14 ms·
> Also why not just go 10 days in a row and pull out 1k? In the US, this could be considered "structuring" to avoid reporting requirements which is a federal c
by rmasters 4y ago
> Also why not just go 10 days in a row and pull out 1k?
In the US, this could be considered "structuring" to avoid reporting requirements which is a federal crime with a sentence of up to 5 years in prison.
- wcoenen 4y agoIf the reason to pull out 1K/day is a 1K/day limit imposed by the bank, then the reason is obviously not to avoid reporting requirements and therefore it cannot be considered structuring.
- akimball 4y agoAnd yet people are prosecuted.
- humanistbot 4y ago[citation needed]