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News Link • Government

WHOA! Gov Targets Private Bank Accounts...

•, Mac Slavo
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.

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