Topic: Zelle

Pam Bondi discusses the expansion of Joint Task Force Alpha to combat human smuggling and child trafficking. Recent indictments in Tampa and Texas have targeted rings that used Zelle to transfer millions of dollars in profits. The task force has documented horrific cases of children being drugged with THC to pass through customs and families dying in blizzards during transit.

The IRS has implemented new AI software to track "tax cheats," specifically flagging any accounts with cryptocurrency transactions or 1099 income. This surveillance is part of a broader push for a social credit system, which includes the new requirement to report Venmo and Zelle transactions over $600. The Biden administration is also proposing an unrealized capital gains tax that would disproportionately affect middle-class investors.

A caller named Raul describes waking up to an overdrafted Bank of America account and being told there was an issue with Zelle. Jones discusses recent security software updates at the InfoWars store that caused temporary ordering "hiccups." He shares personal anecdotes about his wife monitoring their bills during bankruptcy to catch "accidental" charges from desperate corporations.

The discussion covers tax implications for gamblers, noting that losses can be written off against winnings if proper records are kept. Bennett explains a new rule from the "Build Back Better Act" requiring platforms like Venmo and PayPal to issue 1099s for transactions over $600. He warns that even garage sales could trigger tax scrutiny, requiring professional help to distinguish between gifts and taxable income.