MacDragon
Member
Posts: 1970
My first Valk VRCC# 32095
Middleton, Mass.
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« on: November 02, 2011, 04:56:48 PM » |
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Is it illegal to have and carry money with you for whatever your reason may be? i can see if there was a robbery nearby, or the LEOs knew for a fact that it was drug money. ie; surveillance, proof, stakeout. etc.
as far as I know... there is no law against carrying any amount of money.
This story has me a little confused.
SAN JUAN, Puerto Rico — Police in Puerto Rico say they have seized $500,000 in cash during a routine traffic stop.
Police said they stopped an erratic driver on Wednesday who told authorities he had a bag full of money inside the car.
The authorities did not release further details and said the investigation is ongoing. No one has been arrested.
Four other similar seizures have been reported this year.
Federal agents in late July seized more than $200,000 in cash from the roof of a car bound for the Dominican Republic. In February, agents detained two men in a taxi with $580,000 in suitcases. Local police stopped a suspect in February with $670,000 stuffed inside beer boxes, a month after they had seized more than $1 million in cash from another driver.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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 Ride fast and take chances... uh, I mean... ride safe folks. Patriot Guard Riders |
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The Anvil
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« Reply #1 on: November 02, 2011, 05:02:28 PM » |
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You can't take more than X amount of money into or out of the US, but I'm unaware that it's illegal to simply be in possession of it. Seems to me that if there's no other evidence then the authorities have no right to seize anything.
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Boxer rebellion, the Holy Child. They all pay their rent.
But none together can testify to the rhythm of a road well bent.
Saddles and zip codes, passports and gates, the Jones' keep.
In August the water is trickling, in April it's furious deep.
1997 Valk Standard, Red and White.
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Daniel Meyer
Member
Posts: 5493
Author. Adventurer. Electrician.
The State of confusion.
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« Reply #2 on: November 02, 2011, 05:09:24 PM » |
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CUAgain, Daniel Meyer  |
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DarkMeister
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« Reply #3 on: November 02, 2011, 05:23:42 PM » |
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There is probably "Proceeds of Crime" laws. They suspect illicit activity. If none is found and the owner can justify it, they get it back.
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The Anvil
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« Reply #4 on: November 02, 2011, 05:27:18 PM » |
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There is probably "Proceeds of Crime" laws. They suspect illicit activity. If none is found and the owner can justify it, they get it back.
Probably, but it still seems to be way over the line. I wonder if it's tied in at all to "patriot" legislation. |
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Boxer rebellion, the Holy Child. They all pay their rent.
But none together can testify to the rhythm of a road well bent.
Saddles and zip codes, passports and gates, the Jones' keep.
In August the water is trickling, in April it's furious deep.
1997 Valk Standard, Red and White.
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DarkMeister
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« Reply #5 on: November 02, 2011, 06:12:44 PM » |
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No, it's been around for a long time. Money laundering, gangs and organized crime are the target.
And let's not forget the taxman in all this...
Your average Joe with 10K in his sock, on his way to buy a Valk, doesn't need to worry.
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Robdawg13
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« Reply #6 on: November 02, 2011, 06:27:32 PM » |
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No, it's been around for a long time. Money laundering, gangs and organized crime are the target.
And let's not forget the taxman in all this...
Your average Joe with 10K in his sock, on his way to buy a Valk, doesn't need to worry.
But apparently your average Jose might... |
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I don't want a pickle
I just want to ride my motor-sickle
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musclehead
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« Reply #7 on: November 02, 2011, 06:28:38 PM » |
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No, it's been around for a long time. Money laundering, gangs and organized crime are the target.
And let's not forget the taxman in all this...
Your average Joe with 10K in his sock, on his way to buy a Valk, doesn't need to worry.
never assume. 'hey joe where you going with that sock in your hand?' 'I'm going down to buy that valkyrie, from another man' |
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'in the tunnels uptown, the Rats own dream guns him down. the shots echo down them hallways in the night' - the Boss
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DarkMeister
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« Reply #8 on: November 03, 2011, 03:21:09 AM » |
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No, it's been around for a long time. Money laundering, gangs and organized crime are the target.
And let's not forget the taxman in all this...
Your average Joe with 10K in his sock, on his way to buy a Valk, doesn't need to worry.
never assume. 'hey joe where you going with that sock in your hand?' 'I'm going down to buy that valkyrie, from another man' Thank you for that. Now I'm facing yet another day with an old tune running through my head.  |
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MarkT
Member
Posts: 5197
VRCC #437 "Form follows Function"
Colorado Front Range - elevation 2.005 km
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« Reply #9 on: November 03, 2011, 09:17:54 AM » |
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Then is the government guilty of manufacturing and distributing CONTRABAND? Another example of GOVERNMENT RUN AMUK. We need to clean house. Get your guns...
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czuch
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« Reply #10 on: November 03, 2011, 09:26:58 AM » |
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Does the guy look like he has that kinda money?
I helped a guy on the side of the road one day. He had a 500 series Mercedes and no cash.
Great guy. I changed his fan belt and he was embarassed that he had nothing to give me. I told him he looked like the type who used plastic all the time. I'm sure his shoes cost more than my car. I did a private enterprise hiway service between jobs one summer. I laughed and told him put it inna jar sometime. Shook his hand and went on. Never had reason to doubt him or feel slighted.
