An Alabama convenience store owner (of Maldi Ma Inc dba Palmer’s Quick Stop) has requested a jury trial in the civil action for forfeiture in rem against his defendant property, approximately $107,000, seized from his business account. The US Secret Service…
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They can take your money if you put it in a bank, too.
Tagged with: $107000, 10000, 3000, Alabama, civil forfeiture, CTR, Currency Reporting, FFIEC, Fincen, Money Laundering, Patel, The Federal Financial Institutions Examination Council, US Secret Service, Vijaykuma Patel
Posted in federal
Posted in federal
FinCEN has announced that it is considering new regulations that could imperil the assets of millions of Americans
The Financial Crimes Enforcement Network (FinCEN) has announced that it is considering requiring disclosure rules that could effect millions of Americans. The scariest proposal is that would require financial institutions to require disclosure from “all entities that are established or organized under…
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Tagged with: Chapter 31, civil forfeiture, Criminal Forfeiture, Failure to report, Fincen, Prepaid, prepaid phone, reporting requirements
Posted in federal
Posted in federal
