Family business bank account seized due to too many small cash deposits!?

Unbelievable story !!!

Company bank account for father and daughter run grocery store (business open for over 30 years) seized by Feds in January.

No criminal charges have ever been filed but the reasoning for the forfeiture of their assets appears to be that this cash business deposited cash too often in their bank account.

Apparently, when this happens there is not much you can do as you aren’t given the option of stating your case:

Source: keiser Report

One thought on “Family business bank account seized due to too many small cash deposits!?

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