Scandal plagued Facebook wants banks to hand over your financial records
One would think Facebook’s CEO Mark Zuckerberg would be keenly aware of the Hebrew term “CHUTZPAH.” The word has several different meanings; however the most common is “shameless, impudent” and “arrogant.”
Which pretty much describes the social media honcho’s latest scheme in attempting to once again fleece the billions of individuals around the world who use his social network platform.
The Wall Street Journal exclusively reported that the social network giant has been asking major banks and lending institutions to “share detailed financial information about their customers, including card transactions and checking account balances, as part of an effort to offer new services to users.”
The banks contacted by Facebook included JPMorgan Chase, Wells Fargo, Citigroup, and U.S. Bancorp. However, one U.S. bank had the good sense of pulling away from Zuckerberg’s latest Ponzi scam, citing “privacy concerns.”
The Wall Street Journal went on to say, “Facebook has talked about a feature that would show its users their checking-account balances, the people said. It has also pitched fraud alerts.”
The Journal continued, “Facebook has told banks that the additional customer information could be used to offer services that might entice users to spend more time on Messenger.”
Facebook spokesperson Elisabeth Diana said, “We don’t use purchase data from banks or credit card companies for ads.”
Adding, “We also don’t have special relationships, partnerships, or contracts with banks or credit card companies to use their customers’ purchase data for ads.”
She continued, “Like many online companies with commerce businesses, we partner with banks and credit card companies to offer services like customer chat or account management. Account linking enables people to receive real-time updates in Facebook Messenger where people can keep track of their transaction data like account balances, receipts, and shipping updates.”
“The idea is that messaging with a bank can be better than waiting on hold over the phone – and it’s completely opt-in,” she added. “We’re not using this information beyond enabling these types of experiences – not for advertising or anything else.”
Lest we forget this is the same Facebook along with its “zombie clone”, Mark Zuckerberg who continually promised lawmakers for almost 10 years he would clean up his act.
Zuckerberg even appeared on Capitol Hill in April, in front of two separate committees attempting to get answers concerning Facebook’s mishandling of data privacy issues and data mining, by allowing third-party users like the UK Company Cambridge Analytica, to access the private information of roughly 87-million Facebook subscribers.
After the scandal was uncovered, Facebook attempted “damage control” stating, “Facebook will alert anyone whose data may have been improperly used by Cambridge Analytica.”
Adding “users whose information may have been improperly used by This Is Your Digital Life and Cambridge Analytica, will get a link to the Facebook Help Center page with a tool that will tell them if and how their data may have been misused.”
Moreover, Facebook’s attempt at getting financial accounts from banks of their subscribers comes on the heels of Facebook’s worst “one-day” stock market loss for any public company ever, losing a staggering 120 billion dollars in market value within one day.
Zuckerberg and his progressive minions have for year’s censored conservative political content they don’t agree with on Facebook, time and again removing benign commentary likening it to “hate speech.”
Last year Zuckerberg purposely changed his social media platform, with the intent of targeting small conservative websites by denying them access to Facebook, thus driving hundreds of those websites out of business.
No doubt this latest scheme from Zuckerberg is simply another ploy in attempting to get private and privileged financial information. If successful, he’ll once again use that information for his own personal gain. Facebook has become a nefarious internet conglomerate which needs to be investigated not by Congress, but by the JUSTICE DEPARTMENT.