Be very careful when dealing with large amounts of currency. Structuring currency transactions to avoid the Federal Currency Transaction Reporting requirements is a federal felony. It is a common tactic used by criminal ventures to launder their profits.
Financial institutions are required to report these transactions to the Treasury Department. For the purposes of these laws, certain businesses, such as car dealers and real estate brokers, are defined as secondary financial institutions.
SuEllyn & Brian McCabe
WBCCI #3628 -- AIR #14872 -- TAC #FL-7
2015 FC 25' FB (Lucy) with HAHA
2005 Suburban 2500 Quadrasteer (Olivia) & 2011 Silverado 3500 (Fred) with Outfitter Truck Camper (Ethel)