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Corrupt Government
See other Corrupt Government Articles

Title: IRS Keeps $29,000 It Stole From Innocent Dairy Farmer
Source: Activist Post
URL Source: http://www.activistpost.com/2015/08 ... 00-it-stole-from-innocent.html
Published: Aug 5, 2015
Author: Heather Callaghan
Post Date: 2015-08-07 09:23:12 by Deckard
Keywords: None
Views: 7787
Comments: 49

By Heather Callaghan

It's not just raw food or family farmers who come under government attack for the type of wholesome food they sell.

Sometimes it happens simply because the small business deals in cash. After all, credit card companies charge exorbitant fees and many businesses deal in offline transactions. On the road, credit cards slow the whole process down.

Using cash. That's the activity that prompted armed Department of Treasury agents to descend upon Randy Sowers' micro dairy farm. But finding out he was neither a drug dealer nor a terrorist did not lead to the return of his hard-earned wages. Randy believes that the amount of business owners suffering in silence is leading to more abuse.

Institute For Justice highlights the issue of the War on Cash and small business in the video below.


Description:

In February 2012, two government agents came to Randy’s farm. The IRS, they told him, had seized the farm’s entire bank account, containing more than $60,000. When Randy sold milk at farmer’s markets, customers often paid him in cash, and he and his wife, Karen, deposited those cash payments in the account. The government seized the account because the Sowers deposited the cash in amounts under $10,000.
(1 image)

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#1. To: Deckard (#0)

"When Randy sold milk at farmer’s markets, customers often paid him in cash, and he and his wife, Karen, deposited those cash payments in the account. The government seized the account because the Sowers deposited the cash in amounts under $10,000."

The IRS investigation was triggered when he and his wife split a $12,000 deposit — proceeds from a farmer's market.

Why did they do that Deckard? Doesn't that look a tiny bit suspicious?

Take your stupid- ass, sob story, yellow journalism to another forum.

misterwhite  posted on  2015-08-07   9:41:47 ET  Reply   Trace   Private Reply  


#2. To: misterwhite (#1) (Edited)

The IRS investigation was triggered when he and his wife split a $12,000 deposit — proceeds from a farmer's market.

Why did they do that Deckard? Doesn't that look a tiny bit suspicious?

People in this country are not required to have their personal property expropriated on the basis of your, or anybody else's suspicians. There must be solid proof beforehand or it's theft.

Suspicion in this country has become another fancy word euphemisizing sadistic desire to steal.

rlk  posted on  2015-08-07   10:18:55 ET  Reply   Trace   Private Reply  


#3. To: rlk (#2) (Edited)

"People ibn this country are not required to have their personal property expropriated on the basis of your, or anybody else's suspicians."

His personal property was not expropriated on the basis of suspicions. His bank account was seized because he broke the law.

misterwhite  posted on  2015-08-07   10:37:04 ET  Reply   Trace   Private Reply  


#4. To: misterwhite (#1)

The IRS investigation was triggered when he and his wife split a $12,000 deposit — proceeds from a farmer's market.

So fucking what?

Oh let me guess - they were selling drugs, right?

I mean isn't that your fall-back position anytime the government robs innocent citizens?

You are such a frigging authoritarian tool.

“Truth is treason in the empire of lies.” - Ron Paul

In a Cop Culture, the Bill of Rights Doesn’t Amount to Much

Americans who have no experience with, or knowledge of, tyranny believe that only terrorists will experience the unchecked power of the state. They will believe this until it happens to them, or their children, or their friends.
Paul Craig Roberts

Deckard  posted on  2015-08-07   11:07:14 ET  Reply   Trace   Private Reply  


#5. To: misterwhite (#3)

His bank account was seized because he broke the law.

Attaboy!

“Truth is treason in the empire of lies.” - Ron Paul

In a Cop Culture, the Bill of Rights Doesn’t Amount to Much

Americans who have no experience with, or knowledge of, tyranny believe that only terrorists will experience the unchecked power of the state. They will believe this until it happens to them, or their children, or their friends.
Paul Craig Roberts

Deckard  posted on  2015-08-07   11:08:22 ET  Reply   Trace   Private Reply  


#6. To: rlk (#2)

People in this country are not required to have their personal property expropriated on the basis of your, or anybody else's suspicians.

whitey thinks that the government he worships can take anything they want for any reason.

