Buage_@piefed.social to Lemmy Shitpost@lemmy.worldEnglish · edit-216 days agoTitlemedia.piefed.socialimagemessage-square182linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageTitlemedia.piefed.socialBuage_@piefed.social to Lemmy Shitpost@lemmy.worldEnglish · edit-216 days agomessage-square182linkfedilink
minus-squareRailing5132@lemmy.worldlinkfedilinkarrow-up0·16 days agoUS law requires any cash transaction of $10,000 or more be reported to the IRS/Treasury Dept. to include the federal tax ID # of both parties/entities, and the deposit accounts involved.
minus-squareTheThunderWolf@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·15 days ago5002 $9999 transactions
minus-squareRedjard@reddthat.comlinkfedilinkarrow-up0·15 days agoStructurization. I know someone who worked in a software company that developed algorithms and systems for banks and gambling to detect these.
minus-squaresp3ctr4l@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·15 days agoYep. Literally pulling out $9,999 instead of $10,000… that in and of itself is a crime, even if you’re not actually doing anything funny with it.
minus-squareJojoWakaki@lemmy.worldlinkfedilinkEnglisharrow-up0·14 days agoYup that looks very normal to me. Probably looks nothing suspicious to your FBI agent either.
US law requires any cash transaction of $10,000 or more be reported to the IRS/Treasury Dept. to include the federal tax ID # of both parties/entities, and the deposit accounts involved.
5002 $9999 transactions
Structurization.
I know someone who worked in a software company that developed algorithms and systems for banks and gambling to detect these.
Yep.
Literally pulling out $9,999 instead of $10,000… that in and of itself is a crime, even if you’re not actually doing anything funny with it.
Yup that looks very normal to me. Probably looks nothing suspicious to your FBI agent either.