raelian movement logo_White
Search
Close this search box.

IRS seizes hundreds of perfectly legal bank accounts, refuses to give money back

บ้าน > ราเอล > ความคิดเห็นของราเอล

RAEL’S COMMENT: 
The land of the free ?

The Internal Revenue Service has been seizing bank accounts belonging to small businesses and individuals who regularly made deposits of less than $10,000, but broke no laws. And the government is refusing to return all the money taken.

The practice ‒ called civil asset forfeiture ‒ allows IRS agents to seize property they suspect of being tied to a crime, even if no charges are filed, and their agency is allowed to keep a share of whatever is forfeited, the New York Times reported. It’s designed to catch drug traffickers, racketeers and terrorists by tracking cash deposits under $10,000, which is the threshold for when banks are federally required to report activity to the IRS under the Bank Secrecy Act.

It is not illegal to deposit less than $10,000 in cash, unless it is specifically done to avoid triggering the federal reporting requirement, known as structuring. Thus, banks are required to report any suspicious transactions to authorities, including patterns of deposits below that threshold.

Read more

Source

รับความจริง

อ่านสาสน์ที่ผู้สร้างของเรามอบให้ ในระหว่างการพบยูเอฟโอของราเอล ในปี 1973!

เหตุการณ์อื่นๆ

ติดตามเราได้ที่

สถาบันราเอล

you might also like

Extreme winter cold grips Russia

RAEL’S COMMENT: Glo …

Nationalism can finally disappear
RAEL’S COMMENT: Won ...
Do not kill, Love your neighbor
RAEL’S COMMENT: Eve ...
THE EYE OF CAIN
RAEL’S COMMENT: Wit ...