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  • NC Man Charged With Illegal Bank Withdrawals (Ali A. Odeh withdrew 4.6 million)

    06/05/2005 12:59:52 PM PDT · by jern · 80 replies · 1,969+ views
    AP ^ | June 5, 2005
    CLINTON, N.C. -- Federal authorities have charged a Clinton man with fixing bank transactions totaling almost $4.3 million to avoid having the withdrawals reported to the Internal Revenue Service. Ali A. Odeh, 36, was indicted by the grand jury last month on 463 charges of structuring a transaction with RBC Centura Bank in Clinton. Assistant U.S. Attorney John Bruce said a bank must report a transaction of $10,000 or more to the IRS. According to court documents, Odeh, also known as Ali Abdel Latif Mbarak and Ali A. M. Thatata, made 463 withdrawals from July 13, 2000, to June 28,...