Posted on 11/19/2003 3:04:37 PM PST by Sloth
I don't see the big deal with withdrawing cash in ANY ammount from a bank account. Sure depositing large volumes of cash could indicate money laundering, but withdrawing legally gotten gains in any ammount, over or under any certain amount, should not be an issue. I think this is a witchhunt at this point, and we need to start asking ourselves the motives of powers that be behind this. It is nothing but a poorly veiled attempt to further malign a man who has, far from doing anything wrong legally (outside of the drug thing--for which he has gotten help for), has been an advocate for obeying the law and taking responsibility for one's own actions. If the money is legally gained and deposited there, then there should be in no way any government attention to withdrawls in any amount. If it was legally gained--taxes were ALREADY paid on it, so its nobody's business what he got out that was his. they're grasping at straws.... like w/ Al Capone.
the closest thing to a crime might be "willful blindness," on the part of the bank. to a potential crime (which whether or not there is a crime actually being committed by the person getting $$, under federal banking law is a crime unto itself for the bank as an institution. But that's all..
It keeps the foreskin from falling.
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