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To: PAR35
She was Structuring. Intentionally trying to evade the reporting requirements for large deposits. So the author is not exactly dealing with the facts here.

She made several small deposits which is not illegal.

65 posted on 03/30/2015 6:49:49 AM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: BfloGuy
She made several small deposits which is not illegal.

1) Perhaps a small amount to someone as wealthy as you are. $9k is a chunk of change for most of us.

2) Yes, is illegal when a reportable amount is broken into separate deposits to avoid the reporting requirements. And $180,000.00 would certainly have been reportable if she had carried it all in to the bank at one time. It wasn't like the family hadn't been caught before and warned. (See, I remember the true story, not the blogger spin) http://www.desmoinesregister.com/story/news/2015/02/10/dubuque-widow-hubands-cash-deposits-lawsuit/23195305/

69 posted on 03/30/2015 4:49:21 PM PDT by PAR35
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