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To: LouAvul
I thought it was $10K.

But if you make multiple withdrawals within a short period that total more than $10K (to avoid hitting that $10K threshold), that's "structuring", and that's what they nailed him for.

29 posted on 06/23/2015 3:09:28 AM PDT by Fresh Wind (Falcon 105)
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To: Fresh Wind

It’s not just withdrawals; it’s transactions, period. You may be hiding your ill-gotten gains by depsiting that egg-money piecemeal. Everyone is a criminal—the only real question left is, “is your arrest convenient for the government?”


30 posted on 06/23/2015 3:39:10 AM PDT by antidisestablishment (The last days of America will not resemble Rome, but Carthage.)
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