Article 2K3JH The IRS deliberately targeted innocents for civil forfeiture program that stole millions from Americans

The IRS deliberately targeted innocents for civil forfeiture program that stole millions from Americans

by
Cory Doctorow
from on (#2K3JH)

IRS.jpg

Banks have to report deposits of $10,000 or more to the IRS, so some fraudsters "structure" their transactions as a string of sub-$10K payments that escape the regulatory requirement. Structuring is also illegal, and the IRS has the power to seize funds that the agency believes were part of a structuring scheme, under the discredited "civil fofeiture" process through which an inanimate object is sued for being the proceeds of a crime, and then the owner of that object has to prove that the object is "innocent." (more")

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