“Truth is treason in the empire of lies.” - Ron Paul

In a Cop Culture, the Bill of Rights Doesn’t Amount to Much

Americans who have no experience with, or knowledge of, tyranny believe that only terrorists will experience the unchecked power of the state. They will believe this until it happens to them, or their children, or their friends.
Paul Craig Roberts

Deckard  posted on  2015-08-07   11:09:38 ET  Reply   Trace   Private Reply  


#7. To: Deckard (#0)

DISGUSTING!

patriot wes  posted on  2015-08-07   13:27:38 ET  Reply   Trace   Private Reply  


#8. To: misterwhite (#3)

His bank account was seized because he broke the law.

What law was he convicted of breaking? The law of suspicion? In some states driving a vehicle with your hands near the top of the steering wheel is grounds for arrest and forfeiture. I've been driving like that for more tha 60 years.

rlk  posted on  2015-08-07   13:49:32 ET  Reply   Trace   Private Reply  


#9. To: Deckard (#4)

"So fucking what?"

It's against the fucking law, that's fucking what.

misterwhite  posted on  2015-08-07   13:50:27 ET  Reply   Trace   Private Reply  


#10. To: rlk (#8)

"What law was he convicted of breaking?"

Structuring -- the act of parceling what would otherwise be a large financial transaction into a series of smaller transactions to avoid scrutiny by regulators or law enforcement.

U.S. Congress enacted section 5324 of Title 31 of the United States Code which says that "No person shall, for the purpose of evading the reporting requirements of section 5313 (a) or 5325, ... structure or assist in structuring, or attempt to structure or assist in structuring, any transaction with one or more domestic financial institutions.

misterwhite  posted on  2015-08-07   13:57:36 ET  Reply   Trace   Private Reply  


#11. To: misterwhite (#10)

"No person shall, for the purpose of evading...

Before the law can be applied, it is incumbent upon the arresting agency or officer to prove evasion. If this is not done, the action is theft.

rlk  posted on  2015-08-07   14:09:20 ET  Reply   Trace   Private Reply  


#12. To: misterwhite, rlk (#3)

His personal property was not expropriated on the basis of suspicions. His bank account was seized because he broke the law.

Yes. It is called structuring. It is against Federal law.

http://law.justia.com/codes/us/2012/title-31/subtitle-iv/chapter-53/subchapter-ii/section-5324/

RECORDS AND REPORTS ON MONETARY INSTRUMENTS TRANSACTIONS - 31 U.S.C. § 5324 (2012)

§5324. Structuring transactions to evade reporting requirement prohibited

(a) Domestic Coin and Currency Transactions Involving Financial Institutions.—No person shall, for the purpose of evading the reporting requirements of section 5313(a) or 5325 or any regulation prescribed under any such section, the reporting or recordkeeping requirements imposed by any order issued under section 5326, or the recordkeeping requirements imposed by any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508—

(1) cause or attempt to cause a domestic financial institution to fail to file a report required under section 5313(a) or 5325 or any regulation prescribed under any such section, to file a report or to maintain a record required by an order issued under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508;

(2) cause or attempt to cause a domestic financial institution to file a report required under section 5313(a) or 5325 or any regulation prescribed under any such section, to file a report or to maintain a record required by any order issued under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 5326, or to maintain a record required pursuant to any regulation prescribed under section 21 of the Federal Deposit Insurance Act or section 123 of Public Law 91–508, that contains a material omission or misstatement of fact; or

(3) structure or assist in structuring, or attempt to structure or assist in structuring, any transaction with one or more domestic financial institutions.

[snip]

http://law.justia.com/codes/us/2012/title-31/subtitle-iv/chapter-53/subchapter-ii/section-5313/

RECORDS AND REPORTS ON MONETARY INSTRUMENTS TRANSACTIONS - 31 U.S.C. § 5313 (2012)

§5313. Reports on domestic coins and currency transactions

(a) When a domestic financial institution is involved in a transaction for the payment, receipt, or transfer of United States coins or currency (or other monetary instruments the Secretary of the Treasury prescribes), in an amount, denomination, or amount and denomination, or under circumstances the Secretary prescribes by regulation, the institution and any other participant in the transaction the Secretary may prescribe shall file a report on the transaction at the time and in the way the Secretary prescribes. A participant acting for another person shall make the report as the agent or bailee of the person and identify the person for whom the transaction is being made.

