Your Friendly Treasury at Work

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

http://www.ustreas.gov/fincen/sarbul1.html

-- dave (wootendave@hotmail.com), August 29, 1999

Answers

"[We are looking for violaters of the structuring law] for example, cashing a $9,500 check followed by a $500 ATM withdrawal.

I forget...is the penalty being shot in the back, or burning your house down?

-- Who's money is it anyway? (@ .), August 29, 1999.


As I understand it, it isn't structuring IF the bank sends in the paperwork. "Structuring" is apparently just trying to get around reporting. If you cash a $12,000 for cash, no problem (but it would be reported).

-- Mad Monk (madmonk@hawaiian.net), August 29, 1999.

Note to "whose money is it": The answer to your question is both, and shooting your dog, if you don't stick your rear up for the LEGAL reaming.

http://www.sovereignsociety.com/a-letter/issueindex.cfm

-- A (A@AisA.com), August 30, 1999.


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