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Originally posted by redhatty
So the guy pays the independent contractors in US Treasury (Mint) issue gold & silver coinage with a clear denomination on them.
Until the ind. Contractor sells that coin, it is still only "legally" worth the value printed into it.
Though I could see a "fraud" situation IF the guy paid more than face value for the coinage that he paid his employees with, then there is a trail of the value of the coinage, and it would be higher than what the face value is.
But it appears from the article that he asked the IRS how to value the coinage & never got a reply??
There has to be more to this than just the payroll issue, there is the homes under the GF's name & whether he paid his personal & business taxes apparently.
Be interesting to see how this one goes, esp under this Admin