Former Speaker of the House Dennis Hastert and state Auditor Andrea Lea get put on the Moritz Scale of Political Bad Behavior, and their scores are going to look much closer together than the nature of their bad behavior would justify.
A recent New York Times article pointed out something that had also been nagging at us here at Arkansas Business: otherwise law-abiding citizens being charged and convicted of a federal felony known as structuring.
Patrice Duncan said she and her husband never thought much about bank deposits for their family-owned business in Conway until Jan. 24, 2012. That’s the day the Internal Revenue Service seized $94,500 from the company’s account.
Patrice Duncan, an owner with her husband, Gary, of Duncan Outdoor in Conway, has pleaded guilty to a single count of structuring a financial transaction in order to evade bank reporting requirements on cash deposits of more than $10,000.