The last such event involved an all cash business and lots of 9.9k deposits.

Reader comment on: Civil Asset Forfeiture

Submitted by Lyle (United States), Oct 28, 2014 11:45

The business in question was a small all cash restaraunt that make lots of deposits just under the 10k limit similiarly to the grocery in CT last year. This was enough to trigger the vision of money laundering. In the recent case the merchant admitted to keeping the deposits under 10k to make life easier for the bank.

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Title By Date
⇒ The last such event involved an all cash business and lots of 9.9k deposits. [58 words]LyleOct 28, 2014 11:45
Here's the best part... [18 words]Michael GreenbergOct 27, 2014 20:08
Civil Forfeiture [30 words]Robert SchaulOct 27, 2014 17:16

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