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Scam alert: MBNA Canada Bank in 2003

Scam alert: MBNA Canada Bank in 2003

Old Oct 13th 2003, 3:46 am
  #1  
Miguel A.
Guest
 
Posts: n/a
Default Scam alert: MBNA Canada Bank in 2003

The public regulators, and enforcement agencies of the Banking act,
namely the Financial Consumer Agency of Canada, are currently
investigating MBNA Canada Bank h p://www.mbnacanada.com business
practices for several reasons:


1 - fraudulent NHL sweatshirt promotions, whereby new customers
signing
up for MBNA Canada Mastercards never see their signup prize even after
7 months as MBNA customers and account holders;


2 - fraudulent and illegal interest rates on cash advances from ATM's,
whereby MBNA Canada Bank charges regularly upto 90% annual interest
on those amounts.

3 - In addition to a Financial Consumer Agency of Canada
investigation, a class action lawsuit has begun again MBNA Canada,
in regards to which MBNA Canada consumers who have been victims, can
sign up for compensation:

http://www.paliareroland.com/classaction_mbna.asp

and/or

http://www.koskieminsky.com/ClassAct...rationForm.htm


4 - potential illegal and fraudulent disclosure of customer
information,
originally from upto 20,000 alumni accounts nation-wide in Canada to
third parties,
namely to a telemarketing company called Memberworks inc, including:
cardholder names, cardholder address, cardholder phone number,
cardholder account number, last date of purchase information,
account open date, account balance, credit limit, credit insurance
status, social security number, year-to-date finance charge,
ATD transaction account, card type (classic or gold), brand,
number of plastics (number of cards), date of birth, cash advance
amount,
behavior score, bankruptcy score, date of last payment,
amount of last payment, date of last statement. An important point, is
that
specific party has in the past 5 years, been ordered to pay fines in
excess
of USD $10 million dollars to Attorney-Generals in USA for
telemarketing fraud
and violations of the consumer protection act.

5 - the unauthorized and unethical (albeit technically, legal)
transfer of all ROYAL BANK
alumni affinity accounts nation-wide in Canada, from Royal to MBNA
Canada Bank
numbering, affecting upto 20,000 VISA/MASTERCARD alumni, all educated
with
a bachelor's degree or higher. Clearly, unethical and unauthorized
conduct for MBNA Canada
Bank is not a problem. Hence, consumers can safely assume the
corporate governance
at MBNA Canada Bank is not at the top of the agency.

There you have it, folks!

Now you know what to deal with, when you sign up for MBNA Canad Bank.
 
Old Oct 13th 2003, 4:58 am
  #2  
Victor
Guest
 
Posts: n/a
Default Re: Scam alert: MBNA Canada Bank in 2003

Thanks for the info. I remember with disgust when they tricked both me and
my friend into buying some insurance neither of us needed. (After having
been tricked by their aggressive telemarketers into signing up with them)

"Miguel A." <[email protected]> wrote in message
news:[email protected]...
    > The public regulators, and enforcement agencies of the Banking act,
    > namely the Financial Consumer Agency of Canada, are currently
    > investigating MBNA Canada Bank h p://www.mbnacanada.com business
    > practices for several reasons:
    > 1 - fraudulent NHL sweatshirt promotions, whereby new customers
    > signing
    > up for MBNA Canada Mastercards never see their signup prize even after
    > 7 months as MBNA customers and account holders;
    > 2 - fraudulent and illegal interest rates on cash advances from ATM's,
    > whereby MBNA Canada Bank charges regularly upto 90% annual interest
    > on those amounts.
    > 3 - In addition to a Financial Consumer Agency of Canada
    > investigation, a class action lawsuit has begun again MBNA Canada,
    > in regards to which MBNA Canada consumers who have been victims, can
    > sign up for compensation:
    > http://www.paliareroland.com/classaction_mbna.asp
    > and/or
http://www.koskieminsky.com/ClassAct...trationForm.ht
m
    > 4 - potential illegal and fraudulent disclosure of customer
    > information,
    > originally from upto 20,000 alumni accounts nation-wide in Canada to
    > third parties,
    > namely to a telemarketing company called Memberworks inc, including:
    > cardholder names, cardholder address, cardholder phone number,
    > cardholder account number, last date of purchase information,
    > account open date, account balance, credit limit, credit insurance
    > status, social security number, year-to-date finance charge,
    > ATD transaction account, card type (classic or gold), brand,
    > number of plastics (number of cards), date of birth, cash advance
    > amount,
    > behavior score, bankruptcy score, date of last payment,
    > amount of last payment, date of last statement. An important point, is
    > that
    > specific party has in the past 5 years, been ordered to pay fines in
    > excess
    > of USD $10 million dollars to Attorney-Generals in USA for
    > telemarketing fraud
    > and violations of the consumer protection act.
    > 5 - the unauthorized and unethical (albeit technically, legal)
    > transfer of all ROYAL BANK
    > alumni affinity accounts nation-wide in Canada, from Royal to MBNA
    > Canada Bank
    > numbering, affecting upto 20,000 VISA/MASTERCARD alumni, all educated
    > with
    > a bachelor's degree or higher. Clearly, unethical and unauthorized
    > conduct for MBNA Canada
    > Bank is not a problem. Hence, consumers can safely assume the
    > corporate governance
    > at MBNA Canada Bank is not at the top of the agency.
    > There you have it, folks!
    > Now you know what to deal with, when you sign up for MBNA Canad Bank.
 
