NY State has discovered Musk taking Funds out of Bank Accounts

[Mr.WeRP]

It was less than a week ago I raised the specter of Musk being able to pull money directly from anyone’s bank accounts. (See: https://www.democraticunderground.com/100220001927)

Looks like they are starting with blue states.

https://www.reddit.com/r/law/s/aKusU7sD1Q

New York, NY - New York City Comptroller Brad Lander released the following statement:
"This morning, my financial team shockingly uncovered that President Trump and his crony Elon Musk illegally executed a revocation of $80 million in congressionally-appropriated FEMA funding from New York City's bank accounts late yesterday afternoon. This is money that the federal government previously disbursed for shelter and services and is now missing. This highway robbery of our funds directly out of our bank account is a betrayal of everyone who calls New York City home.

On Edit: my personal immediate reaction is this will shake the confidence of every citizen for putting their money in the bank. Personally, I am considering acquiring hard assets and opening off shore accounts to avoid this kind of illegal seizure of assets.

[greatauntoftriplets]

1. He's a crook.

[Butterflylady]

17. Ya think.....

[greatauntoftriplets]

60. Did you just order a pizza?

I can smell it.

[Cha]

63. Some people Go Out of their Way to Order

the Worst kind of Pizza. They have No taste.

[greatauntoftriplets]

64. Deja vue is a wonderful thing.

I just knew that person wanted a pizza.

[mwooldri]

88. Ironically Tombstone is okay pizza.

I have had far worse.

But a DU Tombstone Pizza is .... deathly silencing.

[elleng]

2. This highway robbery of our funds directly out of our bank account is a betrayal of everyone who calls New York City hom

and hand prosecution to NYC/NYState prosecutors, STAT!!!

[Blues Heron]

3. This seems serious, bookmarking

[Irish_Dem]

4. This is why Musk wanted payment portal access.

[CrispyQ]

5. He's going after NY cuz they prosecuted him.

I hate him. He can't die soon enough.

[MadameButterfly]

13. I expect he'll go after Blue states

while we are already donor states for the Red states. This is how he makes it so MAGAs don't understand what he is doing.

[CrispyQ]

41. Oh yes, especially dem govs he doesn't like.

Newsom & Pritzker are probably high on the list. My dem gov? Probably not so much.

https://coloradonewsline.com/2025/01/25/colorado-governor-very-fine-people/

snip...

The instances of Polis ingratiating himself with Trump are so abundant, it’s hard to keep track. It started inauspiciously, when Polis cheered Trump’s appointment of health care conspiracist and all-purpose weirdo Robert F. Kennedy Jr. to lead the Department of Health and Human Services.

WTF?

[milestogo]

22. His death should be swift, terrible, and terrifying.

Cruel and unusual is fine by me.

[Jilly_in_VA]

31. And the sooner, the better!

[LittleGirl]

44. Can you imagine the worldwide party his death will be!

Worldwide celebrations that the orange clown is dead. OMG, I can't wait!

[2naSalit]

52. I keep getting the feeling that...

It won't be long before some strike force shows up. Too much is at stake, some entity will be taking charge before much longer.

[milestogo]

54. From your mouth to a SWAT Team's ears.

[NameAlreadyTaken]

83. Yes, but slow, not swift.

[bdamomma]

87. I agree

with your comment.

[bronxiteforever]

6. The city that endured 9/11 and Hurricane Sandy

loses FEMA money! I bet former Cantor Fitzgerald owner Howard Lutnick must be so proud that he has made the city he grew wealthy on is more vulnerable. I remember what happened to Cantor Fitzgerald in the Towers on 9/11.

[CrispyQ]

43. The city that endured 9/11 just lost their FEMA money.

That's a helluva statement right there. Dems should run with it.

[dickthegrouch]

7. Presumably also trying to make either NYC or NYS default on payments

That would be even worse. Cities and States often have budget difficulties but at least they know when it’s coming.
No notice thefts disrupt much more.

