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NM used car dealer fights forfeiture claim by feds

July 28, 2013 • State News

ALBUQUERQUE, N.M. (AP) — An Albuquerque used car dealer who is fighting the federal government’s seizure of $841,000 from his business and personal bank accounts claims he’s being singled out by federal authorities because he’s a naturalized U.S. citizen who came from Iran.

The Albuquerque Journal reports (http://bit.ly/18KgLq0) that federal authorities deny that Reza Ella is being singled out because of his Iranian heritage and instead alleged in a civil forfeiture claim that Ella’s Discount Auto Sales doesn’t generate enough business to account for the more than $1.7 million he deposited in local banks over 11 months.

They also allege that Ella structured deposits to keep them under $10,000 to avoid having the banks file Login to read more

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