(b) The Secretary may designate a domestic financial institution as an agent of the United States Government to receive a report under this section. However, the Secretary may designate a domestic financial institution that is not insured, chartered, examined, or registered as a domestic financial institution only if the institution consents. The Secretary may suspend or revoke a designation for a violation of this subchapter or a regulation under this subchapter (except a violation of section 5315 of this title or a regulation prescribed under section 5315), section 411 1 of the National Housing Act (12 U.S.C. 1730d), or section 21 of the Federal Deposit Insurance Act (12 U.S.C. 1829b).

[snip]

nolu chan  posted on  2015-08-07   14:29:36 ET  Reply   Trace   Private Reply  


#13. To: rlk, misterwhite (#11)

Before the law can be applied, it is incumbent upon the arresting agency or officer to prove evasion. If this is not done, the action is theft.

http://law.justia.com/codes/us/2012/title-31/subtitle-iv/chapter-53/subchapter-ii/section-5317/

RECORDS AND REPORTS ON MONETARY INSTRUMENTS TRANSACTIONS - 31 U.S.C. § 5317 (2012)

§5317. Search and forfeiture of monetary instruments

(a) The Secretary of the Treasury may apply to a court of competent jurisdiction for a search warrant when the Secretary reasonably believes a monetary instrument is being transported and a report on the instrument under section 5316 of this title has not been filed or contains a material omission or misstatement. The Secretary shall include a statement of information in support of the warrant. On a showing of probable cause, the court may issue a search warrant for a designated person or a designated or described place or physical object. This subsection does not affect the authority of the Secretary under another law.

(b) Searches at Border.—For purposes of ensuring compliance with the requirements of section 5316, a customs officer may stop and search, at the border and without a search warrant, any vehicle, vessel, aircraft, or other conveyance, any envelope or other container, and any person entering or departing from the United States.

(c) Forfeiture.—

(1) Criminal forfeiture.—

(A) In general.—The court in imposing sentence for any violation of section 5313, 5316, or 5324 of this title, or any conspiracy to commit such violation, shall order the defendant to forfeit all property, real or personal, involved in the offense and any property traceable thereto.

(B) Procedure.—Forfeitures under this paragraph shall be governed by the procedures established in section 413 of the Controlled Substances Act.

(2) Civil forfeiture.—Any property involved in a violation of section 5313, 5316, or 5324 of this title, or any conspiracy to commit any such violation, and any property traceable to any such violation or conspiracy, may be seized and forfeited to the United States in accordance with the procedures governing civil forfeitures in money laundering cases pursuant to section 981(a)(1)(A) of title 18, United States Code.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 998; Pub. L. 98–473, title II, §901(d), Oct. 12, 1984, 98 Stat. 2135; Pub. L. 99–570, title I, §1355, Oct. 27, 1986, 100 Stat. 3207–22; Pub. L. 102–550, title XV, §1525(c)(2), Oct. 28, 1992, 106 Stat. 4065; Pub. L. 107–56, title III, §§365(b)(2)(B), 372(a), Oct. 26, 2001, 115 Stat. 335, 338.)

nolu chan  posted on  2015-08-07   14:38:11 ET  Reply   Trace   Private Reply  


#14. To: nolu chan, rlk, patriot wes (#12)

Yes. It is called structuring. It is against Federal law.

These folks are not drug dealers, mafia or terrorists. They are family farmers, who do business almost exclusively in cash.

There is no reason for them to engage in "structuring".

Just like numerous other business owners who have had their money stolen from them by government thieves, these people are innocent of any wrong doing, despite your long-winded cut-and-paste bullshit.

“Truth is treason in the empire of lies.” - Ron Paul

In a Cop Culture, the Bill of Rights Doesn’t Amount to Much

Americans who have no experience with, or knowledge of, tyranny believe that only terrorists will experience the unchecked power of the state. They will believe this until it happens to them, or their children, or their friends.
Paul Craig Roberts

Deckard  posted on  2015-08-07   15:08:42 ET  Reply   Trace   Private Reply  


#15. To: misterwhite (#10)

Meanwhile, John Corzine still hasn't spent one day behind bars.

Dead Culture Watch  posted on  2015-08-07   15:32:45 ET  Reply   Trace   Private Reply  


#16. To: Dead Culture Watch (#15)

"Meanwhile, John Corzine still hasn't spent one day behind bars."

Given that he hasn't been charged with a crime much less convicted of one, I don't see why he would.

misterwhite  posted on  2015-08-07   16:10:15 ET  Reply   Trace   Private Reply  


#17. To: Deckard (#14)

These folks are not drug dealers, mafia or terrorists. They are family farmers, who do business almost exclusively in cash.

