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Get your money out of Bank
Posted: Wed Jun 08, 2016 1:43 pm
by woodchip
No this is not about the economy collapsing, but perhaps something far more intrusive:
Now, the Oklahoma Highway Patrol has a device that also allows them to seize money in your bank account or on prepaid cards.
Here's how it works. If a trooper suspects you may have money tied to some type of crime, the highway patrol can scan any cards you have and seize the money.
http://www.news9.com/story/32168555/ohp ... of-a-crime
The key word is "suspects"...no court order, no investigation and perhaps no time line if it is found out you are innocent to give money back. I wonder after a few publicized stories and people start wihdrawing money from their bank, if the banks will bring pressure to bear to stop police from being able to use the devices.
Re: Get your money out of Bank
Posted: Wed Jun 08, 2016 2:12 pm
by Ferno
"I know that a lot of people are just going to focus on the seizing money. That's a very small thing that' s happening now. The largest part that we have found ... the biggest benefit has been the identity theft," Vincent said.
Re: Get your money out of Bank
Posted: Wed Jun 08, 2016 2:46 pm
by woodchip
Give it time. OHP only started using it last month. Just wait until the small town cops get it and use it to supplement their budgets.
Re: Get your money out of Bank
Posted: Wed Jun 08, 2016 3:03 pm
by Grendel
There seems to be some media FUD in this:
ERAD Group Inc. wrote:ERAD-Intel™ and ERAD-Recovery™ will only retrieve balances from open loop prepaid debit cards. Debit cards attached to a valid checking account or valid credit cards cannot be processed using the ERAD-Intel™ or ERAD-Recovery™ system.
Re: Get your money out of Bank
Posted: Wed Jun 08, 2016 3:21 pm
by callmeslick
just another reason to avoid Oklahoma.
Re: Get your money out of Bank
Posted: Thu Jun 09, 2016 8:13 am
by Foil
Hey! I'm originally from Oklahoma! I resent that... actually, no, you're probably right...
(With that said, the Oklahoma primaries voted for Bernie and Rubio, so at least they're not supporting the trainwreck we currently have.)
Re: Get your money out of Bank
Posted: Fri Jun 10, 2016 12:26 am
by Ferno
confirmed.
limited to prepaid visa/debit cards.
http://boingboing.net/2016/06/09/oklaho ... nners.html
original source is oklahoma watch, but I used that link instead because OW throws up a popup ad.
Re: Get your money out of Bank
Posted: Mon Jun 20, 2016 1:33 pm
by woodchip
It appears that the OK Gov. felt some pressure:
Oklahoma governor suspends use of controversial card readers
http://www.foxnews.com/us/2016/06/20/ok ... cmp=hplnws