Posted on 08/31/2016 8:11:02 AM PDT by onona
Authorities in San Diego County, California, have reportedly made the area's largest-ever cash seizure, drawing attention to the role of bulk cash smuggling as a simple yet enduringly popular money laundering method for transnational organized crime.
(Excerpt) Read more at insightcrime.org ...
I wonder if we are going to see a new push to abolish the $100 bill, which is worth the same amount today as a $10 bill when I was in high school.
But I did not know it was illegal to have money.
Let’s just consider it a $3 million down payment on a nice new wall.
Was Obama sending or receiving ?
LOL My thoughts egg-zactly. Incoming? Maybe headed to Chapaqua?
Countdown to ending physical currency begins.
Only debt currency, requiring a clear documented chain of “ownership”, will be allowed.
If the drug flow from mexico stops, there will be CHAOS in the inner-cities.
In Today’s Fundamentally-changed Amerika, no “Journalist” that wants to stay employed will DARE touch this subject.
The economies of the Democrat-run inner-cities, and most of the Democrat Party skim from it, relies on the illegal drug trade, largely-funded by welfare and EBT payments.
Will the agents be tasked with ensuring the money gets back into circulation?
This is cartel money from drug sales in the US.
Have they prooved it in a court of law?
It’s not illegal to have money but they will take it anyhow
Try driving anywhere in America with over a few grand in cash
If you are stopped and they see it or search for it and find it they will seize it and make the excuse it’s drug related cash and make you go to court to get it back
A friend of mine routine traffic stop in Elko Nevada lost 70,000 to Nevada Troopers cash interdiction task force
They wrote him a reciept for 41,000 and smiled doing it
His lawyer said average is 3 years getting it back
This is the America Free Republic drug warriors want
It’s been illegal to carry 10,000 or over into or out of the US without declaring for 30 years now....same reason bank cash withdrawals get same scrutiny over 10,000
So are we safer?
Did we win the drug war?
Today aside from cartel violence and meth labs and heroin mass overdoses.....which give drug enforcements troops righteous rallying cries ....it’s otherwise about the money and asset seizures much more so than drug seizures
Why?
Cause the state and locals get to keep it to buy goodies....
...same reason bank cash withdrawals get same scrutiny over 10,000
http://www.wnd.com/2014/10/irs-seizes-life-savings-for-deposits-under-10000/
It’s called “Structuring”
Considering that they haven’t been in court yet I imagine that you can figure out the answer to your question. It’s not necessary information at this point and unless the US attorney wants to link the coyotes to the cartel it won’t come up . But anyone with a clue about cross border smuggling with Mexico knows the origin of cash in this quantity. What do you think the source is?
Yeah, don’t get me wrong. I’m pretty darned sure that this is money laundering. I’m just venting due to my attitude about all the legitimate businesses being busted for structuring. It’s like the government is doing everything it can to get us away from real money, enabling them to utterly control both us and the credit based economy.
I’m old. I remember what it was like to be free.
“But I did not know it was illegal to have money.”
Yep, and you are guilty until proven innocent, you filthy cash hoarder!
Did you know that the 100 is the only bill that is presently being printed at every district printing facility?
I doubt that will ever happen, because our government really has no interest in ending the drug trade.
It was page 1 in one of WSJ’s sections this week.
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