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#2016819 - 05/28/15 10:26 PM Former Speaker of the House Indicted - Structuring
Elwood P. Dowd Offline
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From now on, when you hand out the FinCEN pamphlet, include a copy of this article.

From 2010 to 2014, Hastert withdrew a total of about $1.7 million in cash from various bank accounts and provided it to a person identified only as Individual A, according to the indictment.

The irony is, the poor man thought he was buying silence... blush
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#2016824 - 05/28/15 10:44 PM Re: Former Speaker of the House Indicted - Structuring Elwood P. Dowd
califgirl Offline
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#2016830 - 05/28/15 11:10 PM Re: Former Speaker of the House Indicted - Structuring Elwood P. Dowd
el guapo Offline
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This has to be the most dumb thing to get in trouble over. So easily avoidable.

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#2016865 - 05/29/15 01:15 PM Re: Former Speaker of the House Indicted - Structuring Elwood P. Dowd
ACBbank Offline
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I'm sure more about the silence he was trying to buy will be coming out in the next few months. I wonder what costs $1.7 mill?
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#2016963 - 05/29/15 03:42 PM Re: Former Speaker of the House Indicted - Structuring ACBbank
Buddy the Elf Offline
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Originally Posted By ACBbank
I'm sure more about the silence he was trying to buy will be coming out in the next few months. I wonder what costs $1.7 mill?


Actually, $3.5 million! He hadn't finished paying before this happened. Wonder what Individual A will do now?
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#2016968 - 05/29/15 03:45 PM Re: Former Speaker of the House Indicted - Structuring Buddy the Elf
Elwood P. Dowd Offline
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Do you think this is the real "A," the character on what my daughter calls "PLL!?" (Pretty Little Liars)

I'll bet $20 that some lowly draftsman of indictments who has teenage daughters is just tickled pink with the idea that "A" got past his or her editors.
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#2017241 - 06/01/15 05:58 AM Re: Former Speaker of the House Indicted - Structuring Elwood P. Dowd
Princess Romeo Offline

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It would appear that "Individual A" is a former male student.

WSJ Article
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#2044384 - 10/15/15 02:55 PM Re: Former Speaker of the House Indicted - Structuring Princess Romeo
Elwood P. Dowd Offline
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Hastert to Plead Guilty

You gotta wonder, if he just withdrew the cash he needed and told the bank "None of your business" when they asked "Why," would it have turned out the same way?

Domestic PEPs are prime targets and structuring is for idiots.
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