Quote from: unamis76 on June 11, 2016, 01:44:48 PM

Quote from: franky1 on June 11, 2016, 12:14:33 PM

Quote from: unamis76 on June 11, 2016, 11:49:35 AM

I've also read that the company who makes these things gets a commission from seized funds, which I find rather "odd"...

Quote

http://boingboing.net/2016/06/09/oklahoma-cops-can-use-scanners.html
ERAD Group will receive a 7.7 percent cut of all funds seized via the card readers.

meaning whether innocent or guilty you're 7.7% worse off the moment the card is swiped
and ~~if found guilty later in court.~~ the police get to keep the other 92.3% unless you can prove the funds not guilty.

I interpret that in a different way: 100% of your funds are swiped/seized, 7,7% goes to the company who made these readers, 92,3% goes to the police, and if eventually you manage to prove ~~yourself~~ your money not guilty you get those 92,3% returned. That's what I understood, at least.

You are both saying basically the same thing. Fixed typos there.

However, I actually believe that if you do manage to prove your funds are innocent you will get them all back and the government would take the 7.7 loss or get it back from the vendor.

Once they do finally decide to give you back what they decide to give you back you do get it back.

The real loss to you would be the $50,000 in attorney's fees it will cost you to get it back.