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Aot of guys with burn marks,gnarly scars and funny twitches ask why I spend so much on safety gear
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Hoser
Member
Posts: 5844
child of the sixties VRCC 17899
Auburn, Kansas
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« Reply #11 on: November 03, 2011, 12:09:55 PM » |
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If there is no evidence other than money, they should not be allowed to do it. A friend who owns a restoration shop for cars sells one once in awhile for upwards of 30-40 thousand, and says he can deposit no more than 10 thousand bucks in cash in his account per day, or the bank has to call the feds. He is in business, can deposit any amount he earns if he gets a check, but some of the high rollers that hire him like to pay with cash. That rule is BS. Hoser  |
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I don't want a pickle, just wanna ride my motor sickle  [img width=300 height=233]http://i617.photobucket.com/albums/ |
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Serk
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« Reply #12 on: November 03, 2011, 12:42:35 PM » |
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If there is no evidence other than money, they should not be allowed to do it. A friend who owns a restoration shop for cars sells one once in awhile for upwards of 30-40 thousand, and says he can deposit no more than 10 thousand bucks in cash in his account per day, or the bank has to call the feds. He is in business, can deposit any amount he earns if he gets a check, but some of the high rollers that hire him like to pay with cash. That rule is BS. Hoser Scarily enough, making multiple smaller payments to avoid tripping the $10,000 barrier is in itself a federal felony known as "Structuring". So, even if everything else was 100% legitimate, it doesn't matter, doing what you described can land one in federal prison for 5 years... http://en.wikipedia.org/wiki/Structuringhttp://www.chicagocrimelawyer.com/2011/07/structuring-cash-deposits-to-a.html |
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Never ask a geek 'Why?',just nod your head and slowly back away...  IBA# 22107 VRCC# 7976 VRCCDS# 226 1998 Valkyrie Standard 2008 Gold Wing Taxation is theft. μολὼν λαβέ |
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bvergeer
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« Reply #13 on: November 03, 2011, 12:50:30 PM » |
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Cash is evil......even the DHS says so. All you travelers paying with cash are probably terrorists. Here's a video from the DHS "See something, say something" campaign for hotel and restaurant staff. Roll forward to about 2:25ish for the evil cash payer guy. How dare he not have a credit card.
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musclehead
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« Reply #14 on: November 03, 2011, 05:18:51 PM » |
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No, it's been around for a long time. Money laundering, gangs and organized crime are the target.
And let's not forget the taxman in all this...
Your average Joe with 10K in his sock, on his way to buy a Valk, doesn't need to worry.
never assume. 'hey joe where you going with that sock in your hand?' 'I'm going down to buy that valkyrie, from another man' Thank you for that. Now I'm facing yet another day with an old tune running through my head. all part of the service  |
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'in the tunnels uptown, the Rats own dream guns him down. the shots echo down them hallways in the night' - the Boss
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Hoser
Member
Posts: 5844
child of the sixties VRCC 17899
Auburn, Kansas
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« Reply #15 on: November 03, 2011, 06:29:59 PM » |
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If there is no evidence other than money, they should not be allowed to do it. A friend who owns a restoration shop for cars sells one once in awhile for upwards of 30-40 thousand, and says he can deposit no more than 10 thousand bucks in cash in his account per day, or the bank has to call the feds. He is in business, can deposit any amount he earns if he gets a check, but some of the high rollers that hire him like to pay with cash. That rule is BS. Hoser Scarily enough, making multiple smaller payments to avoid tripping the $10,000 barrier is in itself a federal felony known as "Structuring". So, even if everything else was 100% legitimate, it doesn't matter, doing what you described can land one in federal prison for 5 years... http://en.wikipedia.org/wiki/Structuringhttp://www.chicagocrimelawyer.com/2011/07/structuring-cash-deposits-to-a.htmlI guess that makes it even more BS.  hoser |
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I don't want a pickle, just wanna ride my motor sickle [img width=300 height=233]http://i617.photobucket.com/albums/ |
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KW
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« Reply #16 on: November 03, 2011, 06:53:37 PM » |
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Time out guys. . . . Everyone take a deep, cleansing breath. You can search to your hearts content and won’t you find if where any of these large cash seizures were from honest, law abiding citizens. It’s that simple. And, all the ‘suspect’ has to do is show ‘cause’ & ‘means’ for having such a large amount (i.e. just withdrew it and on my way to buy a house and/or show where you have the resources from income or inheritance.) In NONE of the case cited is there ANYTHING to even remotely suggest it WASN’T criminal related. Unfair? Unconstitutional? PLEASE!!! Someone driving around with a garbage bag full of hundred dollar bills doesn’t past the stink test. However, if just ONE of you (besides Anvil) can tell me about a relative of yours that drives around with ½ million cash in his trunk, I’ll rethink my position.
PS @ Anvil; No, this isn’t related to the Patriot Act AND it’s not Bush’s fault. Give it a rest man! Drug seizure laws have been around in one form or another since. . . the early 80’s. And, it’s been an extremely effective tool for our enforcement agencies around the Nation trying to tread water on the war of drugs.
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