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Cashless Society: Bank of America Refuses Cash for Mortgage Payment
Posted By admin On February 5, 2012 @ 6:50 am In Money Watch | Comments Disabled
Activist Post 
February 5, 2012
In another example that we appear to be rapidly moving into a cashless society, Bank of America in California refused to accept cash for a mortgage payment. The manager of the bank said it was against their policy to accept legal tender physical currency (aka U.S. dollars) as payment for BoA mortgages.
The customer attempting to pay his mortgage, firefighter Robert Somerton, recorded the ordeal in Lakeport branch which made the bank manager so upset that he called the police. The police detained Somerton for a half hour before releasing him with a warning that he may never return to that BoA branch or he’ll be arrested.
“I was shocked. I had no idea this would happen. Since when does a bank not accept cash?” Robert wrote  after the affair.
Somerton and his wife, Ana, are victims of fraudclosure  and have become the activists known asRob and Ana vs Bank of America . At the height of their foreclosure struggle, they made news  when they threatened to bulldoze their home leaving Bank of America a “smoldering pile of debris.”
Watch the rest of the exchange here .
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URL to article: http://www.prisonplanet.com/cashless-society-bank-of-america-refuses-cash-for-mortgage-payment.html
URLs in this post:
 Activist Post: http://www.activistpost.com/2012/02/cashless-society-bank-of-america.html
 wrote: http://youtu.be/5FPAYqU5Pj0
 victims of fraudclosure: http://ohiofraudclosure.blogspot.com/2011/07/not-just-another-foreclosure-story.html
 Rob and Ana vs Bank of America: http://www.facebook.com/RobAnaVsBofA
 made news: http://ampedstatus.org/fraudclosure-watch-firefighter-to-demolish-home-before-bank-of-america-forecloses-after-deceptive-scheme/
 here: http://www.youtube.com/user/rpsomerton
 NJ Transit Ushers in Cashless Society with Google Wallet App for Smartphone Payment: http://www.prisonplanet.com/nj-transit-ushers-in-cashless-society-with-google-wallet-app-for-smartphone-payment.html
 Our Cashless Society Only Accepts Cash: http://www.prisonplanet.com/our-cashless-society-only-accepts-cash.html
 Bank of America to settle with Fannie Mae, sell mortgage assets: http://www.prisonplanet.com/bank-of-america-to-settle-with-fannie-mae-sell-mortgage-assets.html
 Like Japan, New Zealand Moving Towards Cashless Society: http://www.prisonplanet.com/like-japan-new-zealand-moving-towards-cashless-society.html
 Bank Of America Asks Armless Man For Thumbprint, Then Denies To Cash His Check (VIDEO): http://www.prisonplanet.com/bank-of-america-asks-armless-man-for-thumbprint-then-denies-to-cash-his-check-video.html
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