Transporting large wads of cash to tunica

[MicroBob]

[ QUOTE ]
As a memphis native, I can tell you that you wouldn't want to be in any of those locations with $500k on you.

[/ QUOTE ]


Yeah...that's exactly what I was thinking.

On East Brooks Rd????
LOL!!
$50 might be dangerous enough....let alone $500k!!
Just not a very good idea.

[cardcounter0]

There are 18 BOA locations in Memphis. These were just the three closest ones to Tunica. I'm sure out of the 18 locations, you pussies could find one you felt safe at. Of course, the really funny part would be one of you idjits actually having 500k to withdraw.
[img]/images/graemlins/grin.gif[/img]

[ShawnHoo]

When did these laws get passed? I thought the only rules surrounding cash were that banks had to declare if did a cash transaction of more than $10K and that a person is required to declare if they have $10K or more on them when entering/exiting the U.S.

[cardcounter0]

It started in 1984, where have you been? It was added to by the Patriot Act -- ever heard of that one?

Here is one from 1991, in the State of TN:

February 27, 1991.

Willie Jones, a second-generation nursery man in his family's Nashville business, bundles up money from last year's profits and heads off to buy flowers and shrubs in Houston. He makes this trip twice a year using cash, which the small growers prefer.

But this time, as he waits at the American Airlines gate in Nashville Metro Airport, he's flanked by two police officers who escort him into a small office, search him and seize the $9,600 he's carrying. A ticket agent had alerted the officers that a large black man had paid for his ticket in bills, unusual these days. Because of the cash, and the fact that he fit a "profile" of what drug dealers supposedly look like, they believed he was buying or selling drugs.

He's free to go, he's told. But they keep his money - his livelihood - and give him a receipt in its place.

No evidence of wrongdoing was ever produced. No charges were ever filed. As far as anyone knows, Willie Jones neither uses drugs nor buys or sells them. He is a gardening contractor who bought an airplane ticket. Who lost his hard-earned money to the cops. And can't get it back.
~*~*~*~*~*~*~

[peachy]

Thats only one of 92340929423094902 instances. Sometimes u can get the money back, but i know when i have to go close a bid or pay our contractors i have to be VERY careful because of this law. But like i said...i guess it all depends on if u get a jerk for a cop or not!

[peachy]

Here is a link to another article with this in it:

Sexton says one of his clients -- the brother of a prominent state lawmaker -- was detained after paying cash for a ticket to Florida for a trip to the dog races. When agents found $30,000 in cash, Sexton says, they took it.

In the Amtrak case, a Vietnamese man paid cash for a one-way ticket from California to Boston. When a DEA computer linked to Amtrak's New Mexico office flagged the passenger, agents boarded the train and asked to search his belongings. They didn't find any drugs, but they found $149,000, which the man said were gambling winnings. In fighting to get his money back, the man's lawyer uncovered the arrangement by which Amtrak is entitled to 10 percent, unless his lawyer wins back the money -- minus legal fees, of course.

http://www.alternet.org/story/11340/

[peachy]

Im kinda shocked more people didnt know about this and that they r baffled by its exsistence...especially with this being a "gambling" forum

[bigfishead]

1k-2k

[bigfishead]

they just bought some greenbirds from the cage....$25 1/2 hr for 2 players, $50 for 4...Plus $25 for the dealer per 1/2 hr. No other tokes recieved for me or any others that I am aware of.

[other1]

Interesting. How does $25/half hour compare to the tips you would get if you were dealing, say. 6/12? I'm guessing its close or even less.