- Jurisdiction
- D.C.
Dear all,
An American citizen has been the owner (direct ownership as a private person) of the real estate in a foreign country for several years.
He didn't declare this ownership to SSA when applied for Social Security benefits based on "limited income and few assets", and as a result has been getting since then the following monthly benefits: retirement pension, Medicare, food stamps and 1-bedroom apartment in a government-owned public housing.
Later he sold this real estate and brought the money to the U.S. in sums under $10 000 to avoid reporting it to U.S. customs.
He concealed the fact he sold the real estate (= got income) from both - SSA and IRS, so firstly - no income taxes were paid and secondly - he keeps on having monthly Social Security benefits.
He keeps the money in a safe deposit box (in American bank) so that it's not seen on his bank accounts - not to exceed the max. amount of assets to be eligible for getting Social Security benefits.
Questions:
Thank you!
An American citizen has been the owner (direct ownership as a private person) of the real estate in a foreign country for several years.
He didn't declare this ownership to SSA when applied for Social Security benefits based on "limited income and few assets", and as a result has been getting since then the following monthly benefits: retirement pension, Medicare, food stamps and 1-bedroom apartment in a government-owned public housing.
Later he sold this real estate and brought the money to the U.S. in sums under $10 000 to avoid reporting it to U.S. customs.
He concealed the fact he sold the real estate (= got income) from both - SSA and IRS, so firstly - no income taxes were paid and secondly - he keeps on having monthly Social Security benefits.
He keeps the money in a safe deposit box (in American bank) so that it's not seen on his bank accounts - not to exceed the max. amount of assets to be eligible for getting Social Security benefits.
Questions:
- Which federal or state (D.C.) laws has he violated - from SSA and IRS perspective?
- What are the possible consequences of this violation?
- Are there any liability time limits, i.e. may he become "not guilty" after a certain time period?
- Which documents/evidence may serve as a proof of the above-mentioned illegal actions from his side (to both SSA and IRS)?
- Are there any consequences for another American citizen (close relative), who was aware of this situation but hasn't reported it to SSA/IRS?
Thank you!