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Reading through these comments, I see quite a bit of ignorance. A lot along the lines of, "Why would you ever carry cash!?" Which fortunately a lot of cogent co
by zorrb 12y ago
Reading through these comments, I see quite a bit of ignorance. A lot along the lines of, "Why would you ever carry cash!?" Which fortunately a lot of cogent comment have successfully answered. Another is, "Why would you carry that much cash it's so RISKY?"
As someone whose had to carry around five figure sums around quite a bit in the past because of my profession (hint: it rhymes with "rambling") my far and away, it's not even close, fear is having the money taken by cops from an illegal search. This fear is justified because I've never been mugged or robbed and no one I know who was in the same line of work has either. But I know MANY people who have had funds seized by cops. ESPECIALLY in the south. Actually the horror stories I personally know about have happened only in the south.
Usually it's the cop seeing an out of state license. Pull you over, lies and says you were "swerving" or refuses to give you a reason. Then forces you out of the car, takes the money and sayonara.
- PeterisP 12y agoAre you speaking about the seizure process described in the article or just plain old theft?
- zorrb 12y agoTheft under the guise of, "oh this must be drug money". I think the article mentions the average amount taken is something like ~$8k. That's 8-10months of legal fees. AND IF YOU DON'T LIVE where they took it, you'd have to GO THERE to go to court. That's why in places like Missouri they love pulling over out of state licenses because they know if you live in California you aren't going to be coming back to contest their shenanigans.
- oh_sigh 12y agoWhy couldn't you deposit the money in a bank, and withdraw it as close to the casino as possible?
- ams6110 12y agoBank deposits and withdrawals of over $10,000 (?) trigger additional paperwork, FBI or IRS reports, etc.