Police grab and keep $8,000 from woman in horrific story
Civil forfeiture is becoming more and more of an issue in the United States. Many jurisdictions allow police to simply take money from people, and keep it, even if those who lose the money never are accused of a crime.
Why doesn't the $10,000 limit for suspicious transactions and customs declarations get revised for inflation? It should be $50-60K by now.
Because they want to track every dollar.
Don't you think it is amazing, that while you have a hard time making a 10.000 dollar transaction, these criminals can move millions without so much as a raised eyebrow .....
This teaches us, that the whole Terrorism Financing and Money Laundering thing is meant to keep YOU in check and prevent you from organizing outside the set parameters by the political criminals.
That said: SS-number+ bank-account means you are acting under USA inc jurisdiction.
I agree! Contact your congressperson and bring it up to the staffer, you could also raise awareness in your state.
Did you miss the memo that the potato pedo wants transactions over $600 to be reported? They want access to EVERY transaction- As small biz owners, hubs and i OFTEN suggest service for service with other biz owners. There's your cashless society Klaus!