And they structured the deposits to avoid the reporting requirements and the IRS seized their money in accordance with Federal law. I'm not a big fan of that law, but it does exist.

Sowers signed the settlement agreement to the effect that the government had reason to seize his funds. Pursuant to the settlement agreement, the government kept 10% or $29,522 of the $295,220 in alleged structured deposits.

nolu chan  posted on  2015-08-07   17:28:47 ET  Reply   Trace   Private Reply  


#18. To: nolu chan (#17)

And they structured the deposits to avoid the reporting requirements and the IRS seized their money in accordance with Federal law.

What do you do to the bank teller who suggested he do this so she could avoid additional paperwork filing requirements?

p.s. I did this one time on a personal loan I took from a friend. When I paid him back I wrote two checks about one month apart. I don't recall if they were in the same sequence number or not. Knowing me, they probably weren't. Was that illegal?

Fred Mertz  posted on  2015-08-07   17:36:31 ET  Reply   Trace   Private Reply  


#19. To: Fred Mertz (#18)

"What do you do to the bank teller who suggested he do this so she could avoid additional paperwork filing requirements?"

I don't think she told him. I think he's lying.

And trying to make the teller complicit is pretty low. Lower than pond scum.

misterwhite  posted on  2015-08-07   19:51:21 ET  Reply   Trace   Private Reply  


#20. To: Fred Mertz (#18)

"Was that illegal?"

For paying back 50 bucks? Nah. Don't worry about it.

misterwhite  posted on  2015-08-07   19:52:20 ET  Reply   Trace   Private Reply  


#21. To: nolu chan (#17)

Sowers signed the settlement agreement to the effect that the government had reason to seize his funds. Pursuant to the settlement agreement, the government kept 10% or $29,522 of the $295,220 in alleged structured deposits.

Sowers succumbed to legal blackmail. The thieves knew they were wrong and had no evidence of criminality, but if he didn't sign papers relieving the thieves of responsibility, he'd need to hire expensive lawyers to represent him in a biased administrative court that would delay releasing his funds for so long he'd never live long enough to see a dime and would have been put out of business. They offered him a deal where they could pocket three hundred grand and become gold star mothers. A triumph of the rule of law.

rlk  posted on  2015-08-07   20:39:02 ET  Reply   Trace   Private Reply  


#22. To: nolu chan (#17)

And they structured the deposits to avoid the reporting requirements and the IRS seized their money in accordance with Federal law

The law was not enacted in order to prosecute innocent people like the good folks in the article who had tens of thousands of dollars stolen from them.

Just another example of the war on drugs/terror used against innocent American citizens.

“Truth is treason in the empire of lies.” - Ron Paul

In a Cop Culture, the Bill of Rights Doesn’t Amount to Much

Americans who have no experience with, or knowledge of, tyranny believe that only terrorists will experience the unchecked power of the state. They will believe this until it happens to them, or their children, or their friends.
Paul Craig Roberts

Deckard  posted on  2015-08-07   20:52:49 ET  Reply   Trace   Private Reply  


#23. To: Deckard (#22)

The law was not enacted in order to prosecute innocent people like the good folks in the article who had tens of thousands of dollars stolen from them.

How sure are you? There was no prosecution because there was no evidence against them. Under the law, you don't need evidence, just suspicion or fantasy by hostile morons ready to stomp into people's lives.

rlk  posted on  2015-08-07   21:13:18 ET  Reply   Trace   Private Reply  


#24. To: misterwhite (#19)

I don't think she told him. I think he's lying.

I think she did and I think that you're lower than whale shiite.

Fred Mertz  posted on  2015-08-07   21:27:38 ET  Reply   Trace   Private Reply  


#25. To: misterwhite, Fred Mertz (#19) (Edited)

I think he's lying.

Yeah - everyone is lying except the bank and the IRS.

And trying to make the teller complicit is pretty low.

Seems to me that if in fact the teller did suggest it, that wold make the teller lower than pond scum.

It's possible that she gets a cut of the stolen loot by helping the IRS.

“Truth is treason in the empire of lies.” - Ron Paul

In a Cop Culture, the Bill of Rights Doesn’t Amount to Much

Americans who have no experience with, or knowledge of, tyranny believe that only terrorists will experience the unchecked power of the state. They will believe this until it happens to them, or their children, or their friends.
Paul Craig Roberts

Deckard  posted on  2015-08-07   22:36:53 ET  Reply   Trace   Private Reply  


#26. To: rlk (#23)

How sure are you?

