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To: SanchoP
Multiple payments of $9990 in cash will get you busted for money laundering too unless there’s a judge in the family.

Amounts much less than that trigger "structuring" meaning that trying to adhere to the law of not carrying more than $10,000 shows you're trying to skirt the law by not trying to break the law. Crazy! People have lost their money to seizing for carrying thousands less than the $10,000 trigger. Because government says you meant to break the law, even if you didn't.

19 posted on 01/16/2020 10:23:26 PM PST by roadcat
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To: roadcat

Oh yeah. I’ve carried over $10k several times but I always had a paper trail to back it up.


24 posted on 01/16/2020 10:48:26 PM PST by SanchoP (Yippy,the next generation search engine.)
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