Yes without question, this is my story…
In 2015, SohoStar announced a communication product called “The Red Pill®”. In 2019, after completing the engineering design, The Red Pill was ready to start production, having established an online store for SohoStar, setting up merchant services, and registering “The Red Pill” trademark. I had met my financial obligations and developed relationships with US Bank, Chase, Citi-Bank, and Wells Fargo, achieving a FICO of nearly 800 and raised lines of credit to nearly $75k. My company applied for a production loan from US Bank.
In March of 2019 when the pre-sales began, within 2 weeks, EVERY institution froze the lines of credit and US Bank rejected my loan application without ANY reason given. Google, Yahoo, and Symantec falsely reported malware on the store site and nationally, friends, family, and customers were unable to reach the online store due to: DNS cache poisoning, redirection, blockage, and DNS suspension (no such site). At that time, merchant service was provided by Elavon, with direct deposit to SohoStar’s US Bank account with merchant fees posted against SohoStar’s account.
A copy of my credit report at that time had no derogatory information and no event that would have caused the collapse of all of the lines of credit within weeks of each other.
US Bank then modified SohoStar’s account such that ALL deposits whether cash deposits, or merchant deposits were immediately seized and applied to SohoStar’s reserve line. SALES and taxes deposited through merchant services were not available to pay sales taxes or pay for inventory. Elavon’s service charges posted to the SohoStar account forced an overdraft charge as ALL deposits to cover the charges were immediately withdrawn to the reserve line.
This specific change made it impossible to perform transactions of the online web store and blocked our ability to fulfill sales or tax obligations. More than 30 phone calls were made to US Bank business services (800-673-3555) between December 2019 through December 2022.
At the recommendation of US Bank Business Services, I was advised to close the business account. In August of 2021, SohoStar opened an account at another institution, and transferred the merchant account to the new bank, the US Bank Business account was closed shortly after, leaving the reserve line in a payoff status and providing no access to credit despite being below the credit limit.
In November 2022, I then closed the merchant services (Elavon, PCIcompliance, and Converge) accounts through my US Bank merchant agent, who verified the accounts were closed. In mid December of 2022, charges were again put through 6 weeks after the merchant accounts were verified closed. I called US Bank business services where I was directed to payoff the reserve line and close it. I reached out to @AskUSBank on Twitter to complain about the US Bank and Elavon accounts. This escalated my issues with a commitment from US Bank to provide written explanation why the loan application was denied. I received a voice message from an administration assistant, and a commitment for response 12/5/22 from US Bank and Elavon. US Bank did not follow through although claiming they had submitted a written response and claimed they had made a phone call on 12/29 neither of which were received. On Jan 17, 2023, <stephen.clarke@elavon.com> called me claiming that charges had been waived years ago, but out of the “kindness of their heart” decided to refund the current charges. I discussed the violation of PCI-DSS 4.0 with him. PCICompliance who Elavon uses for site verification, requested the CidrPress™ security system be turned off to enable a UK initiated PenTest to proceed. Information from that PenTest was used to attempt exploits over the next month from European and Baltic countries.
Further attempts to establish merchant services with other vendors were rebuffed due to my credit history and outstanding balances. The result of this collusion across our entire credit exposure, and the immediate halt of production eliminated our financial security and more importantly, disabled our ability to make sales and for the company to earn and cover its debts.
SohoStar had business and product pages on social media and crowd funding requests with Indiegogo, and GoFundMe. A Project Veritas whistle blower exposed Facebook’s actions against any usage of the term “Red Pill” which prevented any mentions of the product and restricted our monitoring of the use of our USPTO trademark. Facebook fraudulently redirected advertising campaigns (announcing our Indiegogo funding campaign) which was targeted to US markets and presented them instead to foreign users outside of our requested US demographics. Indiegogo refused to promote our campaigns for production, and with the Facebook misdirection, 2 specific campaigns were canceled. In mid 2020, Facebook terminated all SohoStar and product pages, and canceled the accounts for the administrators managing those pages. GoFundMe shadow-banned and then canceled our campaigns.
Other’s censorship lawsuits have now exposed the collusion between the US Government, social media, and banks which also raises questions of HOW all lines of credit were affected within 2 weeks time with no derogatory report on the credit report prior to summer 2019?
After $9,000 in payments plus interest charged on the closed account, since 2019, the business reserve line was paid off. According to US Bank’s site, business activities are reported to Dun and Bradstreet. I contacted D&B and not only discovered that SohoStar did not have a profile, but much to my surprise, US bank had not been reporting to either D&B or my personal credit (big 3) of the business resolution. I then created (in 2024) the SohoStar account and profile with D&B.
I raised the issue with US Bank that as all accounts were closed for years, and I personally made cash payments against the reserve line, AND my name and SSN were on the reserve line, that I should receive the credit for the resolution. I filed a credit dispute with US Bank, and included the paper receipts.
In September 2024, US Bank finally responded to my complaints and query for the 2019 production loan rejection. Tiffany in the office of the President for US Bank, provided a copy of a “response loan decline letter” dated from March 19, 2019. According to this letter, their decision was based on my personal Experian report and a credit score of 634, which did not reflect the Transunion score that the US Bank site reported for my account. They also cited a “DUN AND BRADSTREET report for the SohoStar Corporation account” which, according to D&B, didn’t exist until 2024. I believe this “loan denial letter” is a fabrication and simply confirms my beliefs that US Bank is unethical and should not be trusted.
So, let me say that not only the Government is weaponized to de-bank, censor, and shadow ban, but after these years, we now know who not to do financial business with. We recognize there are alternative financial institutions and transactions methods, and with the weight put against a little startup – it’s a fine confirmation we’re over the target.
http://queb.info
