Consumer complaint received 2024-01-08 00:00:00
Product: Credit card — General-purpose credit card or charge card
Issue: Problem when making payments — Problem during payment process
Company: AMERICAN EXPRESS COMPANY
State: MN

Complaint narrative:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX the authorized representative of the persons/entities, XXXX XXXX, XXXX XXXX XXXX, XXXX, XXXX XXXX XXXX XXXX XXXXXXXX XXXX, XXXX, am writing this letter of complaint to the Consumer Financial Credit Bureau and Securities & Exchange Commission, concerning securities fraud, by way of, stealing principal , dividend , and interests payments on debt securities, submitted to the AMEX, for the above accounts. The above principal name, XXXX XXXX, previously named, XXXX XXXX, has been an investor with AMEX since XXXX. Since then, the principal, has been issued several other instruments/cards. The principal/agent, who is also an investor, issued security instruments, a first series, XX/XX/XXXX, certified number XXXX, attention XXXX XXXX XXXX XXXX who is the CXXXX XXXX XXXX for AMERICAN EXPRESS XXXX XXXX XXXX XXXX XXXX, responded to the instruments, with dishonor. A second series of security instruments was sent to the indentured Trustee, to the attention of XXXX XXXX, who is the XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX, certified number XXXX, delivered date, XX/XX/XXXX. No response has been received, in such, its a conditional acceptance. A third series of security instruments were sent for the above accounts, to another address released on the Indentured Agreement, submitted on the Securities & Exchange Commission website, certified number, XXXX, expected to deliver XX/XX/XXXX. Considering no response and conditional acceptance, and rendering extra payments on debt securities, of which as an investor, has not received payments, dividends, or interests on. 

According to the AMEX prospectus report, the company attracts what is defined as consumers, and access the trust, by use of their credit, by way of the social security number, which is obtained through an application, which is a debt instrument ( commercial paper ). The prospectus continues to explain how debt securities, to include receivables are pooled, and converted into other types of debt securities, with the interests and payments issued to the person whose name is on the debt security. According to banking procedures, the name would be the original creditor associated with the SSN and trust. When the debt securities are securitized and sold as shares and stocks, the creditor became the investor, holding the rights of the issued debt securities. Furthermore, according to the Indentured Act was implemented to enforce the bondholders interests. Securities were sent to the Indentured trustee, with no response. The cardholder agreement when the instrument was issued, states that, payments in the form Floating rate notes, Federal Reserve Notes, and Negotiable instruments are accepted as forms of payments, to receive the interests and dividends on the security instruments, sold on the primary and secondary markets. For almost 20 years, security interests was rendered to AMEX, and refusal to render and issue payments, is securities fraud. A security interests was tendered, which is an obligation of the United States, which gives it a valuable consideration. In addition, securitizations of the debt securities, by transferring the rights to a third party, without consideration of the original holder of the note, of which the notes have fully performed its obligations. I seek remedy by receipt of the payments, dividends, and interests on the debt securities, and unlocked credit. 
Pursuant to UCC 5-108, UCC 9-311 , UCC 9-313, UCC 9-305, UCC 3-603-604, UCC 9-312, UCC 3-206 . 

Please see attached link https : XXXX # XXXX

Company response to consumer: Closed with explanation