As previously reported, Michael Flynn — who you may remember as the man who was convicted for lying to the FBI in order to protect Donald Trump, and who was later pardoned by, uncoincidentally, Donald Trump — says his bank is cutting off his credit cards because they consider doing business with him to be a “reputational risk.” Now he’s upset with a fact-checking site for investigating his story.
The first important thing to know here is that Snopes didn’t actually rate the story as either true or false. They reached out to Chase Bank, and were told that the institution would not be giving a comment on the matter. They affirmed for readers that it is true that Flynn posted the images, but said they could not independently authenticate them.
Flynn responded angrily to the article, posting on Telegram to declare that Snopes has “lost [his] vote,” and that rather than going to Snopes for facts, “we all must make up our own mind about what we believe.”
His ire might not just have been at Snopes attempting to independently verify his story, or their choice not to label it true on his say-so alone though. The article did explain the concept of ‘reputational risk,’ and what sorts of behaviors could make a financial institution distance itself from an individual.
Assuming this letter is real, it’s possible that Chase deemed Flynn a “reputational risk” as he pled guilty to lying to federal officials about his contacts with a Russian ambassador in 2017… his statements in support of the QAnon conspiracy theory, or, more recently, his comments in June 2021 that seemingly encouraged people to stage a violent coup…
Then there’s this — the fact-checkers pointed out a relevant financial matter — the kind of thing that could be genuinely risky for a bank.
It’s also possible that Chase deemed Flynn a “reputational risk” due to questionable financial transactions. In 2017, for example, it was reported that Flynn’s consulting firm received more than $500,000 from the Turkish government while Flynn was serving as Trump’s national security adviser.
“This article I’m bringing to everyone’s attention is filled with innuendo and speculation instead of facts,” Flynn declared, sharing the link to more than 280k Telegram followers.
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Steph Bazzle reports on social issues and religion for Hill Reporter. She focuses on stories that speak to everyone's right to practice what they believe in and receive the support of their communities and government officials. You can reach her at Steph@HillReporter.com