INSIDER: How the 'Chase Wave' began, and how it crashed, leaving Scientology in chaos - 2021-12-20

INSIDER: How the 'Chase Wave' began, and how it crashed, leaving Scientology in chaos December 20, 2021, An Insider, Underground Bunker

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Our insider sent over another communication, this time to help explain the rise and fall of the "Chase Wave" racket in Scientology that we've been describing here thanks to a previous source who leaked us a document. In that document, Scientology registrars ("reg" or "regges" for short) were encouraged to lie to Chase Bank in order to open up massive zero-interest accounts for Scientologists and burden them with debt. This led to a backlash and the ending of the practice just a couple of years ago. Here's the insider with more.

I just wanted to better explain how the Chase Wave started, and how and why it ended.

I don't remember the exact year, but it was probably 2013 or 2014, when LA Ideal Org was taken over by the Sea Org. Prior to this, it had been Class V staff. The staff were given the option of being released from their contract immediately, or finishing the contract but not being allowed to re-sign at LA org. Most chose to leave. Shortly after being taken over by the SO, LA became the top producing Ideal Org on the planet.

Wikipedia cite:

{{cite news | author = An Insider | title = INSIDER: How the 'Chase Wave' began, and how it crashed, leaving Scientology in chaos | url = https://tonyortega.org/2021/12/20/insider-how-the-chase-wave-began-and-how-it-crashed-leaving-scientology-in-chaos/ | work = Underground Bunker | date = December 20, 2021 | accessdate = January 1, 2022 }}