
“The family’s nightmare started in May 2013, when eight armed IRS agents descended on the bakery and began asking questions about a series of under-$10,000 cash deposits (the bakery was a cash-only business). The agents informed the Vocaturas they had seized the bakery’s entire bank account. When IJ met the Vocaturas, they had almost given up hope. Federal prosecutors and the IRS had been hounding the family for years, first seizing over $68,000 and then threatening the Vocaturas with additional forfeitures and time in prison—all because of how they deposited money in the bank.”
http://ij.org/ll/august-2016-volume-25-issue-4/ij-bakes-fresh-forfeiture-victory-connecticut/
Related posts:
Canada Wants to Join the Government Stupidity Contest
Homeland Security suffers data leak on 240,000 employees
How Hackers Will Help Build a Libertarian 21st Century
Warrantless cellphone location tracking is illegal, US circuit court rules
Canadian Government to Divest ‘MintChip’ Digital Currency Program
Developer warns: Take Twitter “write access” at your own risk
Top 20 Hollywood Donors Have Already Shelled Out $1.45 Million To Parties in 2013
Bitcoin Soars Above $600: Rises 20% In One Day Ahead Of Senate Hearing
NY Senate passes bill making 'annoying' police a crime
Startup Cities To Become Reality
California Approves $10 Minimum Wage; What Will Become Automated Now?
Kris Henriksen, Founder & CEO - BIPS
Jury Nullifies Charge Against Pot Grower Who Shot and Killed a Cop
Get Your Money Out: “All Legal Bank Deposit Protections Are Now Officially Gone”
A Massage Parlour Owner Explains How Bitcoin Will Help Attract Clients