Some call it skirting the boundaries of propriety..
Others see it as exacting justice..
I see a lot of fat mattresses in politicos futures here on out.
Banks are quasi gubamental organisms.. And bound by law to same.
Why? Because we let them. When these laws started, we could have stood up and stopped it, but as usual, we said “Hell, they’re just doing to those other people, so I don’t care”.
Refusing to let the cops into your home without a warrant is “avoiding government scrutiny”.
structuring financial transactions “to evade currency transaction reporting requirements” is a violation of federal law.
If you own a business that deals in a lot of cash and gross under $10k a day to the tune off $8500 one day, $9800 another, etc. you may find yourself in trouble for the appearance of evading currency transaction reporting requirements.
Add to this the fact that when this was enacted you could have bought MULTIPLE new cars for under that amount of money you see the challenges inflation has brought to the issue.
What if the government installed surveillance cameras on various streets in a municipality and then made it a crime to walk along a route that skirted those cameras?
It’s because you are their subject and tax slave rather than them being your public servant. Simple really.
Well, when I transfer funds in excess of 10K, it is to write a check to the effing government for taxes. Now, where does that leave me? D@mned if I do, and D@mned if I don’t.
Because we let them get away with making it so. While the unmitigated support for the Patriot Act was rampant, equally abysmal laws were passed before it.
They keep us scared and rely on a bumper sticker mentality. If we are survive, it will take a clean slate of Representatives and a repeal of many a law.
MOST small retail businesses make daily deposits of less than $10,000.
Often it is at the SUGGESTION OF THE BANK, to avoid the paperwork.
This “structuring” “law” has become a fund raising scheme for government agencies, and it has NOTHING to do with fighting crime.
You see, there is risk in fighting criminals....and why do that?
A government employee or elected official with clearance do not have a right to hide being blackmailed
If he wanted to pay the hush money.. quit the government, surrender your clearance....and become a private citizen
they he can pay all the hush money out he pleases and I'll support him in his right to do so with no one sticking their nose into it
Is it a crime to drive 65 mph because you’re avoiding breaking a 70 mph limit?
“There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws.” ― Ayn Rand
Nice article but I think the hidden news here is this is vindictive prosecution. Punishment for something.
Thing is, the fedgov clearly DOES track <$10k transactions. Otherwise, they would not know that he broke the rule!
We need to repeal bad laws, and “structuring” laws should join “civil asset forfeiture” laws and all federal firearms laws in being repealed as soon as possible.
Because we are no longer a truly Free People.
When we reach the point, which we have, that some in the Media and out Fellow Citizens advocate limits in Free Speech with no blowback, we are doomed.