Yehhh, because there are laws about deposits from certain countries coming into accounts like that. So, yehh for anybody else it would be a problem.
What is FARA?
The Foreign Agents Registration Act (“FARA”) imposes disclosure requirements and other legal obligations on any individual or entity that becomes an “agent of a foreign principal” unless an exemption applies.FARA is a public-disclosure statute originally enacted in 1938 as a legislative response to extensive foreign propaganda activities in the U.S. during the run-up to World War II, which included a 20,000-person rally held in Madison Square Garden. Congress hoped that, through FARA, the “spotlight of pitiless publicity [would] serve as a deterrent to the spread of pernicious propaganda.” FARA has since been amended 10 times, with the most significant overhaul occurring in 1966.
FARA is codified at 22 U.S.C. § 611 et seq. and its implementing rules are located at 28 C.F.R. § 5.1 et seq. The Department of Justice, which enforces and administers FARA, has also issued advisory opinions and other guidance interpreting the law.
