Ken Quran runs a convenience store in Greenville, N.C., and makes frequent cash deposits into his bank account. But in 2014, he woke up one day to see the nest egg he’d worked so hard to earn disappear in a flash.
He discovered that the IRS took $153,907.99 out of his bank account, though he wasn’t, and still hasn’t, even been charged with any wrongdoing.
How can the IRS even act as if it has the authority to simply steal money to which it has no claim?
In this case, Quran fell victim to a particular piece of insidious legislation aimed, in government parlance, at “curbing money laundering.”
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