ForbesIRS Seizes Over $100000 From Innocent Small Business Owner, Despite ...ForbesWielding a banking law intended to thwart drug trafficking and money laundering, the IRS has a new target in its sights: a rural convenience store that sells catfish sandwiches. Lyndon McLellan lost over $107,000 in an IRS raid after the agency seized ...and more »
Huntington Herald DispatchBarboursville, WV pharmacy owner to forfeit Lexus, home and $2.3 million after ...State JournalA Cabell County, WV pharmacy owner will forfeit $2.3 million as well as his Lexus and his home in Barboursville after admitting to violating federal banking laws. U.S. Attorney Booth Goodwin said Kofi Ohene Agyekum, 37, the former owner and […]
Financial TimesHypo Alpe Adria collapse set to test rules on bank failuresFinancial Times“The issue goes beyond mere banking law,” his colleague Wolfgang Lafite adds, describing it as a constitutional law issue around the right to property — the property in this case being the protection of a guarantee. The most complicated case is the €9 […]
New VisionExpedite agency banking law – Sudhir urges govtNew VisionThe Crane Bank board chairman, Sudhir Ruparelia has asked the government to expedite the agency banking law, currently on the floor of Parliament, to enable banks interface with the unbanked population at a low cost. Sudhir was speaking at celebrations ...