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td bank not accepting money from payment processors

(2 posts)
  • Started 6 months ago by Raymond Kardos
  • Latest reply from TheEngineer

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  1. Raymond Kardos
    Member
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    My mother told me about the notice ontop of her Td bank statement. Here it is word for word.

    Subject: Reg GG/Internet gambling notification

    Message: Pursuant to the unlawful internet gambling enforcement act of 2006 and regulation GG "restricted transactions" such as those in which a person accepts credit, funds, instruments or other proceeds from another person in connection with unlawful internet gambling are prohibited from being processed through your account or relationship with our institution.

    Now I'm aware of the case in NY where they seized the assets of 30 million dollars. But I thought it was illegal for them to seize our assets? if someone can answer this question for me or if a lawmaker is reading this...try to take care of this

    Posted 6 months ago #
  2. TheEngineer
    State Director & Forum Admin
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    The notice doesn't say they'll seize your funds. Rather, it says they'll not process them (if they know from where they are).

    Posted 6 months ago #

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