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Limbaugh bank withdrawals under fire
New York Daily News ^
| 11/19/03
| DEREK ROSE
Posted on 11/19/2003 1:28:15 AM PST by kattracks
Authorities are investigating whether radio host Rush Limbaugh skirted banking laws in getting cash to buy his illegal prescription painkillers, it was reported last night. Limbaugh made between 30 and 40 cash withdrawals from his account at U.S. Trust in amounts just under $10,000, ABC News quoted law enforcement officials as saying. At one point, a U.S. Trust employee delivered about $9,900 in cash to Limbaugh at his New York studio, ABC reported. Banks must report withdrawals of $10,000 or more to the federal government.
Law enforcement officials will decide this week whether to prosecute Limbaugh on the felony money-laundering charges, ABC News also revealed.
"There's no basis for these charges. He has not committed any acts of money laundering and he absolutely denies it," Limbaugh's lawyer, Roy Black, told ABC. "I can assure you - and Rush assures the listeners to his radio station - when we can, we will tell the story, and he will tell it himself. Everybody will see what has really gone on here."
Black could not be reached for further comment last night.
ABC's report also said that officials in New York, in addition to Limbaugh's home state of Florida, are handling the probe.
Representatives for New York State Attorney General Eliot Spitzer and the New York State Banking Office said they were not aware of any investigation.
Limbaugh returned to the WABC radio airwaves Monday after checking himself into a painkiller detox program five weeks ago.
Originally published on November 19, 2003
TOPICS: Extended News; News/Current Events
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To: kattracks
This is total witch hunting... Ah well, abc has nothing else going for it.
121
posted on
11/19/2003 9:36:06 PM PST
by
Libertina
("We're not establishing intimacy with these people, we want to crush them." Rush on rats.)
To: Torie
If arrested, Rush should be treated like anyone else. (no commie each according to need...etc.).
FL drug court provides for doing treatment and a dismissal upon completion of treatment. Same as anyone.
Rush should not go to jail. There is no reason and nothing would be served. (unless you are DNC)
To: kattracks
123
posted on
11/20/2003 6:50:44 AM PST
by
Sloth
("I feel like I'm taking crazy pills!" -- Jacobim Mugatu, 'Zoolander')
To: Torie
Amounts under 10,000 must be reported if it is a pattern and practice Ok now define "pattern and practice" in some objective manner - "structuring" is nothing but a word for whether or not you're on a government s-list. As you point out, we proles aren't even supposed to know when we're breaking the law or how to comply with the law. If we ask, we have to be reported to the government.
124
posted on
11/20/2003 4:45:49 PM PST
by
garbanzo
(Free people will set the course of history)
To: garbanzo
Some definitions are indeed subjective, and little more than one knows it when one sees it, and it is up to a jury to decide. Life is complicated.
125
posted on
11/20/2003 7:16:12 PM PST
by
Torie
To: garbanzo
By the way, withdrawing large amounts of cash is not illegal. It depends on how it is used, and since you will be reported to the government, you might have to explain how it is used. Inquiring what the law is that pertains to banks isn't illegal either. You will just be reported. Yes, it has overtones of Big Brother. The reporting of inquiries should be scapped. It just separates out the dumb potential crimbos from the smart ones, or the richer ones, who will just ask their lawyer. I don't think big time drug dealers ask banks what the law is.
126
posted on
11/20/2003 7:20:08 PM PST
by
Torie
To: kattracks
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.
To: greasepaint
If the money was involved in a crime (say, drugs) smurfing is not just a state crime, it's a federal crime.
To: Chancellor Palpatine
If you look at the affidavit in support of the warrant, the thing that jumps out at me is not the level of narcotics he was taking but the amount of acetominophin/tylenol. It's a miracle it didn't shut down his liver and kidneys.
Maybe the Lord is working in mysterious ways to save Rush from himself.
I had a client who did pretty much the same thing, and now gets pretty good relief from liquid methadone and acupuncture. The liquid methadone doesn't have the kind of side effects you get from taking hundreds or thousands of pills with additives. Maybe a morphine pump would be another good thing, I haven't spoken to him in a long time. Of course, if you take methadone, that makes you a "drug addict" and all of a suddent you're a pariah.
Tough to keep your chin up when society turns against you, but maybe Rush can help change that, too.
To: Torie
If "everybody does it" why should we be the only fools? Haven't you always secretly longed to evade income taxes? Haven't you always wondered how it feels to take illegal drugs? Haven't you always lusted in your heart for the spouse of your best friend or your spouse's best friend?
Come on, don't be a square! "Everybody does it!"
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