Thread: Depositing Large Sums of Cash
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Old 03-04-2005, 04:50 AM
mason55 mason55 is offline
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Join Date: Sep 2004
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Default Re: Depositing Large Sums of Cash
Banks are required to report deposits larger than 10k to THE MAN. If you're trying to avoid taxes or you're involved in other shady dealings then you don't want this. As long as you're on the up and up then it's fine to deposit large amounts of cash, just know that you'll be under scrutiny.
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