To: rktman
"requires ammunition dealers to report any purchases of more than 1,000 rounds." Then anyone making consistent ammo purchases of less than 1,000 rounds will be persecuted and prosecuted by the Feds for "Structuring" which is defined by them as taking action to evade reporting requirements.
That is exactly what they do to people making multiple cash deposits of less than the $10,000 reporting threshold.
See this article:
The IRS Seized $107,000 From This North Carolina Man’s Bank Account
5 posted on
05/17/2015 8:00:20 AM PDT by
Iron Munro
(We may be paranoid but that doesn't mean they aren't really after us)
To: Iron Munro
Yup. I thought the same thing. But, I did read that the gentleman is or has gotten his money back.
8 posted on
05/17/2015 8:04:40 AM PDT by
rktman
(Served in the Navy to protect the rights of those that want to take some of mine away. Odd, eh?)
To: Iron Munro
Then anyone making consistent ammo purchases of less than 1,000 rounds will be persecuted and prosecuted by the Feds for "Structuring" which is defined by them as taking action to evade reporting requirements.Bingo! You've grok'ed the way they operate.
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