IRS ADMITS ERROR IN CIVIL FORFEITURE CASE: The IRS and Department of Justice are being forced to return $107,000 seized from a convenience store business in North Carolina. The money was seized by the government pursuant to the atrocious practice known as “civil forfeiture”— which is just a legal term for government larceny–after mandatory bank deposit reporting alerted the government to the fact that the store’s bank account had received several deposits of just under $10,000 in a 24-hour period.
The business owner, Lyndon McClellan, had been struggling since the forfeiture to keep his business afloat. Thankfully, the Institute for Justice agreed to represent McClellan pro bono. They do good work.