El Presidente Posted March 6, 2012 Posted March 6, 2012 http://www.icenews.is/index.php/2012/03/04/us-confiscates-policemans-cuban-cigar-cash/
Scdalak Posted March 6, 2012 Posted March 6, 2012 http://www.icenews.is/index.php/2012/03/04/us-confiscates-policemans-cuban-cigar-cash/ Totally confused, I don't get it..
Sutton Posted March 6, 2012 Posted March 6, 2012 Well I guess club czar needs to put there prices in Canadian dollars now so the US won't over reach there embargo and take money from them/non usncustomersnusing US currency . This is absolutley absurd.
rckymtn22 Posted March 6, 2012 Posted March 6, 2012 Looks and sounds like a country has overstepped their bounds!
Scdalak Posted March 6, 2012 Posted March 6, 2012 Well I guess club czar needs to put there prices in Canadian dollars now so the US won't over reach there embargo and take money from them/non usncustomersnusing US currency . This is absolutley obsured. Agreed, its so absurd I can't figure it out!
Fuzz Posted March 6, 2012 Posted March 6, 2012 Is this the US Govt's new method to reduce the national debt? Stealing a foreigner's money just because they used USD to make a perfectly legal transaction in Europe? It's no wonder why I keep getting calls from my suppliers asking to be paid in their home currency instead of the USD. Keep this up and the USD will truly become the Pacific Peso.
CanuckSARTech Posted March 6, 2012 Posted March 6, 2012 Wow. Stupid, juvenille, and without warrant, on the part of the intercepting U.S. authorities. If I was the customer, I'd be freaking out on my bank. There's no WAY that transaction sounds like it should have went through U.S. hands.
Puros Y Vino Posted March 6, 2012 Posted March 6, 2012 Total and complete stupidity. Talk about overstepping your bounds. So much for sovereignty.
Phillycyclocross Posted March 6, 2012 Posted March 6, 2012 As much as I think the US government is out of control, I still find this hard to believe. Sounds like a trumpt up story.
asudevil08 Posted March 6, 2012 Posted March 6, 2012 Obviously more to this story than what is here for public consumption.
capnshazam Posted March 6, 2012 Posted March 6, 2012 Totally confused, I don't get it.. +2!!! The currency used for international trade is the USD
Bcrowell Posted March 6, 2012 Posted March 6, 2012 I don't want to hear about this happening. I hope that the embargo ends in my lifetime.
TonyV Posted March 6, 2012 Posted March 6, 2012 If the central headquarters of the bank was in the USA -which it probably was,when the purchase hit the computer serves it automatically sent up a red flag for being over X amount of dollars and doing business with an' enemy state' and the money confiscated and forfeited.
sblevit Posted March 6, 2012 Posted March 6, 2012 I could sort of understand this if a wire in excess of $5000 were initiated in the US to a known Cuban cigar merchant. But this makes no sense.
SethG Posted March 6, 2012 Posted March 6, 2012 Yeah, the part they are leaving out is that the money was wired to the US and then to Germany. It was held automatically in the US because the destination is a known cuban cigar supplier. They haven't taken it either, they've merely seized it and now the guy has all sorts of rights to get his money back. It's a sad and overblown story. Too bad that his bank never told him that they use the US for international transactions. More interestingly, the US has a list of bad destinations..... that's something to know about.
winelover Posted March 6, 2012 Posted March 6, 2012 Extra-territorial jurisdiction gone crazy! I would love to follow this case closely. Are there any DANISH speakers on FOH? If so is this story covered in your press? Can you follow it for us?
Ken Gargett Posted March 6, 2012 Posted March 6, 2012 Yeah, the part they are leaving out is that the money was wired to the US and then to Germany. It was held automatically in the US because the destination is a known cuban cigar supplier. They haven't taken it either, they've merely seized it and now the guy has all sorts of rights to get his money back. It's a sad and overblown story. Too bad that his bank never told him that they use the US for international transactions. More interestingly, the US has a list of bad destinations..... that's something to know about. that makes a little more sense, tho not much. the story does seem full of holes. the embargo was imposed later than 1960 for starters, i thought. next, a policeman has just spent E18,400 on cigars??? seriously? possibly a big win on the horses? an inheritance? but what cop anywhere could afford to flick that sort of money out on cigars????? and they categorise it as 'a deposit'. in other words, part of a much larger payment. even assuming he could, there had to be some US link - otherwise, how the hell did they even know. the story is way too full of holes. the bloke should be hammering his own bank. in any event, it makes no sense for the States to indulge in this sort of practice, unless it is some moronic junior bureaucrat - finance is way too important an industry to a country like the States to risk being alienated by this rubbish. and i might add, anyone who takes anything that appears in a newspapewr too seriously needs a re-think. i learnt my lesson a few years back when, during the footy semi-finals, i read the headlines from the local paper (a paper to which i contributed as a freelancer for 20 years) which said one of our stars was injured and unlikely to play on the weekend. i rang my mate - who was on the board of the club. the player had left the training field 10 minutes early (on that, the paper and my mate both agreed). the paper claimed an injury. the truth was the player needed a leak. i've never taken too much from any paper very seriously since. then.
CanuckSARTech Posted March 6, 2012 Posted March 6, 2012 Yeah, the part they are leaving out is that the money was wired to the US and then to Germany. It was held automatically in the US because the destination is a known cuban cigar supplier. They haven't taken it either, they've merely seized it and now the guy has all sorts of rights to get his money back. It's a sad and overblown story. Too bad that his bank never told him that they use the US for international transactions. More interestingly, the US has a list of bad destinations..... that's something to know about. I get that this story may have some holes and whatnot. I agree there. But, I don't agree at all that this is an overblown reaction at all. Whether his bank completes the wire through the U.S., this is baloney. There should be no reason that a European citizen, that presumably has no ties to the U.S., should complete a wire transfer to make a purchase from another European country, in an internationally legal purchase/product, and should then have his funds seized by a U.S. institution. Whether "the guy has all sorts of rights to get his money back" is a moot point, IMO. He shouldn't even HAVE to go through any of these bureucratic red-tape processes. It's not something that should have been seized in the first place. All this granted, unless it's something that's actually internationally illegal (drug trafficking, money laundering, etc.), there's no reason for a U.S. institution to have done something like this. It definitely sounds like VERY excessive overstepping of authoritative boundaries.
jedipastor Posted March 6, 2012 Posted March 6, 2012 Maybe the US Justice Dept. believed that this guy was selling/reselling Cubans to US citizens. Even so, you can't take money from a foreign person living in a foreign country without the consent of that country's government/law enforcement. BTW, isn't that a LOT of money for a single purchase of cigars????
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