[Silent Type]

8. Appears it was Acting head of FEMA who recouped funds, a few days after Musk whined about payments.

[Mr.WeRP]

10. Still illegal.

[MadameButterfly]

11. Well, now we know they can recoup anything they

want from any bank account they like. I'm thinking of opening a new bank account. Trying to figure out is there a way to make sure the Federal government can't find it.

[Mr.WeRP]

15. While it is in the US, there is no way to hide it. The best you can do in this country

is form an LLC that has its own business EIN not associated with your SSN and then deposit it an account owned by the LLC with you as the signing authority. However, if you are on the LLC, that account is eventually discoverable as being associated with you. Wealthy people have others do this for them to create tax shelters for their interest/dividend earnings and treat their personal expenses as business expenses for the LLC. This way, they pay no income or gains on the money in the business as long as the business isn’t “profitable.”

Any other routes would be gathering precious metals (gold, silver) and gems and putting them in a safe and maybe burying it in the back yard.

Or, fly to Switzerland or Caymen islands with a suitcase full of money and open bank accounts there.

[MadameButterfly]

20. Thanks. Yeah, they've got us

I wonder if the mattress industry will pick up?

[brakester]

68. The Liquor Industry

is certainly having a sharp uptick in business.

I can vouch for that!

[bdamomma]

89. I was thinking the same thing

going back to the days of stashing money under your mattress. I hate these criminal thugs.

[yellow dahlia]

66. We opened a new extra acct in our same banks where the direct deposits from S.S. go.

That way our money doesn't have to hang in the same acct they have access to.

Also freezed our credit bureau accts.

It still seems unfathomable that this is where we are in our lives.

[MadameButterfly]

86. I was thinking of that

but wondering it then transferring the money over links the two accounts too much.
But at least they won't have direct access to where most of our money is.

[Alice B.]

105. I have another account at a local bank

But transferring from my primary bank (that the federal government would have access to by virtual of direct deposit of tax refunds and ACH payments of taxes) takes a literal week.

Would opening a second checking account at the same, primary bank be a better way to do it? Would transfers be faster?

And would this be easier than changing my account numbers?

Weirdly, while all this was going on, I had to open an ACH dispute with my primary bank after a sketchy debit that I didn’t authorize (insurance company - not Musk, lol).

[yellow dahlia]

108. We haven't done online transfer yet between different accts (at same bank) yet. As I understand

it, it is pretty much instantaneous.

Double check w/ your banker.

And someone asked earlier if they would be able to track other accts. I dunno. I felt it was important to limit how much they had access to in my direct deposit acct. We are in such surreal scary times.

[Alice B.]

111. Thank you!

I’m going to call tomorrow because I have other questions related to my ACH dispute.

I used to have minor accident and life insurance policies that I canceled nearly two years ago during a period of unemployment. Apparently “the system” (whole arm air quotes) opened policies for old, former policy holders. I can’t understand why they still have my bank account info because naive, I guess. Manhattan Life, if anyone is worried.
But yeah, here we are.

[kelly1mm]

79. I have a 'sweep account' bank account that basically is where I have electronic payments sent. I have several

contracts and a small ebay business which means I have at least 10 payments per week coming in. every week I 'sweep' the funds in that account over the $1000 minimum and send it to my main account. This is to avoid 'take-backs'.

[Silent Type]

19. Apparently l dog killer Kristi Noem is taking "credit" for clawback.

In a post to X, Noem said: “I have clawed back the full payment that FEMA deep state activists unilaterally gave to New York City migrant hotels. FEMA was funding the Roosevelt hotel that serves as a Tren de Aragua base of operations and was used to house Laken Riley’s killer. Mark my words – there will not be a single penny spent that goes against the interest and safety of the American people.”

[brakester]

70. She

makes me gag. How evil can one person be?

[bdamomma]

90. they are all evil

We will have to get into "good trouble".

