IRS Seized $17 Million From Innocent Business Owners Using Asset Forfeiture

“The full scope of the cash seizures—and the overwhelming amount of cases involving innocent people—have not been revealed until now.  The inspector general found money seized and forfeited by the IRS was legally obtained in 91 percent of a sample of 278 structuring investigations it reviewed occurring between fiscal years 2012 and 2014. Altogether, those funds totalled $17.1 million and involved 231 cases.”

Read more: https://reason.com/blog/2017/04/04/irs-seized-17-million-from-innocent-busi

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