How on earth do you consider withdrawing your own money in amounts LESS than the maximum permitted by law to be a criminal activity? Never mind the unconstitutionality of the $10,000 limit to begin with.
If the law says the limit is $10,000, then by definition, anything less is perfectly legal.
I hope you’re right. But I am becoming increasingly disillusioned by politicians on both sides. Things need to change, and they need to change fast.
Plus it proves they are monitoring ALL transactions, not just those as deemed "legal"
” anything less is perfectly legal.”
“Structuring” is legal term that means when people do things in increments just under $10,000 to avoid having to report.
I had no idea withdrawals were covered; thought it was just deposits.
The has a clause about knowingly ‘structured’ withdrawals to avoid drawing federal attention.
Still I agree with you. If it is your own money...it should not be anybody’s business but your own whether it is 5,000 to 25,000.