“Notes on a non-profit indicted for tax fraud” – Patrick McKenzie
“To achieve the overall objective of stochastically interdicting crime, the regs are designed to force criminals into repeated unpalatable tradeoffs. One is “You can choose making money, or you can choose never interacting with banks, but it is very difficult to choose both.”
https://www.bitsaboutmoney.com/archive/nonprofit-indicted-bank-fraud/