Posted on 01/18/2018 11:30:53 AM PST by E. Pluribus Unum
About two dozen NYPD offficers and investigators from the Manhattan district attorney’s office raided the offices of Newsweek and its parent company, IBT Media, on Thursday.
IBT Media was co-founded by Jonathan Davis and Etienne Uzac. The IRS placed a $1.2 million federal tax lien against Uzac in December 2017.
The agents were said to be photographing servers in the offices, but not downloading any files at the offices on 7 Hanover Square, according to sources.
They appeared to be photographing the serial numbers on the machines, said a source.
(Excerpt) Read more at nypost.com ...
What was that about a free press?
I’m sure everyone will excoriate DeBlasio for this abuse of power.
Stolen servers?
How many milliseconds after this story broke did some leftist blame Trump and make the claim he is oppressing free speech? Did Cory Booker and Schumer hold a crying press conference yet?
Taking pictures, marshaling assets? Sounds like that Brit show, “Can’t Pay, We’ll Take It Away.”
Could be planning to impound the servers or at least place liens on them.
Guy probably blew them off the first time with: “I’ll get you the money.”
Lefties are all for higher taxes - except tax es that THEY would have to pay.
Gee, fake news award, now this.
Should changed their name to IBTZ Media.
Makes sense Newsweak was sold for a dollar.
5.56mm
NYPD?
Is New Squeak taking a blue-on-blue hit?
Would NYPD get involved in a federal tax case? I would expect IRS agents to raid the place, not city police.
You’re suspicion is noted.
I would have thought federal. Wire fraud, rico...
Who knows?
5.56mm
Freepmail
:: They appeared to be photographing the serial numbers on the machines, said a source. ::
Someone on the locked thread implicated Child Porn. Maybe they were recording MAC addresses.
“Should changed their name to IBTZ Media.”
LOL thought the same thing too
I guess Newsweak forgot Joe Biden’s dictum that “Paying taxes is patriotic.”
I suspect unpaid state, county and municipal taxes. They photographed assets. The respective govt.s likely want to seize the assets before the company declares bankruptcy. No body likes to wait.
Ha-ha! Too BAD for NewsWEAK!!
Well, before that, they'd just put a lien on them. That lets the taxpayer to continue to operate, and prevents them from selling assets or moving them.
But doesn’t that only work before bankruptcy? Once bankruptcy is declared don’t all assets go to bankruptcy court for distribution regardless of liens? Plaintiffs litigate for their slice of the assets. But seizing the assets prior to bankruptcy ...well, how much of the law is possession?
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