Radical Personal Finance cover image

818-How to Protect Yourself from Civil Asset Forfeiture

Radical Personal Finance

00:00

The Patriot Act Eased the War on Cash to a New Level

The patriot act escalated the war on cash to a new level by creating a new crime qote, bulk cash smuggling. This provision applies to punish those who fail to abide by the bank secrecy act. Violators are subject to confiscation of their funds plus a five year prison sentence. Some departments make widespread use of their authority and their,. hate to say rights, ecause they have no despise the use of that term here. But they're, they're legal power to steal money and steal stuff from people.

Play episode from 10:36
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app