Old Oct 14th 2003, 10:59 am
  #3  
The Wizzard
Guest
 
Posts: n/a
Default Re: Scam alert: MBNA Canada Bank in 2003

fortunetly most of us immigrants won't have to worry about scams like
this anyway because they won't give us a damned credit card in the first
place.

Victor wrote:

    > Thanks for the info. I remember with disgust when they tricked both me and
    > my friend into buying some insurance neither of us needed. (After having
    > been tricked by their aggressive telemarketers into signing up with them)
    >
    > "Miguel A." <[email protected]> wrote in message
    > news:[email protected]...
    >
    >>The public regulators, and enforcement agencies of the Banking act,
    >>namely the Financial Consumer Agency of Canada, are currently
    >>investigating MBNA Canada Bank h p://www.mbnacanada.com business
    >>practices for several reasons:
    >>1 - fraudulent NHL sweatshirt promotions, whereby new customers
    >>signing
    >>up for MBNA Canada Mastercards never see their signup prize even after
    >>7 months as MBNA customers and account holders;
    >>2 - fraudulent and illegal interest rates on cash advances from ATM's,
    >>whereby MBNA Canada Bank charges regularly upto 90% annual interest
    >>on those amounts.
    >>3 - In addition to a Financial Consumer Agency of Canada
    >>investigation, a class action lawsuit has begun again MBNA Canada,
    >>in regards to which MBNA Canada consumers who have been victims, can
    >>sign up for compensation:
    >>http://www.paliareroland.com/classaction_mbna.asp
    >>and/or
    >
    > http://www.koskieminsky.com/ClassAct...trationForm.ht
    > m
    >
    >>4 - potential illegal and fraudulent disclosure of customer
    >>information,
    >>originally from upto 20,000 alumni accounts nation-wide in Canada to
    >>third parties,
    >>namely to a telemarketing company called Memberworks inc, including:
    >>cardholder names, cardholder address, cardholder phone number,
    >>cardholder account number, last date of purchase information,
    >>account open date, account balance, credit limit, credit insurance
    >>status, social security number, year-to-date finance charge,
    >>ATD transaction account, card type (classic or gold), brand,
    >>number of plastics (number of cards), date of birth, cash advance
    >>amount,
    >>behavior score, bankruptcy score, date of last payment,
    >>amount of last payment, date of last statement. An important point, is
    >>that
    >>specific party has in the past 5 years, been ordered to pay fines in
    >>excess
    >>of USD $10 million dollars to Attorney-Generals in USA for
    >>telemarketing fraud
    >>and violations of the consumer protection act.
    >>5 - the unauthorized and unethical (albeit technically, legal)
    >>transfer of all ROYAL BANK
    >>alumni affinity accounts nation-wide in Canada, from Royal to MBNA
    >>Canada Bank
    >>numbering, affecting upto 20,000 VISA/MASTERCARD alumni, all educated
    >>with
    >>a bachelor's degree or higher. Clearly, unethical and unauthorized
    >>conduct for MBNA Canada
    >>Bank is not a problem. Hence, consumers can safely assume the
    >>corporate governance
    >>at MBNA Canada Bank is not at the top of the agency.
    >>There you have it, folks!
    >>Now you know what to deal with, when you sign up for MBNA Canad Bank.
    >
    >
    >
 
Old Oct 14th 2003, 11:53 am
  #4  
Stuff4u
Guest
 
Posts: n/a
Default Re: Scam alert: MBNA Canada Bank in 2003

"The Wizzard" <[email protected]> wrote in message
news:7d%[email protected]...
    > fortunetly most of us immigrants won't have to worry about scams like
    > this anyway because they won't give us a damned credit card in the first
    > place.

