Friday, September 27, 2013

Gov't Targets Private Bank Accounts, Seizes Funds Without Charge or Trial

Dees Illustration
Mac Slavo
Activist Post

Do you still keep a hefty portion of your savings in a U.S. bank?

If so you may want to reconsider your options. Because if the following report from the Institute of Justice is any indication, nothing you hold in private bank account is safe anymore.
Can the government use civil forfeiture to take your money when you have done nothing wrong—and then pocket the proceeds? 
The IRS thinks so. 
For over 30 years, Terry Dehko has successfully run a grocery store in Fraser, Mich., with his daughter Sandy. In January 2013, without warning,the federal government used civil forfeiture to seize all of the money from the Dehkos’ store bank account (more than $35,000) even though they’ve done absolutely nothing wrong. 
Their American Dream is now a nightmare. 
Federal civil forfeiture law features an appalling lack of due process: It empowers the government to seize private property from Americans without ever charging, let alone convicting, them of a crime. Perversely, the government then pockets the proceeds while providing no prompt way to get a court to review the seizure.

On September 25, 2013, Terry and Sandy teamed up with the Institute for Justice to fight back in federal court. A victory will vindicate not just their right to be free from abusive forfeiture tactics, but the right of every American not to have their property wrongfully seized by government.

Every year the government of the United States seizes tens of billions of dollars in taxpayer money and redistributes these funds to “black” projects which are often unaccounted for. On September 10th, 2001, for example, Sec. of Defense Donald Rumsfeld admitted that the D.O.D. had lost around $2.3 Trillion. The funds were unaccounted for and any investigation into where they went ended the following day when the office holding the records in question was reportedly destroyed in the Pentagon attack.

No one was held to account. No one went to jail. No one was punished.

Make a suspicious transaction or can’t account for your money as a private citizen, however, and they will seize everything you own and treat you like a financial terrorist.

There are no warrants, no charges, no court proceedings. They just take it. And if you don’t comply, they’ll send an IRS SWAT team through your front door and imprison you.

What’s frightening about the experience of Terry and Sandy Dehko is that just months prior to their seizure of their assets the Internal Revenue Service completed an audit indicating that all of their records were legitimate, and their small business was operating within the guidelines of Federal tax law.

No matter.

When surveillance state flagging algorithms spotted them depositing suspicious amounts of money just below the $10,000 required federal reporting limit into their bank account, a necessity for the Dehkos because their insurance only covered up to $10,000 in losses, they were red flagged by automated monitoring systems as possible money launderers.

Their $35,000 was subsequently seized after the IRS filed a secret warrant (a lot of that going around these days) accusing them of “structuring.” Because of the nature of civil forfeiture laws they now have to fight for their own money and prove their activities were legal. The IRS required no proof whatsoever.

An accusation was enough.

These heavy handed practices will not get any better going forward, especially considering the fiscal state of our nation.

The IRS and other government agencies are booming, hiring on thousands of new employees for enforcement, and arming them with assault weapons and ammunition for those who reuse to comply.

Last year the government took in over $4 billion in forfeiture money. How much of that was from Americans like the Dehkos, who did nothing wrong?

One day soon, they will come for your money, too – and probably a whole lot more.

Do you need any more reason to get out of the banking system, or will you wait until they take everything you’ve worked for?

You can find Mac Slavo's many articles at where this first appeared.

This article may be re-posted in full with attribution.


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Anonymous said...

I'm moving to wait, that won't work. We are a nation ruled by criminals.

Anonymous said...


Anonymous said...

This is the reason i keep only a small amount in my bank account.

Anonymous said...

hmmm well the have also give homeland sec. the right to go through you safty deposit boxes with out a warrant...and take what ever they find,,,money gun,anything of value,,,and not give it back,,,,you would write a executive order maken this ok if u didn't plan on doing it...

Anonymous said...

Publish the names and addresses of these thieves, and this kind of crap will stop immediately.

Anonymous said...

Thank you Mac Slavo, this is an excellent head's up so folks are aware and can better protect their own financial assets. Readers are also encouraged to visit at and look for her July 5, 2013 article entitled, "Think Your Money is Safe in an Insured Bank Account? Think Again."

As Brown reports, the overnight theft of depositor's funds from Cypress banks last summer was a trial run...and some large banks may continue to use this as the template for a 'bail-in'...rather than rely on tax payer funds or later bail outs by the government. As the lead-in asserts, "A trend to shift responsibility for bank losses onto blameless depositors lets banks gamble away your money" and if this ominous warning doesn't give one great pause as well as proactive compulsion to withdraw any significant cache of funds, those assets may be quite vulnerable to this internalized theft. I mean, with such lawlessness now being perpetrated by the far more transparent financial mafia, these are not the times for even a moment of hesitation or complacency.

Anonymous said...

And when they cant find our money in our banks does that mean they then come looking under our collective mattresses? When I saw what happened in Cypress I took out what little I had and only pay my bills through my bank and I don't keep it under my mattress either lol I no longer trust any more thanks to those shameful evil little spawns..

Anonymous said...

There is nothing new here. This has always been the case. Go ahead and take a Chase or Bank of America credit up, wrack up the charges and then default and you'll see what happens. You people have simply not been paying attention. It took a black man in the White House to put it all into context for you. And then some.

Anonymous said...

I agree with Anonymous above. The IRS for civil and criminal purposes has been seizing money and assets in exactly this same fashion for 70 years. These folk were lucky that the IRS hadn't padlocked their front door during the night. These laws have been on the books for 70 years and you folk didn't know? The only part of this article that was worthwhile to read was the part concerning the 9-11 cover up at the Pentagon where records covering the "loss" of $2-3 Trillion dollars were allegedly destroyed. Like the gold bars and other financial assets in the basement of the World Trade Center that were removed by train and went unaccounted, the cover up by the Bush-Cheney Administration of $3 Trillion dollars to the military-industrial complex was theft and fraud.

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