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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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BEHOLD: The Electronic Recovery and Access to Data (ERAD) Machine is Coming to a City Near You

After reading this, I was immediately delighted by its virtues.

Imagine yourself driving on the highway and being pulled over by a patrolman. For some reason, he doesn’t like the way you look, you and your smug grin. He asks to see your leather wallet, which was given to you as a gift from your caring wife. He then takes out your credit cards and bank cards and scans them into his ELECTRONIC RECOVERY AND ACCESS TO DATA (ERAD) machine, provided by the good folks at the ERAD Group Inc.

You ponder to yourself that something is awry. So you quiz the nice young man, clad in asshole highway patrolman boots and sunglasses.

“Good Sir, why are you scanning my cards?”

The officer replies “it’s because I have reason to believe you’re earning income from a criminal enterprise. All of your assets have been seized. If you want your assets back, you will have to provide evidence to the contrary.”

“The fuck, good Sir. I demand to speak to your supervisor.”

“Sir, under the law, I have the right to seize your assets, if I suspect you’re a party to a crime, even without a conviction.”

“Well then, can I at least use my credit cards to get some gas?”

“No sir, your credit cards have been frozen, until you can provide proof that you’re not a criminal.”

“Wait, one second. Where does the money go?”

“It goes to the State of Oklahoma, aside from the 7.7% royalty that goes to the provider of this freedom loving technology machine (ERAD). Have a nice day now.”

Here’s how it works. If a trooper suspects you may have money tied to some type of crime, the highway patrol can scan any cards you have and seize the money.

“We’re gonna look for different factors in the way that you’re acting,” Oklahoma Highway Patrol Lt. John Vincent said. “We’re gonna look for if there’s a difference in your story. If there’s someway that we can prove that you’re falsifying information to us about your business.”

Troopers insist this isn’t just about seizing cash.

“I know that a lot of people are just going to focus on the seizing money. That’s a very small thing that’ s happening now. The largest part that we have found … the biggest benefit has been the identity theft,” Vincent said.

“If you can prove can prove that you have a legitimate reason to have that money it will be given back to you. And we’ve done that in the past,” Vincent said about any money seized.

State Sen. Kyle Loveless, R-Oklahoma City, said that removes due process and the belief that a suspect is presumed innocent until proven guilty. He said we’ve already seen cases in Oklahoma where police are abusing the system.

“We’ve seen single mom’s stuff be taken, a cancer survivor his drugs taken, we saw a Christian band being taken. We’ve seen innocent people’s stuff being taken. We’ve seen where the money goes and how it’s been misspent,” Loveless said.

Loveless plans to introduce legislation next session that would require a conviction before any assets could be seized.

Not even North Korea can fuck with this.

Multiple states are now using this ‘technology’ to seize assets, FOR PROFIT, on the spot.

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14 comments

  1. stockslueth

    That’s not cricket!

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  2. ottnott

    Yeah, the Civil Asset Forfeiture concept is pretty effed in general, but is especially so when carried out at a traffic stop. There are a lot of stories of people driving across the country, getting pulled over, and being surprised when the officer’s first question is “how much cash are you carrying?

    I haven’t heard about the ERAD machines. If you built one yourself, it would probably violate anti-hacking laws and make you eligible for 10-20 years in the pen.

    Don’t ever consent to a vehicle search.

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  3. iw40

    Old news:
    https://www.washingtonpost.com/newssearch/?query=highway+interdiction
    Ottnott is right don’t agree to search.

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  4. brvalentine

    “Plastic Bitte”. Danke.

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  5. fxtradex6

    We can all thank drug traffickers who avoid cash and operate using prepaid credit/debit/gift cards to avoid suspicion of being a drug trafficker. You deliver, you call the 800 # on the card to validate the balance, shake hands and off you go.

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    • btn

      Innocent until proven guilty.
      It’s not the drug trafficer’s that are repsonsible for this horrendous law.

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  6. rangersfan

    Buy $data you filthy animals

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  7. resumark

    An acquaintance was robbed of $60k cash by the good fascists of the Arizona Highway Patrol. He was able to retain the right attorney, however, and got the money back… with some healthy “interest” by way of court ruling. However, this took over 3 years, and the attorney fees weren’t cheap.

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  8. uglyflint

    The police state is moving in. And I got to listen to fucks like frog tell me I wear a tin foil hat. Right winger wacko. Hillary’s favorite line. They can scan your card as you move down the road, don’t need to stop you. Go to idstronghold.com

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    • resumark

      Civil asset forfeiture is a nonpartisan issue. It has proponents and opponents in both major parties. It grew in popularity in the ’80s as part of the misguided War On Drugs™.

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  9. btn

    Why hasn’t and PDs or the Justice Dept been sued over this? The SC should have ruled on this by now….

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  10. levrage

    Maybe the Chinese aren’t the only people in need of bitcoin these days. WTF

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  11. dh405

    This article has some major falsehoods going on. The ERAD, while a screwed up piece of fascism-enabling tech, can NOT seize money from your credit or bank debit cards. It can seize money stored on GIFT CARDS and PREPAID DEBIT CARDS only!

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