It appears that 60 wealthy clients structured withdrawals from their own accounts aggregating more than $10,000, drawing checks in amounts less than $10,000 on consecutive days, thus avoiding reporting. This could constitute the federal crime of "structuring" and the money police insist, should have triggered reports of suspicious activity by the bank.All of us are criminals. There are so many laws, so subjective, so intrusive, that it is impossible to brush our teeth without breaking a dozen of laws or regulations.
I hope one day conservatives will wake up and remember Ronald Reagan's words:
Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other.I hear some conservatives claim that the intrusive War on Drugs and Patriot Act are for them not for us
Now that one of us is being pilloried, I hope we will realize that we need fewer laws, not more laws.
You realize that Ronald Reagan was the one who gave us the "anti-structuring" law?