[ Every one on this forum understands that bankers are federal government snoops right? This is a great overview:
http://en.wikipedia.org/wiki/Bank_Secrecy_Act#Suspicious_Activity_Report_.28SAR.29
This banker was doing a commendable job.
More and more industries and occupations now have have required government snooping and reporting requirements. But I am sure many on this forum subscribe to the “if you didn’t do anything wrong you don’t have to worry” philosophy.
This could have been drug money right? It could have helped save someone from addiction and crime. ]
Holding too much cash on you can be considered a “crime”, so if you happen to have several ounces of Gold on you, you are a defacto criminal!
Right, de facto criminal! If you read the Wiki entry (and I am sure y’all did that before the flaming)you will see that the bankster may have been a little over zealous but he was doing his job. Just following orders.
These laws are designed to prevent fraudulent transfers of money aka “money laundering” without which the trade in illegal drugs would grind to a halt.
Anything to halt illegal drugs...right? It’s for the children, even the ones who don’t understand irony or understand sarcasm when they see it in a post.