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Thank you, it sounds like you have some insight about the process. I'm aware of structuring, but I don't think most people are. I've heard about it only once
by RandomBacon 6y ago
Thank you, it sounds like you have some insight about the process.
I'm aware of structuring, but I don't think most people are. I've heard about it only once in the news where a store owner had his money seized because he was trying to avoid depositing more than $10,000 at a time, over a long time period.
IIRC, this was the case: https://www.forbes.com/sites/instituteforjustice/2015/05/05/irs-seizes-over-100000-from-innocent-small-business-owner-despite-promise-to-end-raids/ https://www.forbes.com/sites/instituteforjustice/2015/05/05/...
- thephyber 6y agoRe: structuring, the most famous example I know of is Dennis Hastert[1]. [1] https://en.wikipedia.org/wiki/Dennis_Hastert#Indictment https://en.wikipedia.org/wiki/Dennis_Hastert#Indictment