Consumer complaint received 2023-03-11 00:00:00
Product: Credit card or prepaid card — General-purpose credit card or charge card
Issue: Getting a credit card — Delay in processing application
Company: AMERICAN EXPRESS COMPANY
State: CA

Complaint narrative:
On XX/XX/XXXX, I provided AMERICAN EXPRESS an investment security in the form of a credit card application REFERENCE XXXX XXXXXXXX by allowing them to borrow money from my trust account. The amount applied for was {$30000.00} of Federal Reserve notes. AMERICAN EXPRESS was also provided with my credit card number ( social security number ) to get the funds. There was a trusteeship established when I submitted the application permitting them to borrow money from my trust account. I, the living man, am the investor and originator creditor who is investing the financial institution AMERICAN EXPRESS Pursuant to the Federal Reserve Act which all national, member banks and Federal reserve banks are bonded by ; which states : Section 16 ( 1 ) Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are hereby authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. Section 16.
( 2 ) also states that my investment security which is my application I submitted, is the collateral security that fund my account and is fully guaranteed as to principal and interest which is back by the United States Treasury. Such application shall be accompanied with a tender to the local Federal Reserve agent of collateral in amount equal to the sum of the Federal Reserve notes thus applied for and issued pursuant to such application. In no event shall such collateral security be less than the amount of Federal Reserve notes applied for. 

AMERICAN EXPRESS sent me a correspondence dated XX/XX/XXXX, requesting documents based on frivolous claims which I am not obligated to provide them. A supervisor for AMERICAN EXPRESS Application name XXXX ID XXXX XXXX stated on a recorded line that it was Federal regulation for her to request extra documents to complete form 4506-C. I'm not in receipt of any constitutional or Federal document that verifies I'm obligated to provide any additional documents. My application is the collateral security that fully guaranteed and fund my credit card account. She's also in violation of 15 US CODE 1611 Criminal liability for willful and knowing violation ; ( 1 ) For willfully giving me false or inaccurate information by stating it is a Federal requirement for her to request extra documents and refused to approve my application. When I asked if her financial institution AMERICAN EXPRESS was obligated to perform by thee Federal Reserve Act, she told me she's not going to answer my question. So she willingly withheld information from me. She works in public service and an obligation to deal in good faith, which means no misleading and deceptive intent. 

Furthermore, because my social security number ( credit card ) was used and I received NO benefit. This is proof of fraudulent activity ( unauthorized use of credit card 15 USC 1602p ) on behalf of AMERICAN EXPRESS ; Trust Fraud. I'm also being violated under 18 US CODE 242 DEPRIVATION OF RIGHTS UNDER COLOR OF LAW, 18 US CODE CONSPIRACY AGAINST RIGHTS : by stating it is Federal regulation to request further documents and denied me access to my funds, violation of the Federal Equal Credit Opportunity Act and violation of the RICO ACT, 18 USC 1951, All Banks must process lawful United States currency. Failure to do so is " interference with commerce '', a felony. 

The declaration of independence " reaffirms '' that all men are created equal, endowed by their creator with " unalienable '' rights not limited to but to include life, liberty & the pursuit of happiness. AMERICAN EXPRESS accepting my investment security, then denying me access to my funds is making me unhappy. This action is causing much emotional stress and anxiety. The fact that I'm being denied my own funds to make financial purchase for my family and I. Which is infringing on my pursuit of happiness. AMERICAN EXPRESS also receiving my collateral security for investment and portraying like I don't have " unalienable '' rights as the investor and original creditor, is a form of " oppressive '' restriction imposed upon me ; which is infringing on my right to XXXX. 

Additionally, AMERICAN EXPRESS is in violation of the Federal Reserve Act Section 29 " Breach of Fiduciary Duty ''.

Company response to consumer: Closed with explanation