Federal Asset Forfeiture: Structuring case involving Atlanta medical practice resolved with no criminal charges
United States v. C.M.C.
Our client was a successful Atlanta medical practice whose bank accounts were frozen by the IRS amid allegations that bank deposits were structured in order to avoid federal cash reporting requirements. In addition to the possibility of losing over a million dollars in assets, the doctors in charge of the practice were facing criminal prosecution and potential prison sentences. We were able to negotiate a settlement with the government that limited the forfeiture to only $44,000 and included an agreement that no criminal charges would be filed against any of the doctors.