[brakester]

69. Details

make all the difference. Not that it made me feel better.

[Botany]

9. Arrest that criminal, Musk

I wonder how many billions of dollars Musk and the new Fascist Dictatorship are planning to
steal from the American people? Musk now has all of our bank records and stuff in order to
rob us blind.

Btw in recreation of Nazi Germany in 1943 where by Nazi soldiers had to swear allegiance to
Hitler all new recruits to the FBI have to say that Trump had the election stolen from him as
any FBI agent who tried to enforce the law and hold Hitler err I mean Trump accountable for
his crimes is being thrown out of the agency. Thanks a lot Merrick Garland you just had to take
your own sweet time in prosecuting Trump and company.

[yellow dahlia]

67. How much can they take w/out it being noticed?

Biggest heist in history.

[brakester]

71. I live in an area of NC

that got the $#:! kicked out of it by Helene. We have years of cleaning up, building homes, and rebuilding roads before we can regain some sense of normalcy.

Are they going to jerk back NC FEMA money next?

[bdamomma]

92. Well he

bought and paid for the election results. This cretin needs to go back to South Africa.

[Johonny]

12. Charge Musk on state charges.

Today. Don't take 5 years. Charge him and his Dog team with financial crimes.

[C_U_L8R]

14. Nobody gets between NYState and its finances

without paying a severe price. This could be a fatal mistake.

[murielm99]

16. I hope you are right.

[kentuck]

18. Bold MoFo's

That is their intent.

[milestogo]

21. Throw the fucker in JAIL!

[orangecrush]

23. State charges?

[Bluetus]

62. Possibly, but this can certainly go to Federal court, and probably will within 24 hours.

Last edited Wed Feb 12, 2025, 09:41 PM - Edit history (1)

It was not a "theft" per se, at least we don't have evidence that Musk put the money in his own pocket. If that is the case, then undoubtedly there could be state charges because this was probably an account at a state chartered bank.

It sounds like it was more a case where Musk's gang went through all the recent disbursements and tried to reverse the ACH on ones in blue states. I believe there is a 5-day window when such a reversal can go through under ACH. So the money should have been sent back to the Federal account that originally disbursed it.

There certainly can be a lawsuit against a private citizen taking such action. There may be laws that spell out the procedures that must be followed. I'm certain the NY lawyers are working hard tonight deciding which court to petition and which statutes to cite.

[orangecrush]

65. Thank you

For the clarification.

[brakester]

74. This

could be explosive!!

[brakester]

72. One advantage of

state court is, if convicted, he can't be pardoned by the orange stain.

[FirstLight]

24. Run on the banks....

I wonder what it would really take to make that happen?
Every time I go to the bank or the ATM and I see that little FDIC sticker, I wonder how long it's going to be there. So is it time to pull all of our cash out? Is it time to get all of my stocks cashed out now? Will it make a damn difference if I do, because cash might not even be worth anything if that happens...

It's going to get worse before it gets better. I guess it's time to figure out what I need to stock up on to barter with...

[Delmette2.0]

25. I have similar questions.

And I am scared. The savings I have will hold me over for a few months of medications if Social Security and Medicare go away. Then what?
Make sure I have a bottle of pills to just go to sleep forever?

[Evolve Dammit]

28. I can understand that. And yet, we need to fight this shit until we can't anymore. Reach out to DU OK?

[Mr.WeRP]

32. Have you seen this pharmacy?

https://www.costplusdrugs.com/

Check out if they carry your Rx there or generic versions of it

[AllyCat]

39. Ummmm....i think you missed the point of their post

And might want to consider rereading and then deleting or modifying

[Mr.WeRP]

42. I didn't miss it. Trying to help

In particular with this:

The savings I have will hold me over for a few months of medications if Social Security and Medicare go away

Their money may last longer at that pharmacy (as opposed to CVS, Walgreens, etc) when uninsured.

