Westpac Freezes the Account of Australian, Crispin Rovere, because he deposited cash and wouldn't tell them the source of the funds!
He is asking for help with legal advice and publicising this insanity!
Central Bank Digital Currency (CDBC) is the ultimate goal of course. That will give the government, their corporate masters and institutions like banks complete and utter control over what you can - and can’t - do with your own funds.
Yes, this is where we are today in Australia. Crispin’s Twitter account, where this video is posted, can be accessed by clicking the image below. This is extremely concerning!
This is no surprise to any of your readers. It still hurts that the people around us have truly embraced evil.
The bank is in breach of the legislation. The only reporting requirement is where the transaction exceeds $10K. Those are the grounds on which he needs to fight back, produce the legislation, lodge a formal complaint immediately with the banking ombudsman and Austrac. He does not need a legal advisor at this point, the ombudsman will shut this BS down as soon as they get it. Then get onto 2GB talk back radio, forward the clip to Sky News. This will be all done with in less than a couple of days.
https://www.hsbc.com.au/content/dam/hsbc/au/docs/pdf/aba-fact-sheet.pdf
https://www.austrac.gov.au/business/core-guidance/reporting/reporting-transactions-10000-and-over-threshold-transaction-reports-ttrs
https://www.austrac.gov.au/sites/default/files/2021-04/AUSTRAC_suspicious%20matter%20reporting_reference%20guide.pdf
https://www.austrac.gov.au/sites/default/files/2021-11/AUSTRAC%20draft%20guidance%20-%20reporting%20multiple%20cash%20transactions_0.pdf