LOL.

My dads an immigrant, he now owns his own house, two decent cars, a small
boat and has access to a fair amount of credit which he seldomly uses.

My moms also an immigrant, she got aproved for a mortgage about 6 years ago,
she's since paid off her house.

Credit is about YOUR history, if you are new here, you need have stuff like
a phone and a lease in your name. You need to get to know the folks at your
bank, you need to build a reputation, keep a few $'s in a savings account,.
Buy a GIC from your bank and borrow against it.

You want welfare? Sure , we're a socially progressive nation, we'll help you
build a new life as a society, but it means playing by the same rules as
everyone else. A white guy 19th generation Canadian won't get any more
credit if he has no history either.

    > Victor wrote:
    > > Thanks for the info. I remember with disgust when they tricked both me
and
    > > my friend into buying some insurance neither of us needed. (After having
    > > been tricked by their aggressive telemarketers into signing up with
them)
    > >
    > > "Miguel A." <[email protected]> wrote in message
    > > news:[email protected]...
    > >
    > >>The public regulators, and enforcement agencies of the Banking act,
    > >>namely the Financial Consumer Agency of Canada, are currently
    > >>investigating MBNA Canada Bank h p://www.mbnacanada.com business
    > >>practices for several reasons:
    > >>
    > >>
    > >>1 - fraudulent NHL sweatshirt promotions, whereby new customers
    > >>signing
    > >>up for MBNA Canada Mastercards never see their signup prize even after
    > >>7 months as MBNA customers and account holders;
    > >>
    > >>
    > >>2 - fraudulent and illegal interest rates on cash advances from ATM's,
    > >>whereby MBNA Canada Bank charges regularly upto 90% annual interest
    > >>on those amounts.
    > >>
    > >>3 - In addition to a Financial Consumer Agency of Canada
    > >>investigation, a class action lawsuit has begun again MBNA Canada,
    > >>in regards to which MBNA Canada consumers who have been victims, can
    > >>sign up for compensation:
    > >>
    > >>http://www.paliareroland.com/classaction_mbna.asp
    > >>
    > >>and/or
    > >>
    > >>
    > >
    > >
http://www.koskieminsky.com/ClassAct...trationForm.ht
    > > m
    > >
    > >>
    > >>4 - potential illegal and fraudulent disclosure of customer
    > >>information,
    > >>originally from upto 20,000 alumni accounts nation-wide in Canada to
    > >>third parties,
    > >>namely to a telemarketing company called Memberworks inc, including:
    > >>cardholder names, cardholder address, cardholder phone number,
    > >>cardholder account number, last date of purchase information,
    > >>account open date, account balance, credit limit, credit insurance
    > >>status, social security number, year-to-date finance charge,
    > >>ATD transaction account, card type (classic or gold), brand,
    > >>number of plastics (number of cards), date of birth, cash advance
    > >>amount,
    > >>behavior score, bankruptcy score, date of last payment,
    > >>amount of last payment, date of last statement. An important point, is
    > >>that
    > >>specific party has in the past 5 years, been ordered to pay fines in
    > >>excess
    > >>of USD $10 million dollars to Attorney-Generals in USA for
    > >>telemarketing fraud
    > >>and violations of the consumer protection act.
    > >>
    > >>5 - the unauthorized and unethical (albeit technically, legal)
    > >>transfer of all ROYAL BANK
    > >>alumni affinity accounts nation-wide in Canada, from Royal to MBNA
    > >>Canada Bank
    > >>numbering, affecting upto 20,000 VISA/MASTERCARD alumni, all educated
    > >>with
    > >>a bachelor's degree or higher. Clearly, unethical and unauthorized
    > >>conduct for MBNA Canada
    > >>Bank is not a problem. Hence, consumers can safely assume the
    > >>corporate governance
    > >>at MBNA Canada Bank is not at the top of the agency.
    > >>
    > >>There you have it, folks!
    > >>
    > >>Now you know what to deal with, when you sign up for MBNA Canad Bank.
    > >
    > >
    > >
 

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