[AllyCat]

45. So, the next sentence is worrisome.

It’s what the medications are for. It is not good and terrifying for the poster.

[Delmette2.0]

49. This is new to me.

I will check their prices.

[AllyCat]

40. I'm sorry. This is really scary. Please reach out to DU.

Please stay with us.

[Delmette2.0]

50. I will keep in touch.

[FirstLight]

75. I hate to say it but I absolutely understand

And I actually do have a stash just for that purpose if things come to be apocalyptic.

🥺😩

[rasputin1952]

95. Forget that last option...

Nothing to be gained and everything to be lost.

Nothing is "for sure" from moment to moment. I'm in dire financial straits myself, and the VA provides my meds.

I went down the debt hole caring for my best friend for seven months after his stroke went catastrophic. I'm getting my debt down though,
I'm hanging on by a thread for another 16 months.

Money isn't everything, life is (trust me on that, I'm still haunted by the lives I took in an ill-conceived war).
I'm living in Nebraska these days, my son, grandson, and extended family mean everything to me. As tough as things are for me now, I still find
ways to ease their lives.

I spent years working against Veteran Suicide, I spoke with them, face to face, never lost one. We are taught about money being the end-all, it isn't.
How we spend our days in service to others far exceeds any power that money has. I may be broke financially, but my spirit is never broken, and I'll be damned if the Wrecking Crew will ever alter that.

My guess is T**** does not have long for this world. Vance will be complete disaster, and we can end this nightmare in 2026. Farmers are being hurt and that is a huge deal in Red states.

This shit will end, and I intend to be here when it happens, I want you to be here as well!

Stay safe, and fight the good fight.

[Mr.WeRP]

27. 6 months? This is just the beginning of unjust seizures

They are testing this one out to see what the backlash might be and how to mitigate it. But under the covers, everyone is going to be thinking… “am I next” and will take measures to protect their wealth

[BadgerKid]

85. Banks can have 0% (zero) of deposits on hand in Dec.2024

https://www.ceicdata.com/en/indicator/united-states/reserve-requirement-ratio

Actually, the 0% allowance goes back to 2020.

I've heard some opining for abolishment of the Federal Reserve and FDIC.

If there is a collapse coming, then it seems prudent to me to stock up on things you can use or trade to survive.

[Evolve Dammit]

26. Please provide advice as you work your way through that. I asked several advisors about foreign currency options

(like Swiss francs) and they had no clue.

[Evolve Dammit]

29. Why isn't he arrested in NY? Why?

[SickOfTheOnePct]

46. Probably because he (Musk) didn't do it

It was DHS - they clawed back FEMA money apparently.

[Evolve Dammit]

48. I heard him saying it wasn't me, it was Star Link in another matter. So you blame the corporation of which you lead. Yea

that's the ticket.

[bdamomma]

93. Don't they

the felon and the muskrat both do that, blame someone else, that's their mo.

[Evolve Dammit]

97. Can always blame others, especially if you have a corporation/ LLC etc. Wasn't me. It was xxx.

[bdamomma]

98. Damn

them all. We need to push back hard.

[Evolve Dammit]

106. yes indeed. I am seeking out more rallies nearby that we can add to the growing voices. They have pissed off millions.

[bdamomma]

109. Elon has to go

It would be great if the felon and him had a falling out, but they are both narcissists. Musk answers to Vlad, and the felon answers to both Musk and Vlad. What a weak felon he is. Musk's kid told the felon to shush.

[Evolve Dammit]

110. I just randomly had a thought about a duel?? y'know the old fashioned way. They probably need a few more weeks

[Blue Owl]

30. Entitled motherfucker

[GiqueCee]

33. It is LONG past time...

... for those with the power to do so, to take this thieving motherfucker DOWN! Did the $80 million go directly back into an appropriate Treasury account? Somehow I doubt it. That's grand larceny. Start taking down Musk's minions; one of 'em will turn on him. This has gone on too long already. Everything about DOGE is illegal and unconstitutional.Take him to a black site, confiscate his assets, and put the fear of God in the rest of these overprivileged swine. This shit WILL stop.
God damn every Republican to Hell for all eternity. Daddy's waiting for them.

