this clip of Scott Bessent is deadly! Lawfag jr. here .
I wish this clip started a few seconds before but this is what I have. hear his first few words. CIVIL ENFORCEMENT!
He is not auditing the banks to punish them.
This is criminal R I C O. He would not announce this unless he has already secured seizure of funds and assets.
In a criminal R I C O case, you have to prove a legit entity( bank in this case) was used in a criminal conspiracy to violate 2 or more specified crimes. If you want to seize all assets for the participants you have to file sealed for ex parte TRO but have 6 weeks to file a R I C O statement. R I C O is a BAD LAW! SCOTUS hates it with valid reason because it strips people of their 4th and 6th amendment rights BEFORE they have been charged or convicted. In order to get a seizure , you have to prove a civil conspiracy and likelihood of success with a R I C O statement and evidence that is clear and concise. ( higher burden than preponderance but lower than beyond a reasonable doubt. This is all done without the other side knowing anything about it. You then get a freeze of all assets for anyone or any entity named. The people or entity find out when they try to pay for something and get denied. They find out their account has been frozen and they need to contact Homeland or whoever froze it.
If you pass a R I C O statement to secure freezing assets, then you most likely will win in trial . Courts don't freeze assets unless the evidence is compelling because if assets were wrongfully seized the damage to the person is grand. ( EX: seizing a million dollars could cost a billion in lawsuit) Scott Bessent came out and told, therefore, the seizing was approved by a judge. No way he came out publicly before seizing because they would move their money. Ilhan Omar's money has been seized and she now has to fight to get it back. All of the known fraudsters have had their money seized https://x.com/StandUpForTrmp/status/2010378585400619398