aslan
Well-Known Member
I know this person. He would not cash out $17,000 at one time. Nor would most people I know.Nynefingers said:Cashing out at the casino should have generated a CTR, right? So if he gets stopped at the airport and tells the truth, it should be verifiable. I would imagine it might make for some major delays and hassles, possibly even seizure of the cash. But eventually, he'd get it back right? I mean it isn't hard to prove where it came from. Am I missing something?
But on the question of verifiability, I don't think that's the issue. Who want to miss their fight while some TSA agent checks out their story. Also, if the person did NOT cash it out all at once to generate a CTR, then he would have to make up some story to account for all the cash. In any case, he faced delays and complications that could be avoided, and which were avoided as a matter of fact, by concealing the cash before boarding the flight.