[DFW]

34. The money is "now missing?"

And no one in government cares where it went?

I can think of no bigger WTF than this one.

Where are the NY State authorities? The Feds? Hell, where is the New York Times?

[Mr.WeRP]

36. The Federal Government (via Musk) took it

[AllyCat]

35. Requires too large a deposit for an offshore account for us.

Guess we’ll just go broke after working our whole lives.

I hate republicans. I hate president musk. And I hate Cheeto.

[dchill]

37. So. He's literally a bank robber.

That's illegal, I believe.

[TBF]

96. Illegality - Trump & Musk think they can do whatever they want

and thanks to the Supreme Court they will.

Trump is immune, and he can pardon Musk.

Citizens will eventually have to rise up and put an end to this, one way or another.

[Pathwalker]

38. K&R

[Wingus Dingus]

47. What...how...how does 80 million go missing and the bank in question doesn't flag it and

and notify them of the impending transaction? I have questions. That would be a giant loss of capital all at once.

[LiberalArkie]

51. Statement from NYC Comptroller Lander on the Trump Administration's Illegal Reversal of FEMA Funding

February 12, 2025

“This morning, my financial team shockingly uncovered that President Trump and his crony Elon Musk illegally executed a revocation of $80 million in congressionally-appropriated FEMA funding from New York City’s bank accounts late yesterday afternoon. This is money that the federal government previously disbursed for shelter and services and is now missing. This highway robbery of our funds directly out of our bank account is a betrayal of everyone who calls New York City home.”

“New York City cannot take this lying down. I call on the Mayor to immediately pursue legal action to ensure the tens of millions of dollars stolen by Trump and DOGE are rightfully returned. If instead Mayor Adams continues to be President Trump’s pawn, my Office will request to work in partnership with the New York City Law Department to pursue aggressive legal action.”



https://comptroller.nyc.gov/newsroom/statement-from-nyc-comptroller-lander-on-the-trump-administrations-illegal-reversal-of-fema-funding/

[Baron2024]

59. Right On

You go Lander. Messing with New York is a stupid move. They will pay.

[abbeyco]

99. That's a damned good statement

Glad to see he called out 47’s newest dingleberry, Eric Adams.

[Buddyzbuddy]

53. This is a good way to start a run on the banks, comrade knucklehead.

This doesn't affect our personal accounts, yet. But it creates insecurity in our banking system because it shows how easily the Felon and his den of thieves can reach in and take what they want.
Banks can't sustain this type of instability. Maybe that's the plan. Manipulate a false narrative so people invest in bitcoin and gold as an alternative.

[Silent Type]

77. Good point. I'm not real fearful of trump, musk, his henchmen getting my small funds, but

the fear — even if fueled by misinformation, though with some truth — is a serious matter for all of us.

[bdamomma]

94. Your last comment

makes me think this is their goal the tech bros to kill the dollar and make cryptocurrency their new toy. I could be wrong, but they want to burn everything down. Unless we stop them.

[Baron2024]

55. State Charges

I am not a lawyer but maybe there could be State charges against Musk in New York? I would love to see this son of a bitch in jail. State charges would mean no pardons from Trump. Trump may be immune to prosecution while in office, but Musk is not.

[Figarosmom]

56. Yep

Especially since they are discussing dumping the FDIC. If our accounts have no protection why bother with a bank? Pull money out and put it in real-estate or if you have a lot off shore it. Or just keep it at home. Maybe banks going under will put a spark under the walking dead Republican House and Senate.

Everything I have is in different accounts than my Social Security goes in, that account is dedicated to that and that's all. That account is the only account number the government has.[

[SheltieLover]

57. Kicking

[4catsmom]

61. can NY arrest then?

