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To: IC Ken

If you get caught with more than $10,000.00 cash on you they can take it. That is the law. (Not agreeing with it but it is what it is)


I don’t think this is true. Can you cite a law?

If you take more than $10,000 in cash out of your bank, the government is notified, but that’s all. If this was illegal, the bank would probably be complicit in the crime.

And if having $10,000 in cash is illegal, what about a restaurant deposit. It’s not unusual for a big restaurant to deposit $20,000 to $30,000 in cash after a busy weekend.

If it’s illegal, how do they get it to the bank?

Could police stop an armored car and confiscate their cash because they have more than $10,000? There’s nothing official about an armored car service. They are just a private company.

And I would be willing to bet that the dog would alert on that cash since we’ve heard repeatedly that all cash is contaminated with drugs (cocaine).

I know for a fact that dealers who buy cars at auto auctions will come in with $50,090 to $100,000. These places operate only in cash. No checks, no money orders, no cashiers checks, no bank checks. Just cash.


55 posted on 04/26/2016 9:32:46 AM PDT by chaosagent (Remember, no matter how you slice it, forbidden fruit still tastes the sweetest!)
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To: chaosagent

OK technically it is not illegal until they catch you with it and take it. Then you must prove your innocence.


57 posted on 04/26/2016 10:00:47 AM PDT by IC Ken
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