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Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required
MSN ^ | 10/25/14 | SHAILA DEWAN

Posted on 10/25/2014 3:35:38 PM PDT by Libloather

ARNOLDS PARK, Iowa — For almost 40 years, Carole Hinders has dished out Mexican specialties at her modest cash-only restaurant. For just as long, she deposited the earnings at a small bank branch a block away — until last year, when two tax agents knocked on her door and informed her that they had seized her funds, almost $33,000.

The Internal Revenue Service agents did not accuse Ms. Hinders of money laundering or cheating on her taxes — in fact, she has not been charged with any crime. Instead, the money was seized solely because she had deposited less than $10,000 at a time, which they viewed as an attempt to avoid triggering a required government report.

“How can this happen?” Ms. Hinders said in a recent interview. “Who takes your money before they prove that you’ve done anything wrong with it?”

The federal government does.

(Excerpt) Read more at msn.com ...


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events; US: Iowa
KEYWORDS: accountscrime; carolehinders; civilforfeiture; criminalgovernment; forfeiture; iowa; irs; law
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“I don’t think they’re really interested in anything,” Mr. Potashnik said of the prosecutors. “They just want the money.”

The war on real Americans.

1 posted on 10/25/2014 3:35:38 PM PDT by Libloather
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To: Libloather

Stuff like this shows us, this country is long gone. Now it’s time for the crackdowns and cleanups.


2 posted on 10/25/2014 3:37:22 PM PDT by Lazamataz (First we beat the Soviet Union. Then we became them. We have no 'news media', only a Soviet Pravda.)
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To: Libloather

Time for another Revolution War II. Just how much longer will we tolerate 5his crap?


3 posted on 10/25/2014 3:39:41 PM PDT by Patriot Babe
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To: Libloather

             


Let 'em live & give 'em time, they'll surpass the Reich

4 posted on 10/25/2014 3:39:43 PM PDT by tomkat
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To: Libloather
This is ESPECIALLY for the morons who wanted the guy who promised the "fundamental transformation of America".

They got it.

 photo obamafuhrercopy_zps35774615.jpg

PROBLEM IS THAT IT'S BEEN TRANSFORMED INTO NAZI GERMANY OF THE EARLY 1940s -- COMPLETE WITH THE GESTAPO!

You idiots be sure to get out there on 11/4 and vote for his congressional enablers!!

5 posted on 10/25/2014 3:40:40 PM PDT by Dick Bachert (When injustice becomes law, resistance becomes duty. ~ Thomas Jefferson)
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To: Lazamataz

Roger that.


6 posted on 10/25/2014 3:42:42 PM PDT by QuisCustodiet1776 (Live free or die.)
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To: Libloather

Tax procedures are specially troublesome. There was a wave of reforms a decade or so back that did “some” good. The vigilance cannot be relaxed, as new regulations come into view. And no, Bob won’t always do it for us.


7 posted on 10/25/2014 3:43:37 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Libloather

Outright thievery. These gov’t thieves are out of a job unless they “perform” and this means grabbing your money this outrageous way


8 posted on 10/25/2014 3:45:56 PM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: Libloather

Dump entire income tax code.

Flat tax or fair or whatever

Disband irs

Which candidate for president will run on this


9 posted on 10/25/2014 3:46:57 PM PDT by morphing libertarian
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To: Libloather

Another big party of the problem is that the I.R.S. and govt, use and force banks and financial institutions into this Nazi reporting. Report, report, report — even bank suspicions.
This is NOT in anyway a bank’s job, but they willing do it.


10 posted on 10/25/2014 3:47:41 PM PDT by George from New England (escaped CT in 2006, now living north of Tampa)
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To: Libloather

War on drugs. Nothing new here. Enjoy the taste of shoe polish boot licking cop lovers. Police are NOT your friend. They are the foot soldiers in the government’s legal monopoly on violence.


11 posted on 10/25/2014 3:50:41 PM PDT by Organic Panic
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To: Organic Panic

For what it’s worth, local police had zip to do with this outrage.


12 posted on 10/25/2014 3:51:32 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Libloather

The IRS wouldn’t have acted unless the bank filed SAR reports on her.

Unfortunately for her, structuring is worse than money laundering. Everything she has is either going to end up with the feds or a lawyer. And it does sound like she is guilty - and stupid enough to admit it: ““My mom had told me if you keep your deposits under $10,000, the bank avoids paperwork,”. She can probably stay out of prison if her record is otherwise clean.


13 posted on 10/25/2014 3:55:13 PM PDT by PAR35
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To: George from New England

They have to do it - unfortunately the IRS and federal prosecutors can run amok and seize money that’s technically “illegal” even though the intent isn’t to fund organized crime or other criminal activity.

Civil forfeiture is increasingly directed at people who are not criminals but who simply run afoul of federal reporting rules.

Don’t keep your money in a bank.


14 posted on 10/25/2014 3:55:45 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: PAR35

And sometimes there are things as mentioned in the article: insurance policies covering cash losses that will cover only up to 10 grand. Well, what does a policy holder do... yes, make all deposits while cash holdings are still under 10 grand! That isn’t what the “anti structuring” legislators had in mind, but the folks with hearts of paper don’t care.


15 posted on 10/25/2014 3:59:02 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Dick Bachert
This is ESPECIALLY for the morons who wanted the guy who promised the "fundamental transformation of America". They got it.

Blame Obama all you want-- goodness knows, there's plenty to blame him for-- but the law allowing the IRS to seize cash on "suspicion" of "money-laundering" was proposed by, and enacted during the administration of, Ronald Reagan, as part of the "war on drugs."

16 posted on 10/25/2014 3:59:53 PM PDT by Lurking Libertarian (Non sub homine, sed sub Deo et lege)
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To: PAR35

If you meant you one of the snobs who doesn’t commit three felonies a day without knowing it like most Americans do, then I congratulate you on your innocence.

The truth is we all break some laws every day everywhere. No person can possibly be conversant with all the laws on the books.

No one could get anything done if they did. Compliance is effectively impossible, given the way the system is structured.


17 posted on 10/25/2014 4:00:54 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Libloather

If people everywhere would use “jury nullification” in IRS cases we might get somewhere.


18 posted on 10/25/2014 4:00:54 PM PDT by RIghtwardHo
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To: Libloather

The Sheriff of Nottingham.


19 posted on 10/25/2014 4:01:42 PM PDT by BwanaNdege (Mother of Epidemics- "Gang Green and the Government Staff Infection" - G. Morgan, Freedom Foundation)
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To: Libloather

So if a business deposits small amounts of cash into a business account because cash comprises a relatively small percentage of revenues, that’s suspicious? Maybe she should have just stuffed in her mattress, bought some jewelry or whatever.
The idea is to make cash illegal.
Next time, she should tell the agents that some of the cash came from a guy from Liberia.


20 posted on 10/25/2014 4:01:43 PM PDT by grumpygresh (Democrats delenda est. President zero gave us patient zero.)
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