Iowa gun show company faces money seizure - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa gun show company faces money seizure

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IOWA CITY (KWWL) -

A judge has approved the seizure of more than $90,000 from an Iowa gun show company's bank accounts.

Investigators say the company, R.K. Gun shows Inc. deposited money in a way to avoid scrutiny.

IRS agents say the transactions avoid rules requiring banks to disclose deposits greater than $10,000.

Owners for the company are asking for the money back.  They argue they did nothing wrong.  

 

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