Thelen Reid Sitting on $500 Billion!

Thelen Reid is sitting on top of $500 billion!

How can that be?

Here’s the deal: The Social Security Administration collects taxes on behalf of workers — including those using bogus SSNs. Rather than put money into bogus accounts, the SSA puts all the money for bogus SSNs into something called the Earnings Suspense Account. Given the dramatic rise in the number of workers using bogus SSNs, there’s now over $500 billion in that account!

So . . . how does Thelen Reid get to sit on top of all this money?

That’s easy! By publishing this Client Alert: Preparing for the ICE Storm

The alert mentions the Earnings Suspense Account. Just get on top.

Do a Google search on Earnings Suspense Account, and see what happens. (What happens is that this alert winds up at the very top of a very short list.)

Now . . . suppose a reporter at the WSJ is doing a story about this gigantic account. Suppose he wants to interview someone who knows something about it.

Do you suppose he might wind up placing a call to one of the attorneys listed on this client alert?

I say . . . the chances aren’t great, but they’re a heck of a lot better than they would be if this alert didn’t bother to mention the Earnings Suspense Account.

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Here’s a curious quote from the alert, from a paragraph describing how lazy the Feds used to be about enforcing the Immigration Reform and Control Act of 1986:

Raids on notorious employers of undocumented foreign laborers were sporadic.

It makes some interesting claims regarding Form I-9 (e.g., the form can be used to request employee handbooks and confidentiality agreements) and Form W-4 (e.g., the form requests an employee’s income and multiple social security numbers).

The article also discusses “Alien Advocates” but doesn’t say who/what they are.

Methinks they (Thelen Reid’s attorneys, not the alien advocates) could use an editor.

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