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41%  
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Keyword: patriotactworks

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  • Uncle Sam wants you... to explain this $50 cash deposit

    04/27/2005 7:59:32 AM PDT · by PreciousLiberty · 205 replies · 7,747+ views
    arstechnica.com ^ | 4/27/2005 | Hannibal
    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...