[JD86]

She came back with $30k in cash

And if you ask her, I think you will find out she filled out a form at the bank before they would give her over $10,000 in cash. Think of that what you will.
I don't defend the law or try to justify it...I just try to explain what it is...and often I am shot because I am the messenger of news people don't want to hear.

[Romulus]

My job involves daily involvement with banks and other lending institutions, in transactions of up to $20 million. I am quite familiar with the "know your customer" BS, and have been called more than once to explain transactions deemed (by them) to be unusual.

My boss has nothing to hide in his cash transactions, and he completes the legal forms when as and if required. My point is that he should not have to.