As I understand it, the law was designed to catch bad guy terrorists and criminal money launderers.

Of course the banks themselves have been complicit in laundering money for drug cartels.

You never see them being punished for that, do you?

“Truth is treason in the empire of lies.” - Ron Paul

In a Cop Culture, the Bill of Rights Doesn’t Amount to Much

Americans who have no experience with, or knowledge of, tyranny believe that only terrorists will experience the unchecked power of the state. They will believe this until it happens to them, or their children, or their friends.
Paul Craig Roberts

Deckard  posted on  2015-08-07   22:41:16 ET  Reply   Trace   Private Reply  


#27. To: Deckard (#25)

It's possible that she gets a cut of the stolen loot by helping the IRS.

I really doubt that.

A friend of mine owned a bar for many years. Cash only. He got audited once and paid through the nose to the IRS - I think it was about $25,000 or so.

Fred Mertz  posted on  2015-08-07   22:43:51 ET  Reply   Trace   Private Reply  


#28. To: Deckard (#22)

The law was not enacted in order to prosecute innocent people like the good folks in the article who had tens of thousands of dollars stolen from them.

Randy structured $295,220.

When Randy sold milk at farmer’s markets, customers often paid him in cash, and he and his wife, Karen, deposited those cash payments in the account.

I just can't understand why he did not fight that in court.

nolu chan  posted on  2015-08-08   1:48:21 ET  Reply   Trace   Private Reply  


#29. To: misterwhite (#16)

Given that he hasn't been charged with a crime much less convicted of one, I don't see why he would.

That's the point.

He ripped off thousands of people for many millions, yet, because he's connected, magically nothing happens to him.

Dead Culture Watch  posted on  2015-08-08   1:50:26 ET  Reply   Trace   Private Reply  


#30. To: Dead Culture Watch (#29)

"He ripped off thousands of people for many millions"

So you say.

The nameplate in front reads, "The (Dis)Honorable Dead Culture Watch"

misterwhite  posted on  2015-08-08   9:10:03 ET  (1 image) Reply   Trace   Private Reply  


#31. To: rlk (#21)

"The thieves knew they were wrong and had no evidence of criminality"

They have deposit slips showing that he intended to hide the $12,000 from the federal government by splitting it into two deposits.

That's called "evidence of criminality".

misterwhite  posted on  2015-08-08   9:16:28 ET  Reply   Trace   Private Reply  


#32. To: nolu chan (#28)

"I just can't understand why he did not fight that in court."

I can't understand why he just didn't deposit the money as he received it -- even if it was over $10,000. The money was legitimate. I assume he paid taxes on it (the article didn't say he tried to avoid them).

misterwhite  posted on  2015-08-08   9:23:35 ET  Reply   Trace   Private Reply  


#33. To: Dead Culture Watch, misterwhite (#29)

Given that he hasn't been charged with a crime much less convicted of one, I don't see why he would.

That's the point.

He ripped off thousands of people for many millions, yet, because he's connected, magically nothing happens to him.

MF Global Employees Gave Big to Democrats Until the End

by Seth Cline on November 3, 2011

 Brokerage firm MF Global filed for bankruptcy earlier this week, in what will likely be one of the ten largest bankruptcies ever, the Wall Street Journal reported. But before its collapse, MF Global’s employees gave generously to politicians at the federal level — and almost all of that campaign cash benefited Democrats once former New Jersey Gov. Jon Corzine became chief executive of the company.

According to research by the Center for Responsive Politics, MF Global employees have contributed $408,000 to federal candidates and political parties since 2007. That sum includes $38,000 in donations to President Barack Obama, who is the largest recipient of MF Global employee contributions.

During the 2008 election cycle (the last full cycle before Corzine joined the company), Democrats received 68 percent of MF Global employees’ total contributions. But after Corzine joined in 2010, employee contributions shifted even further to the left: A full 97 percent of MF Global-related campaign contributions benefited Democrats during the 2010 cycle. Democrats had maintained that advantage this year, as well, collecting about 94 percent of MF Global employee donations through June.

It’s worth noting that Corzine is himself a major Democratic contributor and ardent Obama supporter. Indeed, Corzine’s own penchant for donating to Democrats is in large part responsible for the left-ward shift in the company’s overall employee giving.

