I haven’t forgotten that it was banking processes that snared Rush Limbaugh on that drug thing.
This reporting of over ten thousand, deposit or withdrawal, came from our friendly government. When customers became aware of the reports, they began lessening the amount of the transaction, making it $9,900, 9,599. Anything to avoid the $10,000 figure. This became known as structuring and it was to be reported. Banks faced $500,000 fine for not filing the report.
Years ago this was going on with young visiting Irish guys and it wasn’t hard to figure out what was happening. So it is just like everything else. The baddies tend to spoil it for the millions of law abiding.