Posted on 05/28/2015 4:40:52 PM PDT by navysealdad
Former Speaker of the House Dennis Hastert was indicted Thursday by a federal grand jury in Chicago. The Illinois Republican, 73, is charged with trying to evade cash withdrawal requirements, and with lying to the FBI about it.
(Excerpt) Read more at npr.org ...
Ruh-roh.
Called it on another thread. Not the only one though. Plain as day when his past as a teacher/coach was mentioned in the indictment.
I ran his opponents campaign in 1994.
Does anyone know how Denny Hastert kept getting re-elected election after election in a disputed district?
He paid some low-level Democrat party grunt to run against him in the General Election. He used his own people to circulate petitions for his "opponent" to get them on the ballot and then had signs printed up for his opponent.
Denny's own staff would go out and put those signs up to make it appear Denny had competition.
As was the case in several elections, Denny's "opponent" magically had dirt thrown on him just before the election to make the opponent "unelectable." One year Denny's opponent was a known drunk who couldn't hold down a job, another year it was a school bus driver who hardly ever voted.
Not surprised Denny Hastert's a crook. Wonder what's going to happen to the Hastert Family Restaurant "White Fence Farm?" Wondering if the Fed's are going to look at that as a money laundering operation.
Hmmmmmmm.
There's A LOT of dirt on Denny Hastert. I'd given long ago that he was ever going to be caught so today for me was a pleasant surprise. Denny's a corrupt crook. Knew it all along.
You would not believe the amount of money my mom and aunt found in my grandparents’ house. Jaw dropping.
Should I have to worry about taking ATM withdrawals of $400 a day (daily limit imposed by the bank)?
Never any accusations of such. He was a wrestling coach and teacher (Economics & Sociology) at Yorkville High School.
It's all in the name of the War on Drugs and Money Laundering ..........
Does POTUS get access to blackmail friendly information from NSA?Such info would undermine all checks and balances which is what makes it so dangerous to a viable democracy.
And the Boy Scouts want homos all over their organization. An Alec Baldwin in every tent.
His blackmailer must have had some pretty good stuff.
You’r’e being kind. ;^)
That was my suspicion, too.
I wasn’t aware of the withdrawal part of the structuring law.
Is the account holder required to report these type of withdrawals to the IRS or just make the withdrawals and wait for the feds to show up?
It is not a problem I will ever have, that’s for sure.
Perhaps this indictment was intended as a warning to someone other than Hastert.
Another of caesar’s intrigues.
http://www.fincen.gov/news_room/rp/files/sar_guidance_narrative.pdf
Helpful information there about what should be reported. Of course, since the risk of not reporting is higher than the risk from over-reporting, there’s no ‘safe harbor’ even if you follow the rules.
On the other hand, a SAR for a single transaction probably isn’t going to trigger a criminal investigation. I’d rather explain a single $90,000 transaction than 10 $9,000 transactions.
Good God.
Give it up already.
If you take the cash out of the country, you have to report. (Used to be $10,000; haven’t looked in a while.)
If you go make a $10,000 cash withdrawal for personal use, the bank will probably report, but you don’t have to.
My bank just recently started making you show your ID when making a deposit, whether cash or check. And if you ask someone else, like my daughter, to make a deposit for me, they won’t let her do it because she doesn’t have an account with the bank and she’s not on my checking acct. I’m about to change banks.
He was a disaster as a speaker.
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