IRS-Led Global Alliance vs. Conservative Banker Peter Schiff
The IRS spent massive resources investigating a bank owned by conservative activist and tax policy critic Peter Schiff, but never produced any evidence of crimes. Then authorities leaked the existence of the investigation, destroying his bank’s reputation, and cited “negative press” to justify taking it from him. A year later, even though he’s never been charged with anything and won a defamation verdict against the media, a government-appointed receiver still hasn’t returned customers’ $65 million.
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