[kattracks]

How is this money laundering?

[lightning]

How can a man's private, legal banking transactions be made public? His bank ought to feel some heat.

[4everontheRight]

How dare Rush withdraw money that has the words "In God we trust" written on it"???????

[Torie]

A pattern and practice of taking out between 5 and 10 K, or taking out just under 10K as a pattern and practice, must also be reported by the banks.

[richtig_faust]

Banks must report withdrawals of $10,000 or more to the federal government.


I didn't know that..... talk about big brother...

[Protagoras]

Limbaugh supports Bush. Bush administration passed the "know your customer" law in stealth form as part of the "Patriot" act. It had been beaten back several times by ordinary Americans .

I guess Rush should be careful who he supports.

[1Old Pro]

LOL, this is a total NON-STORY because the allegations are preposterous. It does reveal the anti-Limbaugh and anti-conservative bias of the paper though.

[international american]

T'isnt...just more Rush trashing.Limbaugh earns upwards of 30 million a year. And I am sure he paid the taxes on that dough.

[bobsatwork]

How is this money laundering?. Incredible. Just plan freakin incredible. Taking money from YOUR OWN bank account is money laundering????? There is a reporting limit of 10k per withdrawal. How is withdrawing 9.9k "skirting the law"? Even if he did it ten times a day for a lifetime? I have said it before - if Rush bought drugs illegally, he should be treated the same as any inner-city kid caught doing the same thing. No better, no worse. But MONEY LAUNDERING??? I swear, as time goes by, I recognize my country less and less.

[Pkeel]

It is much worse than you think. Most banks keep track of all cash transactions of $5,000 and more for internal use. And probably to search for people attempting to stay under the $10,000 reporting law.

[Eva]

This is really reaching. The leftist sharks are circling the Rush story, but can't find any real meat to bite into.

[ampat]

Yep, it's illegal to withdraw your own money from the bank.

[longtermmemmory]

NY want state income tax.

Sounds like the drug case is a bust so they are fishing elsewhere to find dirt. Problem is, that is was THE BANK that was responsible to report the transaction. If I make three cash withdrawals for $9999.99. I don't fill out any forms, THE BANK DOES IT.

Even IF it was being suspicious, which is was not, the onus is not on RUSH to report the transactions.


As for what was done with the money, who knows? Did they mark the bills two years ago? Could it be in the cigar box of dooooooom?

It is NOT laundering. Laudering is far more sophisticated than the boobs on tv news would have us believe.

If anything I would venture the bank AND the investigators who leaked this should be charged with violating the new bank privacy laws. Who are these people blabing about how much ANYONE is taking out of their checking account?

I wish Rush would name names.

[Libertina]

This is total witch hunting... Ah well, abc has nothing else going for it.

[Sloth]

Limbaugh May Have Avoided Speeding Tickets

[CobaltBlue]

Multiple withdrawal under $10K in order to avoid the necessity to report to the authorities is called "structuring" or "smurfing." If the money involves illegal activity, that's a per se violation of 18 USC sec. 1956.

Not illegal all by itself but Rush has a lot of 'splainin to do.