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BigThief wrote

This is useful for the US and it's territories.

You do not want to make any transaction over $9,999.99. Anything over that amount the bank is federally required to notify the IRS. However, this does not prevent the bank from contacting the IRS, ATF, or local police if they believe the funds are involved with any criminal enterprise. This is for both business and personal accounts.

  • I would open many accounts with different banks.
  • Use the cash and buy money orders to deposit.
  • Use the cash and buy gift cards to stores you frequent.
  • Use the cash and buy VISA, Mastercard, and Amex cards to pay for goods and services.
  • When you file your taxes declare the income and pay taxes on it. Unless you are talking about $250,000+ it is highly doubtful the IRS is going to contact local law enforcement.
  • I know people who run gambling games and they declare the income at the end of the year. They have done this for over a decade and have not had any investigations that were brought to their attention. It is a serious crime to not pay taxes. It is also one of the few crimes that most every country will deport you back to the US for.

masque wrote (edited )


In the US, deliberately keeping your deposits below $10000 to avoid reports is a crime called "structuring", even if the money is earned legally. Here's an article about how easy it would be to break this law by accident, and here is one case of exactly that happening.

Needless to say, since this is a crime, banks do specifically keep an eye out for this behaviour, so in the long run you will still attract suspicion, plus you'll be violating the classic rule "only commit one crime at a time."