Major Bank Allegedly De-Banked Florida Man Due To False ‘Russiagate’ Accusations From Left-Wing Blogger
SUMMARY
JPMorgan Chase is being sued by Florida businessman Jacob Gitman, who claims the bank defamed him and unjustly cut off his business’s financial services due to unverified allegations from an obscure left-wing blog. The Stern Facts published an article falsely linking Gitman’s company, Monarch Air Group, to the Russian Mafia and former President Donald Trump. Although the blogger admitted in court that these claims were baseless, Chase reportedly relied on the article to place Gitman’s businesses on a restrictive "Interdiction List," leading to lost credit lines and business disruption. Gitman alleges the bank used uncorroborated media to justify his "de-banking," even notifying his business associates that funds couldn’t be transferred due to sanctions, which the lawsuit asserts were falsely attributed to OFAC investigations. Chase’s policies, according to Gitman, have weaponized financial services against politically targeted individuals. Chase has declined to comment on the case.
