Posted on 04/27/2005 7:59:32 AM PDT by PreciousLiberty
In 2006, it'll be a whole lot harder to cheat on your taxes, even accidentally. In fact, you'll also have to field calls from the government over odd deposits that you make, e.g. a deposit at an odd time of the month, or a cash deposit, or a deposit made from a foreign bank, etc. That's because, thanks to the PATRIOT act, banks are spending billions on highly sophisticated, government-mandated anti-money laundering (AML) software that will track every last transaction of every last customer in order to build up individual customer profiles and look for "suspicious" activity. And when they find some suspicious activity, they're going to want an explanation out of you, regardless of whether or not you fit any sort of terrorist profile.
(Excerpt) Read more at arstechnica.com ...
LOL......Kewl !
"....and people still believe everything they read on the net...."
?
btttt
No, but nobody listens to me, so I get tired of talking about it.
george orwell was only off by 21 years
Tell me about it. I recently put in over three grand on my Buick Regal, (needed a new car desperately). Needless to say I'm glad the feds didn't strangle me. Anyway, I put my money in a credit union.
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