Shelton (CT) Man Pleads Guilty To Structuring Of Cash Deposits

Department of Justice ^ | June 1, 2009 | United States Attorney's Office District of Connecticut

[Larry381]

Structuring? That's a new one on me-this guy is 81 years old.

[library user]

This one has a nice structure:

[IronJack]

How dare he attempt to access his own money without informing the Gestapo!

[2banana]

So where did the money come from?

[library user]

Here is another nice Botti. But, why so meloncholy?

[edcoil]

Cash, not wire transfers or checks or pay checks would be included - I guess this was set up to stop drug dealers from cash only deposits.

[Lurking Libertarian]

How dare he attempt to access his own money without informing the Gestapo!

The law requiring the filing of currency reports was proposed, and later signed, by President Nixon. The law against structuring transactions to avoid filing those reports was proposed, and later signed, by President Reagan. In both cases, the law was justified by the "war on drugs."

[microgood]

This case has been investigated by the Internal Revenue Service – Criminal Investigation Division, with the assistance of the Federal Bureau of Investigation. The case is being prosecuted by Senior Litigation Counsel Richard J. Schechter and Assistant United States Attorney Rahul Kale.

Those are pretty fancy titles for common thieves.

[Vendome]

and a nice Botti

Breath of fresh air

[Vendome]

nice structure

[wafflehouse]

Thank heavens they stopped this vicious criminal! Violating paperwork regulations is SERIOUS business. Luckily for him, they will only steal the money in his account rather than seize his land, house, and car as well. Five years in prison is a small price to pay!

[wafflehouse]

This guy would get less prison time if he had just stolen the money in the first place:

http://www.freerepublic.com/focus/f-news/2264146/posts

So remember kids! If you have a choice between stealing $100,000 or depositing that much money in the bank $9000 at a time, you will get less prison time for just stealing it. I wonder why ethics are hard to come by these days.

[MediaMole]

This is part of an ongoing public corruption case where Botti’s son was accused of bribing a public official.

[SuperLuminal]

Cash, not wire transfers or checks or pay checks would be included

Sorry! Wire xfers and checks ARE included.

[SuperLuminal]

Two “massive” deposits???

[edcoil]

then everyone could be arrested for simply working and depositing paychecks on a regular basis. Even the nazi’s didn’t do that. You sure?

[unique]

This is more than passingly strange in that if he simply came up with an, even lame, excuse for depositing amount of less than $10,000 he would have never been prosecuted.

They must have taken advantage of his age.

[Chode]

looks like some restructuring went on...

[MediaMole]

They went after him as part of a bribery investigation involving his son.

[IronJack]

One more outrage committed in the name of saving us from ourselves.