The former Garden State governor and his spouses (Corzine is currently married and has divorced once) have given more than $917,000 to federal campaigns and political parties during the last two decades.

Corzine and his spouses accounted for $101,000 of all MF Global employee contributions during the 2010 election cycle and $53,000 of donations occurring this year. All of those contributions benefited Democrats.

Below is a chart that shows MF Global’s employee contributions to federal-level political candidates and parties, from January of 2007 through September of 2011.

A known supporter of Obama, Corzine also fund-raised for the president during his 2008 presidential run and has tapped his moneyed connections to bundle upwards of $500,000 so far for Obama’s 2012 run.

Meanwhile, only one Republican candidate has received a contribution worth more than $200 from an MF Global employee this year: former governor of Massachusetts and current presidential hopeful Mitt Romney, who received $2,500.

Democratic candidates, meanwhile, constitute eight of the ten biggest beneficiaries of MF Global-related campaign cash since 2008. Company employees have driven totals of $15,000 or more to Hillary Clinton (during her 2008 presidential campaign), Rep. Rush Holt (D-N.J.), then-Rep. Rahm Emanuel (D-Ill.) and former Sen. Chris Dodd (D-Conn.).

Employees have also sent a significant sum to party committees, particularly the Democratic National Committee, which has received $121,000 since 2008; about $93,000 of that sum has come just this year. Other Democratic committees have received an additional $45,000 and the Republican National Committee has received $22,000.

Indeed, MF Global employees contributed until the end, giving a total of $142,000 this year alone — the highest annual sum since the company split from Man Group in 2007. That stands in stark contrast to its lobbying spending, which fell sharply after 2007 and each year since, as OpenSecrets Blog previously reported.

To see the full list of MF Global employees’ political contributions, click here: http://bit.ly/sRXi3x

“Let me see which pig "DON'T" I want to vote for, the one with or without lipstick??" Hmmmmm...

CZ82  posted on  2015-08-08   9:44:24 ET  (1 image) Reply   Trace   Private Reply  


#34. To: CZ82 (#33)

So you see a connection between employee campaign contributions to Democrats and Jon Corzine personally ripping off investors.

misterwhite  posted on  2015-08-08   10:13:58 ET  Reply   Trace   Private Reply  


#35. To: misterwhite, Dead Culture Watch (#34)

So you see a connection between employee campaign contributions to Democrats and Jon Corzine personally ripping off investors.

So I don't see a connection between employee campaign contributions to Democrats and why John Corzine wasn't prosecuted by the Democrat ran Justice Department for personally ripping off investors.

There fixed it for you...

“Let me see which pig "DON'T" I want to vote for, the one with or without lipstick??" Hmmmmm...

CZ82  posted on  2015-08-08   10:20:39 ET  Reply   Trace   Private Reply  


#36. To: CZ82, Dead Culture Watch (#35)

"So I don't see a connection between employee campaign contributions to Democrats and why John Corzine wasn't prosecuted by the Democrat ran Justice Department for personally ripping off investors."

So, like Dead Culture Watch, you simply threw it in there to f**k up a thread about some dairy farmer.

You got a hard-on for MF Global, why don't you start another thread?

misterwhite  posted on  2015-08-08   10:33:45 ET  Reply   Trace   Private Reply  


#37. To: Fred Mertz (#24)

"I think she did"

She knows the banking law better than he does, meaning she knows she's just as culpable if she helps him.

"No person shall, for the purpose of evading the reporting requirements of section 5313 (a) or 5325, ... structure or assist in structuring, or attempt to structure or assist in structuring, any transaction with ..."

She wasn't charged.

misterwhite  posted on  2015-08-08   11:04:20 ET  Reply   Trace   Private Reply  


#38. To: misterwhite (#32)

I can't understand why he just didn't deposit the money as he received it -- even if it was over $10,000. The money was legitimate. I assume he paid taxes on it (the article didn't say he tried to avoid them).

If all the money was legitimate, declared, and taxes paid.

The article above did not tell of the settlement agreement or the $295,000 deposited. It also appears that a warrant for the seizure was obtained, and that Sowers gave conflicting explanations of how the deposits just happened to be less than $10,001 each.

