The federal government has seized nearly half a million dollars from the bank accounts of a Saipan casino consultant.
The Internal Revenue Service in Seattle issued a public notice stating that it seized $456,079 from Alfred Yue’s bank accounts on Nov. 8 and 9, 2019 for violations of federal law.
Yue is a consultant of Imperial Pacific International.
The following amounts were seized by the IRS:
• $271,087.88 from a Bank of Saipan account on Nov. 8, 2019;
• $39,188.38 from another Bank of Saipan account on Nov. 8, 2019; and
• $145,803.34 from a Bank of Guam account on Nov. 9, 2019.
The funds were forfeited to the IRS and the notice was published on Jan. 4, 2020.
The IRS has jurisdiction over financial investigations, which include tax crimes, money laundering, and violations of the Bank Secrecy Act.
The notice did not indicate why the funds were seized.