NY State has discovered Musk taking Funds out of Bank Accounts

[Bluetus]

62. Possibly, but this can certainly go to Federal court, and probably will within 24 hours.

Last edited Wed Feb 12, 2025, 09:41 PM - Edit history (1)

It was not a "theft" per se, at least we don't have evidence that Musk put the money in his own pocket. If that is the case, then undoubtedly there could be state charges because this was probably an account at a state chartered bank.

It sounds like it was more a case where Musk's gang went through all the recent disbursements and tried to reverse the ACH on ones in blue states. I believe there is a 5-day window when such a reversal can go through under ACH. So the money should have been sent back to the Federal account that originally disbursed it.

There certainly can be a lawsuit against a private citizen taking such action. There may be laws that spell out the procedures that must be followed. I'm certain the NY lawyers are working hard tonight deciding which court to petition and which statutes to cite.