TD Bank tries to win back gun dealer it refused credit to due to Operation Choke Point

 As America’s Watchtower wrote about in this article, TD Bank refused to give a Massachusetts gun dealer a line of credit due to the Obama regime’s Operation Choke Point despite the fact they have had a relationship for many years.

Here is what TD Bank told Mark Cohen:

“Mark, I apologize,” she said, according to Cohen, “your credit history is great, but the bank is turning you down because you sell guns.”

  Of course TD Bank has known for years that Mark Cohen sold guns and that did not stop them from doing business with him in the past. However recently the Department of Injustice added gun dealers to the list of high risk businesses under Operation Choke Point and suddenly, under the possible threat of increased government scrutiny, the bank decided it could not offer Mister Cohen a line of credit due to the business he was in. Coincidence? I think not, this is the new angle the Obama regime is perusing in an attempt to implement a sort of backdoor gun control policy.

    Mark Cohen went public, sending out emails and writing about what happened to him, and this has brought Operation Choke Point new scrutiny where previously there was none.

  This led to Representative Blaine Luetkemeyer adding an amendment to legislation to cut off funding for the nefarious program which had been billed as helping protect people from fraud and abuse, and now that TD Bank has apparently lost hundreds of customers they are reconsidering their decision.

“At TD, Mr. Cohan’s [sic] business is not prohibited. We review each loan on a case by case basis. We apologize to Mr. Cohan [sic] for any inconvenience, and we have reached out to him to find a solution.”

  So, TD Bank contacts him and states they do not prohibit the business he is in, yet he was denied the line of credit he requested due to the business he was in? Why is that? It is clear to me the bank was worried about governmental repercussions.

  Mark Cohen has told TD Bank thanks but no thanks, it is too late.

“They basically offered nothing,” he said, in a phone interview with TheDC on Saturday.

“They want to kiss and make up, but it’s too little, too late,” Cohen said.

Cohen said that he’s received a massive response from customers and gun enthusiasts from across the country.

  Mark Cohen believes this could be the tipping point and that it may now backfire:

“It’s just grown legs,” he said, indicating that the bank’s decision to cut off ties to his company might backfire.

“My customers are coming in, and I’m getting emails, they’ve lost hundreds of customers in the last two days,” said Cohen, who speculated that the number of lost customers might reach into the thousands before all is said and done.

After he was dropped by TD Bank, Cohen said he researched and found out about Operation Choke Point, realizing that the initiative was likely what forced TD Bank to drop him.

“It’s frightening the way the government can come in and say you don’t have a right to exist and shut off your funding,” he said.

“It’s arbitrary and capricious.”

  He is planning on hiring a lawyer and let’s hope that he takes this all the way and does not back down. Could it possibly be the case that the Department of Injustice has finally gone too far? I don’t know but it could be and this is a story which bears watching as it progresses.