CRIME California man robbed of entire life savings outside bank, reports say
- Thread starter Dennis Olson
- Start date
rob0126
Veteran Member
LOL...
... well welcome to the land of "oz" my firend
Ever hear of the civil asset forfeiture program???
Yep, right here in the new USA. DEA, State Troopers, city cops, IRS, the list goes on and on of those "Gooberment" confiscation squads policing for money.
It's a sweet deal - for the cops. Not so much for law abiders just trying to go about their own personal business.
Deposit $10K or take out 10K in cash (or a series of transaction to soon) and your friendly neighborhood bank files a report with the Feds. Which can get you an audit from those "friendly" folks at the IRS/DHS/DEA/etc.
You see the "gooberment" has decided as part of its War On Drugs, that using cash in significant amounts makes you a drug dealer, because we all know only dishonest people today use cash. It's even been upheld by those black robed idiots we call the SCOTUS.
Not only banks, but as a business owner who frequently receive payment for products or services in cash, such as car dealers, roofers, even down to food trucks, hair stylists and restaurants, must also report any cash transactions exceeding $10,000. By law they have to report it or be in trouble themselves.
Pay cash for a car 10K and up and yep the form must be filed. Pay a roofer $10k for a new roof - yep has to be reported.
It doesn't have to be 10K all at once. It's any combination of transactions from one party over a short period of time that hits the 10K mark, is supposed to trigger the owner to file the Fed form.
As a small business owner who deals in cash, you are at the mercy of the particular IRS agent who smells money. Consider the Dehkos who owned a small grocery store in Fraser, Michigan, a city of less than 15,000.
In 2013 the IRS accused them of structuring their deposits in order to avoid being subject to bank reporting. You see their insurance would only cover them if they had less than a certain amount of cash on hand at any on time in their store. So, being smart business folks when the got close to that amount, they would take cash to the bank and make a deposit. They explained all this to the IRS, but as they often do they smelled money to be confiscated, so they did. They NEVER charged them with a crime, they just took the money. It took the owners going to court, paying lawyers and fighting to get the money back.
IRS Backs Down, Returns Seized Cash To Family Businesses
Think you always have a right to due process? Think again. Under some circumstances, the federal government believes that it has the right to seize your property without notice and without a requirement for a speedy hearing. Taxpayers in Michigan, with the help of the Institute for Justice, are...www.forbes.com
It can happen to anyone with a significant amount of cash on hand when they get stopped or catch the eye of these wonderful agents of the state.
Strange that they picked that particular train and targeted that particular gentleman isn't it?
In certain localities the police specifically look to confiscate money, cars, house ... you name it and they'll steal it.
You're not even safe traveling on a train or plane. Many seem strange, like someone at these agencies are just waiting for a form to come in and then they magically appear, like in this case
Traveling cross state lines to buy an antique car with cash? Don't get stopped by the poooo-lice, because if they find the money there is a good chance they'll confiscated it, never charge you with a crime and the law makes you spend large sums on a lawyer and will drag it out until it'll cost you more to get it back than the amount stolen.
The SCOTUS could have put a stop to this decades ago, but in their "infinite" wisdom as life long appointed final arbitrators they've decided its just fine for the all powerful state to steal its citizen's money and assets with no charges or convictions.
“The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.” – John Adams,
Legalized theft, plain and simple.
Just one more nail in america's coffin, as far as God is concerned.