Monday, July 29, 2013

Feds Seize $841,883 from Used Car Dealer Accused of—Well, Nothing

Feds Seize $841,883 from Used Car Dealer Accused of—Well, Nothing 

Reza Ella, an Iranian-American who owns a car dealership in Albuquerque, New Mexico, may or may not be a criminal. Federal prosecutors don’t know or won’t say. But last September, they seized $841,883 from Ella anyway because the man deposited it in increments of less than $10,000.