Consumer complaint received 2024-05-16
Product: Credit reporting or other personal consumer reports — Other personal consumer report
Issue: Incorrect information on your report — Personal information incorrect
Company: JPMORGAN CHASE & CO. (NY)

A new category needs to be created for complaints about banks who leave their debt from a previous owner on home owners property. 

I was not aware that JP Morgan had been assigned by our XXXX XXXX to validate accounts. See published article. Chase previously denied they were given the contract. 
Chase has been in the background operating as the bank used by XXXX XXXX XXXX  to conduct transactions such as property tax refunds for example. The XXXX XXXX receiver of taxes uses this bank to conduct its financial business, so Chase is intimately knowledgeable about property tax transactions as the medium of financial deposits and debits for XXXX XXXX. 
JP Morgan Chase bank XXXX. parked debt on my property XXXX XXXX XXXX XXXX XXXX XXXX Section XXXX XXXX XXXX lot XXXX up until XX/XX/XXXX. I would like an answer as to why the previous owners debt was left on my property throughout the entirety of my ownership by Chase? ( see attachment ) Now that JP Morgan 's powers have been extended to the Treasury department agencies, they are not simply a monetary medium of exchange anymore but acting as our government having control over and making decisions concerning our XXXX social contract established by the previous administrations for example Social Security. 
As agent for IRS ( XXXX XXXX ) and Social Security account validator the bank continues to create false debt and information on my name like they did on my property just in a different form while preventing me from or delaying tax refunds. 
Since Chase is acting as agent for IRS and issuing checks for the Treasury, where is that money I should have received for XXXX XXXX XXXX {$600.00} refund Treasury Check requested in my XXXX tax return. The Chase agent refuses to release my XXXX IRS transcript so he she can claim I never filed for it and can keep the money. Our XXXX Government is relying on this bank for information to make decisions concerning their constituents and fail to act which is condoning the theft based on false information provided by this bank. I have requested numerous times for the XXXX transcript, however The banks advanced technology sends back rejection notices stating we can not provide this information at this time. Of course not, because to do so would acknowledge my request for the XXXX XXXX XXXX 
It appears to me that Chase is doing the following more efficiently for the citizens of the XXXX. I am quoting from Chase 's press release and adding the words that are missing. 

by issuing " Improper payments due to fraud ( false identity theft ) or clerical errors ( systematic ) can ( to ) delay the delivery of critical funds to rightful recipients, lead to financial losses ( bankrupt citizens ), and erode public trust in government services. ( to get rid of the Constitution and replace government with a technocratic dictatorship ) PRESS RELEASE XXXX XXXX to provide account validation services to the XXXX Government XX/XX/XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXX/XX/XXXX J.P. Morgan announced today that it has been designated by the United States Treasury Department under a financial agency agreement to provide account validation services for federal government agencies. The program was awarded to J.P. Morgan after a competitive selection process and will extend for a minimum of XXXX years. 

The agreement with J.P. Morgan reflects the important role that account validation plays in Treasurys commitment to payment integrity and the reduction of improper payments. In fiscal year XXXX, XXXX XXXX disbursed nearly XXXX XXXX payments for federal agencies totaling {$5.00} XXXX, including Social Security and XXXX payments, unemployment insurance, and tax refunds. 
Improper payments due to fraud or clerical errors can delay the delivery of critical funds to rightful recipients, lead to financial losses, and erode public trust in government services. The federal government reported an estimated {$240.00} XXXX in improper payments during the XXXX fiscal year, according to the XXXX Government XXXX XXXX. This includes overpayments, underpayments and payments that should not have been made. 
It is an honor to be selected to provide account validation services to the XXXX federal government agencies, said XXXX XXXX, J.P. Morgans Global Head of Payments. This is a significant testament to our capabilities and it is particularly gratifying that this work will help to provide money to Americans faster, safer, and more accurately while also saving taxpayer dollars. 
In its new role, J.P. Morgan will verify critical payment information for the federal government before payments are issued. The banks advanced technology will verify payment details using its extensive network of secure customer information as well as industry data that the bank regularly accesses for payment processing. The bank already moves on average more than {$9.00} XXXX each day, and has made significant investments in real-time payments and other secure payments technology in recent years. 

Account validation is J.P. Morgans latest assignment for the Treasury Department. The bank has taken on different roles in recent years, advising Treasury as it digitizes its payment systems and modernizes its operations to pay and receive money from citizens and businesses more efficiently.