I hate for them to keep rescuing the US

[Meowmee]

73. Can NY and other states move any other funds given elsewhere so it will be safe?

[Dave Bowman]

76. He's just a lowlife and a fucking thief.

😠😡🖕

[kelly1mm]

78. It was the FEMA director that recalled the funds, not Elon Musk. nt

[Tickle]

81. Is that why they fired

those fema officials and a DMV guy?

[wishstar]

82. Yes, the fired officials carried out Congress' funding mandate to cover migrant shelter costs

https://apnews.com/article/fema-migrants-nyc-funding-luxury-hotels-doge-c7d2c0b029bc653293a478b4bf5d59b1

The office of Mayor Eric Adams said on Monday it received two payments from the federal government related to migrant assistance last week totaling over $80.5 million. One payment was for $58.6 million and the other was for $21.9 million, under two tranches of the Shelter and Services Program, city spokesperson Liz Garcia said. The money covered reimbursements for services delivered between November 2023 and October 2024 and included reimbursement for hotels, security, food and other costs. About $19 million in reimbursement claims were for hotel costs, she said.

Garcia said the city has never paid luxury rates for hotels. That’s backed up by a report last year from City Comptroller Brad Lander, who is now running for mayor in a bid to unseat Adams, which showed that the municipal government has paid on average $152 a night for rooms, the vast majority outside Manhattan. Some of the Manhattan rooms were around $200 per night, but that’s not a luxury rate. Rates for five-star hotels in Manhattan for this coming weekend run from $400 a night to well over $1,000.

The Shelter and Services Program, also known as SSP, is administered by FEMA in partnership with U.S. Customs and Border Protection, under the Consolidated Appropriations Act of 2023. Congress appropriated $650,000,000 for the program in fiscal year 2024 to provide financial support to nonfederal entities. Of that, $640.9 million was “to support sheltering and related activities provided by non-Federal entities, in support of relieving overcrowding in short-term holding facilities of U.S. Customs and Border Protection.” The remaining $9.1 million was for FEMA’s administrative costs.

Four federal employees — FEMA’s chief financial officer, two program analysts and a grant specialist — were fired Tuesday over the payments to reimburse New York City, Department of Homeland Security officials said. The workers are accused of circumventing leadership to make the transactions. Officials did not give details on how the four had violated any policies.

[lostnfound]

112. How much did the government pay Trump Hotels per night in his hotel rooms? haha. Nt

[no_hypocrisy]

80. The NY banks should freeze the remaining accounts until

this is addressed and resolved in Court. At least it will prevent any more theft.

[DeepWinter]

84. To be clear

these are government accounts, not private individual accounts.

[Javaman]

91. As I said to my wife a few weeks ago...

We will wake up one morning to find out Fort Knox is empty

[Initech]

100. Holy fuck, Elon is really pushing it.

Can we shoot him into the sun on one of his shitty rockets already? He can take his asshole tech bro buddies with him.

[LymphocyteLover]

101. I was worried about this as soon as I saw they had access to the Treasury. Truly horrifying.

[Gary 50]

102. Arrest Musk and throw him in Rikers island.

Then take two years for him to come to trial. He stole 80 million dollars. Oh, my mistake. That's what happens when you might have stolen a backpack.

[Baron2024]

103. Arrest Musk

If Musk is behind the theft of $80 million dollars in federal money from New York City he might have committed a crime in the State of New York and so could be susceptible to arrest by state authorities. Is there any serious discussion of this going on in New York? There should be. Musk must be stopped somehow.

[Martin68]

104. This sounds like a felony to me.

[NoMoreRepugs]

107. These are test runs - soon MuskRat will be transferring money from the US Treasury itself. Do you seriously

doubt that wont happen? As long as the SlobFather ends up with tens of billions he doesn't give a rats ass what the MuskRat does.