Feds charge former House Speaker Dennis Hastert with lying to FBI, illegal cash structuring

Federal prosecutors on Thursday charged former Republican House Speaker Dennis Hastert with illegally structuring cash withdrawals from bank accounts to make payments to someone he committed “prior misconduct” against and lying to the FBI about it.

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N.C. Small Business Owner: IRS Seized More Than $100K From Me

A North Carolina store owner is fighting to recover more than $100,000 from the IRS. --The feds reportedly seized Lyndon McLellan’s life savings under a banking law designed to stop drug dealers and money laundering. The IRS accused McLellan of structuring – repeatedly depositing money in increments just under $10,000. --The IRS had said it would no longer target deposits unless the money was involved in a separate illegal activity. McLellan, who owns L&M Convenience Mart in Fairmont, hasn’t been charged with anything, yet he hasn’t gotten his money back.

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