[Protect the Bill of Rights]

Back up the boat.......afterthought. My brain is slow.

I thought structuring had to do with avoiding taxes on deposits.

Blackmail or not, isn’t it up to the recipient of the funds to report to the IRS?

Basically he was indicted because he was not truthful (major STUPID) with the feds about what he was doing with his own money? It’s his money. If he wants to pay off a blackmailer, so what?

[Cboldt]

Structuring is making deposits (and news to me, I see withdrawals as well) in a way that doesn't trigger the mandatory bank reporting of large ($10,000) single cash transactions to the IRS.

"Flying under the radar" is a federal felony.