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The Kwon case demonstrates that the government doesn’t have to prove squat. They’ll keep your money and bleed you in court till you fold.
by valuearb 9y ago
The Kwon case demonstrates that the government doesn’t have to prove squat. They’ll keep your money and bleed you in court till you fold.
- jmcmichael 9y agoAccording to an article in the Washington Post[1], the Kwon case resulted in an outcry that caused Congress to change its guidelines, adding the additional requirement that the IRS must show the money in question are the profits of criminal activity. That Kwon hasn't yet received his money back appears to be a bureaucratic problem, not statutory. Even given all of this, the Kwon case has more to do with the tax court than it does the Federal criminal courts. I do believe that money laundering laws as currently written are often abused, however I don't think the Kwon case demonstrates what you assert. [1] https://www.washingtonpost.com/local/the-irs-seized-59000-from-a-gas-station-owner-they-still-refuse-to-give-it-back/2017/10/16/57828500-b296-11e7-be94-fabb0f1e9ffb_story.html https://www.washingtonpost.com/local/the-irs-seized-59000-fr...