Legal Question in Banking Law in California

Federal freeze on Bank account

Senerio:

A group of individuals receive a substancial amount of money via Federal Bank Wire in excess of $100,000,000.00 US dollars.

The Bank account is an account in trust, can the Fed freeze the funds and why would they?


Asked on 9/21/06, 8:25 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Federal freeze on Bank account

Duhh....because the transaction is bogus?? Hint: If you really had $100,000,000 you would be calling your high-priced lawyers instead of some web site.

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Answered on 9/21/06, 9:33 pm


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