401kRollover Blog

Jails Awaits If You Cross the Dept. of Commerce

Have you ever heard of a Department of Commerce mandatory survey called a “BE-10”? Introduced and ratified by the U.S. Congress in 1976, the survey was designed for the biggest U.S. companies to reveal the extent of their business practices abroad. However, following a new piece of federal regulation hidden in the depths of the “Federal Register,” edition dated November 20, 2014, the Department of Commerce can actually imprison you ”for not more than one year” if they believe that you knowingly avoided providing them with the completed survey.

Unratified by Congress, but brought in by the Bureau of Economic Analysis (BEA) of the Commerce Department , these revisions made failure to complete the survey both a civil and a criminal act.

If you believe this is yet another example of back-door legislation by the current government, please Like & Share this post.

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