New Bank Account

I just opened a new bank account today with Wachovia and they asked fo rmy social security number so they can run it through Chex Systems and all that other nonsense. But instead of giving them my true social, I gave them one of my Tax I.D numbers and it went through. But I want to know if they really care about the number or the person. So is it the numbers they care about or the person...or just the comission for the new account?

[Judge Roy Bean]

Originally Posted by Gillionaire

I just opened a new bank account today with Wachovia and they asked fo rmy social security number so they can run it through Chex Systems and all that other nonsense. But instead of giving them my true social, I gave them one of my Tax I.D numbers and it went through. But I want to know if they really care about the number or the person, because I went to prison for defrauding their bank 2 yrs ago. So is it the numbers they care about or the person...or just the comission for the new account?

In today's environmet, the issue is "homeland security" and being able to trace the movement of funds in and among allegedly dangerous groups of people.

The bank only cares if they have someone come calling about a person or persons who are moving money through the bank. They are governed by rules that make them ask for your SSN and they also are wary of doing business with people who have a criminal background.

If you provided a number that was not, in fact, your SSN, you've committed yet another crime, and since you have a prior conviction, and still might be on some form of supervised release, you're doubly hosed.

[macerico]

Thankfully, most lemmings in the system couldn't care less about how accurate information is.

As underhanded "as it sounds", the simple fact is that the government creates and endorses the obscuring of information in the system. It is 100% legal (in the proper fashion) to put assets under another identity to shield from tracking and attachment for personal obligations. This is done by companies and wealthy people all the time and it is 100% legal AND IN FACT ENCOURAGED.

There are many ways to avoid paying your taxes, and the IRS 100% respects them...if done properly. They want to soak the little guy, but the powerful people created special rules for themselves. Since they can't restrict the laws to just those with net worth of over X amount, anyone who wants to follow through on the mechanics can get the same benefit.

Unless you "stole" the numbers you gave them, you did nothing illegal. If you gained those numbers by misrepresentation, the only party that should be able to bring an action would be the party you lied to IF they act within the statute of limitations (if any apply).