My real estate agent told the story of the rich Chinese woman that bought numerous homes in Seattle for herself and extended family (via Canada).
She arrived at the real estate office to go to the closing on two of the homes. The agent asked what was in the large briefcase. It was the TOTAL amount for both homes - over a million dollars - cash.
The real estate agent went with her directly to the bank to trade if for a cashiers check.
The remaining 3 or 4 homes of similar prices were paid by cashiers check on the first go-around once the Chinese lady knew how it worked.
Although I imagine the large amounts of cash coming into America from China via Canada probably did violate someone’s laws? (Probably China’s!?)
No. Probably counterfeit. They’ve been distributing undetectable $100s thru the Norks for years.