directly FDIC/NCUA insured themselves. The so called "pass-through" coverage is sketchy.

There is NO FREE MONEY in a neoliberal capitalist society. Wake up people. The Predators from Arkham run the show now. Protect yourself and educate, educate and educate yourself. This is your only protection.

This is so sick. Thanks for this video.

WHY the f**k whatever shitty thing is HAPPENING IT can be traced back to peter thiel ?

This caused me to re-check something. I have accounts at Forbright Bank which is wholly FDIC, and Openbank which I re-read tonight is a fintech in partner with its parent, Santander Bank, which is wholly FDIC. Does this mean im safe or should i quickly close it? The account is held at Openbank which says on its website that its FDIC. Would FDIC say its not insured because its not held at Santander Bank?

Their money was stolen.

So it turned into a literal Ponzi scheme? Of course that piece of shit Peter Thiel is connected to this

customer has some responsibility for due dilligence

I had $1,000 on 10 Green Dot cards inside of a binder in my vehicle so that if my purse or phone wallet was lost or stolen I would have access to plenty of funds. Windows on my Suburban or busted out and 5 million in musical instruments and Ballroom gowns and music stands and gold jewelry specifically for this one show that I just got from a storage unit in Utah was stolen. The binder I had behind the passenger seat and of course all of the handmade items that I spent years creating for one specific person or also taken. So I thought I wouldn't have to spend the next 3 years 40 hours a week mind you trying to contact the bank but you are unable to contact them because the only way to speak to someone is by entering your debit card number. Tried every Avenue possible and did over 7 million internet searches on how I can speak with someone at Green Dot bank. My sister Anita in Iowa is the one who turned me on to Green Dot bank since for the most part for about 20 years she didn't have a bank account. I thought this would be a wonderful way to have extra debit cards and I always had at least 10 to 20,000 cards to give away to homeless people. So 3 years wasted not able to contact anyone to let them know that my debit cards were stolen from my vehicle so Green Dot Bank profited 10,000 Plus off of me. Moral of the story never have debit cards ever only have your cash on hand. Plus Social Security only allows you to have $100 total and your bank account before they cut you off. So they want you to have just $100 available in case you need to go to the emergency room or someone breaks your teeth during a surgical procedure obviously replacement of a tooth is 5,000. So if you have more than $100 in your bank account the US government will steal it out of your account. Mind you you only claimed it to examinations for 50 years of working two full-time jobs and saved all of your pay stubs in a binder which is in a storage that you cannot access because your vehicle is still not movable because someone keeps taking the battery out once you replace it. Never ever have more than $1,000 in a bank unless you want to kiss it goodbye. Lost $5,000 in my business account which was in an institution called F O U N D and was setting up the business and needed to pay the business license and the and website fees and it was gone as well.

The only difference between us and Billionaires are the amount of assets they own. Their bodies are still soft and squishy like ours.

Add Revolut to this list. Don't keep any funds in them long term.

This is why I bought physical 1 ounce gold and silver coins.

Just deposit your money on normal money

This is why voting matters. Can't believe people genuinely voted for trump, he only makes his cronies rich

8:13 “How can we prevent something like this from happening again?”

I can think of a few things…