Denny Hastert indicted (user search)
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  Denny Hastert indicted (search mode)
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Author Topic: Denny Hastert indicted  (Read 8284 times)
NeverAgain
Junior Chimp
*****
Posts: 5,659
United States


« on: May 30, 2015, 04:05:51 PM »

After looking at what how Hastert got arrested (taking out under the 10,000 withdraw limit). Which is legal, but he took out like 3 million in like $9,200 withdrawments. I think that extortion is completely wrong, but Hastert has a right to pay blackmail if he would like to Tongue. I dislike Hastert, and if these allegations are true, then he is a scumbag and an awful person in general, but he technically shouldn't have gotten arrested for withdrawing under the limit that is legally allowed. IMO
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NeverAgain
Junior Chimp
*****
Posts: 5,659
United States


« Reply #1 on: June 02, 2015, 03:24:56 PM »

After looking at what how Hastert got arrested (taking out under the 10,000 withdraw limit). Which is legal, but he took out like 3 million in like $9,200 withdrawments. I think that extortion is completely wrong, but Hastert has a right to pay blackmail if he would like to Tongue. I dislike Hastert, and if these allegations are true, then he is a scumbag and an awful person in general, but he technically shouldn't have gotten arrested for withdrawing under the limit that is legally allowed. IMO
There is no limit for withdrawing your own money. If you want to withdraw a $1,000,000 of your own money all at once, there's no law against that. However, the government will be notified by the bank that things look suspicious. After all, why would somebody do that. The FBI may want to ask you a few questions, but you still haven't broken any laws. Hastert has been indicted because he lied to the FBI about why he was withdrawing the money. That is the issue.
Researched it a bit more, you are correct, the funny part is that this is part of the Patriot Act, which is his baby love.
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