I can't say what Sowers did or did not do, but the activist.com article above deliberately left out relevant information to present a one-sided account.

http://www.fredericknewspost.com/archive/article_aa794526-b48a-5c15-b4d4-d105827b0964.html

Creamery settles dispute with feds

Documents: Government to return more than half of $62,936 seized

Posted: Thursday, May 31, 2012 12:00 am
Courtney Mabeus News-Post Staff

[excerpt]

The Sowerses have owned a farm off Bolivar Road in Middletown for more than three decades and have operated it as the South Mountain Creamery since 2001. They have maintained their innocence and said they learned what structuring was only when Treasury Department officials showed up at the farm in late February to question them about the deposits.

The couple deal with a lot of cash at farmers markets, they said, and the deposits totaled similar amounts every time.

"They didn't know there was a law against that," David Watt, the Sowerses' lawyer, said Wednesday. "They thought it was simply paperwork."

According to Rosenstein's complaint, filed April 19, the couple deposited more than $295,000 into a PNC Bank account in about three dozen separate transactions of just under $10,000 each from May 6, 2011, though Feb. 27, 2012. During that time, the couple's cash receipts from farmers markets, including two in Baltimore, totaled more than $320,000.

U.S. District Judge William Quarles signed a final order of forfeiture Wednesday.

http://overlawyered.com/2012/04/update-baltimore-city-paper-on-south-mountain-creamery-case/

Update: Baltimore City Paper on South Mountain Creamery case

By Walter Olson
April 21, 2012

Van Smith with the City Paper in Baltimore (where South Mountain Creamery is a farmer’s-market fixture) reported on Wednesday and again on Friday on the “structuring” charges and forfeiture action against dairy farmers Randy and Karen Sowers (see yesterday’s post).

A few highlights:

On Wednesday, Smith reported that Sowers said in an interview that “he deposited the cash he’d made in the increments in which it had been earned. If the deposited amounts often ended up being a little under $10,001, he explained, that’s just the way it worked out and he [had] no intention of breaking the law.”

On the other hand, according to Smith’s summary of the federal complaint yesterday, Sowers is said to have told federal investigators during a February 29 interview “that ‘during the farmers’ market “season,” his weekly cash receipts were on the order of $12,000 to $14,000,’ yet ‘he kept his cash deposits under $10,000 intentionally so as not to “throw up red flags.” ‘He also told the agents that ‘he was advised by a teller at the bank that the deposit of more than $10,000 in cash would lead to the filing of a form, and that he decided from that point forward not to make deposits in excess of $10,000,’ according to the complaint.”

[snip]

http://www.citypaper.com/bcp-cms-1-1301518-migrated-story-cp-20120418-mobs-20120418-story.html#page=1

South Mountain Creamery's bank account seized as part of money-laundering crackdown

By Van Smith

April 18, 2012

South Mountain Creamery, the Frederick County dairy farm and food-distribution company, is a fixture of Baltimore-area farmers markets, particularly the Waverly market on Saturdays or the one on Sundays, downtown under the Jones Falls Expressway. South Mountain co-owner Randy Sowers is now in the hot seat with the feds, because in late February, the Internal Revenue Service’s Criminal Investigations Division (IRS-CID) used a federal anti-money-laundering statute to seize the contents of a PNC bank account Sowers says was the depository of cash earned by his company’s farmers-market business.

Sowers has not been charged with a crime, and says he expects to learn soon whether or not he will be. As for getting his money back—nearly $70,000, a fraction of the nearly quarter-million dollars in cash deposits the feds say Sowers laundered between May and December last year—well, based on the experiences of others in his position, he’ll likely not see it again, at least not all of it.

Baltimore County Police officer Michael Aiosa, who has been detailed as an IRS-CID task-force member since October 2010, signed the six-page affidavit used to get the seizure warrant to empty the account, of which Sowers and his daughter-in-law, Karen Sowers, are co-signatories. The affidavit says cash deposits were broken down into increments of under $10,001 each, causing PNC to not generate required “currency transaction reports” (CTRs) that financial institutions must file with regulators when they receive or disburse more than $10,000 in a single cash transaction. Under 31 U.S.C. 5324, federal law prohibits such conduct, which is called “structuring.”

Sowers, who did not seek publicity about his predicament but spoke to a reporter after the search warrant in the court records came to City Paper’s attention, says he deposited the cash he’d made in the increments in which it had been earned. If the deposited amounts often ended up being a little under $10,001, he explained, that’s just the way it worked out and he no intention of breaking the law.

