“He is also charged with ‘structuring’ the withdrawals to avoid reporting requirements under federal law.”
I have a big problem with that law. I can “structure” perfectly legal withdrawals so that I don’t have to do Federal paperwork. If the Feds see the transactions and come asking me what I am doing, I should not have to tell them anything I have broken no laws. I have simply avoided the $10,000 transaction limit and eliminated extra paperwork.
If the Feds ask me why, I should have no obligation to tell them anything. It is none of their business. For them to be able to charge me with “structuring” and “obstruction of justice” is ludicrous.
It’s a legacy from the drug war. Hastert was a big time supporter. No sympathy at all.