Structuring. Could they go after coin sorters?
Posted: Mon Oct 27, 2014 5:42 pmBased on suspicious activity:
http://tucson.com/ap/national/law-lets- ... 50215.html
From the article:
" He added that making deposits under $10,000 to evade reporting requirements, called structuring, is still a crime whether the money is from legal or illegal sources."
Huh? I can only imagine the hundreds of deposits and withdrawals I have made the past 6 years with banks. Wonder if some of them felt a need to file a report on me.
I wonder too, now , the times I had quite bit of cash in a an envelope on me on my way to the banks to make coin pick-ups whether if ever gotten pulled over and searched that the money would of been seized since I could not prove it was not for/from illegal activities.
My brother once got a visit from the police simply because he asked the bank when they get their coin pick-ups from Brinks, etc., all innocent questions ( my brother was doing CRH'ing a while back. He has subsequently given it up as it eats up too much time). Banks are not our friends.
http://tucson.com/ap/national/law-lets- ... 50215.html
From the article:
" He added that making deposits under $10,000 to evade reporting requirements, called structuring, is still a crime whether the money is from legal or illegal sources."
Huh? I can only imagine the hundreds of deposits and withdrawals I have made the past 6 years with banks. Wonder if some of them felt a need to file a report on me.
I wonder too, now , the times I had quite bit of cash in a an envelope on me on my way to the banks to make coin pick-ups whether if ever gotten pulled over and searched that the money would of been seized since I could not prove it was not for/from illegal activities.
My brother once got a visit from the police simply because he asked the bank when they get their coin pick-ups from Brinks, etc., all innocent questions ( my brother was doing CRH'ing a while back. He has subsequently given it up as it eats up too much time). Banks are not our friends.