“We had no idea there was supposedly a law against it—we were just doing it the way we figured we were supposed to, making deposits every week,” Sowers explains. “We weren’t laundering money,” he adds. “We’re farmers, we struggle every day to pay bills. We don’t know what else to do. Now we just feel like putting [our cash] in a can somewhere.”

Sowers’ attorney, David Watt, says his client “probably shouldn’t have said anything” when contacted by City Paper, and declined to comment further, saying, “We don’t want to act like we’re trying to influence the goings-on” by talking with the press.

[snip]

nolu chan  posted on  2015-08-08   16:33:20 ET  Reply   Trace   Private Reply  


#39. To: misterwhite (#1)

The IRS investigation was triggered when he and his wife split a $12,000 deposit

What is "Structuring", for 9999.99 Jack?

VxH  posted on  2015-08-10   7:41:22 ET  Reply   Trace   Private Reply  


#40. To: misterwhite (#37) (Edited)

structure or assist in structuring,

Funny how rules like that don't exist for the Banksters who facilitate the "structuring" of municipal infrastructure.

Too big to rail I guess.

www.google.com/search? q=Denver+Mayor+Best+man+indicted

Where's the SAR, Chickenlooper 1stFans?

VxH  posted on  2015-08-10   7:43:44 ET  Reply   Trace   Private Reply  


#41. To: misterwhite, Dead Culture Watch (#36)

Hypocrisy: Is the claim or pretense of holding beliefs, feelings, standards, qualities, opinions, behaviors, virtues, motivations, or other characteristics that one does not actually hold. Hypocrisy is not simply failing to practice those virtues that one preaches.

“Let me see which pig "DON'T" I want to vote for, the one with or without lipstick??" Hmmmmm...

CZ82  posted on  2015-08-10   8:17:44 ET  Reply   Trace   Private Reply  


#42. To: VxH (#40)

"Funny how rules like that don't exist for the Banksters who facilitate the "structuring" of municipal infrastructure."

You're right. The DA refused to charge him with "structuring".

He did, however, charge him with two counts of "bribery".

misterwhite  posted on  2015-08-10   11:00:49 ET  Reply   Trace   Private Reply  


#43. To: CZ82 (#41)

You got a hard-on for MF Global, start another thread.

misterwhite  posted on  2015-08-10   11:01:52 ET  Reply   Trace   Private Reply  


#44. To: misterwhite (#43)

Hypocrisy: Is the claim or pretense of holding beliefs, feelings, standards, qualities, opinions, behaviors, virtues, motivations, or other characteristics that one does not actually hold. Hypocrisy is not simply failing to practice those virtues that one preaches.

“Let me see which pig "DON'T" I want to vote for, the one with or without lipstick??" Hmmmmm...

CZ82  posted on  2015-08-11   18:41:14 ET  Reply   Trace   Private Reply  


#45. To: CZ82, misterwhite (#44)

misterwhite once said John Corzine wasn't charged because he broke no laws.

When I mentioned Sarbannes Oxley, he ran away from the thread. He will NEVER admit the department of just us is corrupted to the bone. And, since he has been one sites like these for years, and read the truth, one can only surmise he's a liar.

Dead Culture Watch  posted on  2015-08-11   19:58:55 ET  Reply   Trace   Private Reply  


#46. To: Dead Culture Watch (#45)

"misterwhite once said John Corzine wasn't charged because he broke no laws."

Not that you can prove that. Liar.

I said he wasn't behind bars because he wasn't charged with any crime, much less convicted.

You, on the other hand, would rather not bother with the U.S. Constitution. YOU think he's guily, therefore he should go to jail. Period.

I'll take our "corrupt" justice system over your dictatorship any day of the week.

misterwhite  posted on  2015-08-12   9:19:18 ET  Reply   Trace   Private Reply  


#47. To: misterwhite (#46)

It's cut and dried worm, he did break laws.

I was at the first ever international Sox awards, so GFY

Dead Culture Watch  posted on  2015-08-12   16:48:41 ET  Reply   Trace   Private Reply  


#48. To: Dead Culture Watch (#47)

"he did break laws."

Because you said so. Go away, lightweight.

misterwhite  posted on  2015-08-12   18:56:16 ET  Reply   Trace   Private Reply  


#49. To: Dead Culture Watch (#15)

neither is Barney Frank, Chris Dodd, Hillary, Obama, Eric Holder......

patriot wes  posted on  2015-08-16   13:39:57 ET  Reply   Trace   Private Reply  


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