Straw buying is sometimes used in large purchases such as buying a home or a car when the real buyer is unable to obtain financing. The real buyer promises to make the payments and may compensate the straw buyer for the use of their credit. Banks dislike the use of straw buyers. The ar...
Also found in:Dictionary,Thesaurus,Legal,Encyclopedia,Wikipedia. straw man One who purchases real property in his or her own name and then holds it for sale to the person who supplied the money for the sale,the intended ultimate purchaser.The technique is often used when a well-known developer...
Gun-shop owner charged in straw purchasesBRADY MCCOMBS
OAKWOOD, Minn.– Gun violence was put in the spotlight recently when Minnesota's attorney general decided to sue a local retailer. He said the company should have known two customers were straw purchasing firearms.How is a gun retailer supposed to stop straw purchases? What are the red flags?
He also noted that the ATF itself did not adopt the “straw purchase” position until 1976, fully 8 years after the passage of the 1968 Gun Control Act, at which time it changed to favor the “straw purchase” purchases are illegal position. (NOTE: This would seem to have implications ...
Straw-man purchases occur when a legal gun buyer purchases a firearm with the intent of passing it illegally to someone who is prohibited from buying or owning a gun; the penalty for acting as a straw man is up to 10 years in prison. Gun Retailers Fight Back Against Illegal Gun Sales ...
Nina Totenberg
Blumenthal, Murphy Target Straw Gun PurchasesNOTE: Online videoU.S. Sens. Richard Blumenthal and Chris Murphy announced Mondaythat they would...Scinto, Rich
OAKWOOD, Minn.– Gun violence was put in the spotlight recently when Minnesota's attorney general decided to sue a local retailer. He said the company should have known two customers were straw purchasing firearms. How is a gun retailer supposed to stop straw purchases? What are the red flags...
The US Supreme Court on Monday upheld the conviction of a formerpolice officer who purchased a...Richey, Warren