Real0ne
Posts: 21189
Joined: 10/25/2004 Status: offline
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quote:
I received the following email from my employer this morning. I have edited to remover references specific companies: quote:
Dear Employees of (Company Name), An unforeseeable event has impacted the normal timing of payroll check deposits for the July 28 payroll, however it is anticipated that most funds will be deposited into employee accounts on Thursday, the payroll date, with some exceptions due to how individual banks receive deposits into individual accounts that may cause some account deposits to be recorded on Friday. Today we discovered that in accordance with monitoring and securing United States assets and to ensure compliance with U.S. Treasury Department Regulations, the movement of capital through the United States banking system may be periodically inspected by Office of Foreign Assets Compliance (OFAC). The wire transfer of the Company’s cash to (Payroll Provider Company Name) “our payroll provider” was selected today by the OFAC to analyze its compliance and the payment was held until their compliance check was finalized. We did not become aware the (Company Name) payroll wire was selected and held until this afternoon and as such the normal timing of the deposit of funds into your account did not occur with its usual timing. This afternoon (Payroll Provider Company Name) however graciously released cash to our employee’s banks despite not having received the funds yet from (Bank Name). We are truly sorry about any inconvenience this may potentially cause you. Please contact me directly with any questions or concerns. Best regards, (Company Payroll Director) What kind of BS is that where the Federal government can simply step in whenever it chooses and prevent people from being paid? The company I work for is a private US corporation and having the US Treasury come along and block the employees from getting paid is an outrage. If Congress wants to cut expenditures I recommend they start with the Office of Foreign Assets Control (OFAC) which is an agency of the Treasury that is violating my rights as an American citizen. I found that on another board. PWNED! More details here.
< Message edited by Real0ne -- 7/31/2011 6:39:48 AM >
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"We the Borg" of the us imperialists....resistance is futile Democracy; The 'People' voted on 'which' amendment? Yesterdays tinfoil is today's reality! "No man's life, liberty, or property is safe while the legislature is in session
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