Could Shafik Brown Really be This Stupid? Attention, IRS CID (Criminal Investigation Division): An Alleged Possible Case of Structuring?

“Structuring” according to the IRS, is illegal. Structuring transactions to evade BSA (Bank Security Act) reporting is when someone sets up a transaction to not exceed $10,000 in an attempt to evade reporting the transaction to the IRS. The law states that if the same payer makes two or more transactions of more than $10,000 in a 24-hour period, the business must treat the transactions as one transaction and report the payments. These laws are part of the BSA. Take a look at how the IRS defines structuring (click on the image to render it larger to read more easily):

Could Shafik Brown really be this stupid? After you read the above definition of structuring, take a look below at a number of checks written by the same payer (Shafik Brown, it’s hard to recognize his signature) from one bank account over the course of a day. All of them are under $10,000. Look at the check sequencing numbers. Each of them are different. Each are from the same account, which I’ve redacted for privacy concerns.

I don’t know, I’m just an online reputation management guy trying to make a living, but something tells me that the IRS might want to take a look at what’s going on here.

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