Chase Bank Slams the Door on More Porn Stars

[Newsjock]

Source: XBiz

Chase Bank has reportedly sent out letters to hundreds of porn stars notifying them that their accounts would be closed on May 11. Teagan Presley confirmed to XBIZ that her personal account was one of the ones shut down.

... One of the letters, posted here by Perez Hilton, succinctly informs the recipient of the impending closure without citing specific reasons.

“We recently reviwed your account and determined that we will be closing it on May 11, 2014,” the letter reads. “Please accept our apologies for the inconvenience.” Then, continuing in a more "compassionate" vein, "We want you to have enough time to complete pending transactions and open an account at another bank."

And yet, when Presley went to Bank of America to open up a new account, she was summarily turned away.

Read more: http://www.xbiz.com/news/news_piece_print.php?id=178172
Note: The link is to a text-only, work-safe printable version of the article. The actual story page for this article contains adult content and, therefore, is not linked here.

[villager]

1. But they will be sure to keep laundering money for drug lords.

Right?

[blkmusclmachine]

2. Wait until SCOTUS rules favorably for Hobby Lobby & opens the floodgates to flagrant discrimination.

[Prophet 451]

3. That's a very dangerous precedent

PayPal already gets all pearls-clutching over anything involving sex (I know this because I write porn). It's setting a very dangerous precedent when a bank can decide that they're going to close accounts because they don't like a perfectly legal occupation. It also says something about society's ridiculous attitude to sex work.

[WillyT]

4. Ironc... The TRUE Whores... Are Shutting Down The Legitimate Sex Workers...

I wonder if they've shut down ALL of the porn star's accounts.

There have been some that have made serious money.