It’s not inflation, the level never made sense when it started. Maybe $1M, but e... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		valuearb on Sept 20, 2020 \| parent \| context \| favorite \| on: FinCEN Files show trillions in tainted dollars flo... It’s not inflation, the level never made sense when it started. Maybe $1M, but even the basis of this reporting makes little sense. Go deposit $9,000 in cash at your bank. Later in the same day deposit $1,000. You just committed a federal crime called structuring.

heavenlyblue on Sept 20, 2020 [–]

The idiocy of this crime is that technically it’s not that hard to make an SQL query to easily detect when someone deposits 10K over a single day so that shouldn’t be even an issue for law enforcement in the first place

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact