CA. Hi Folks, I'm a German and married to a citizen. We lived in CA when the problems began. Both my AMEX gold cards had positive balances. Chronological sequence: 1.) A CRA falsely reported that I was "bankrupt", triggering the freezing of my credit cards in Germany. 2.) within 2 weeks, I managed to get the CRA to withdraw their outrageous libel, but AMEX wouldn't reinstate me. Nor did I get the balances, thousands in each account, back. 3.) When internal complaints didn't bring relief (they did call my father, repeating outrageous nonsense about "money laundering"), I wrote to the NY Banking Dept. They received a fax from AMEX' attorneys in FL. The lawyer lied recklessly and even attached internal e-mails dated 1/11/2005 claiming that the balances had been "long returned" etc. They also depicted me as someone who was about to get sued - as if I had been owing them! but here comes the nub: AMEX claimed that even though residents in the U.S. were served, U.S. regulators had no jurisdiction.
What do you think? According to this rhetoric, any foreign bank can serve U.S. customers and when things go wrong they won't have to follow U.S. laws... State Law: FCRA
What do you think? According to this rhetoric, any foreign bank can serve U.S. customers and when things go wrong they won't have to follow U.S. laws... State Law: FCRA