*This message was transferred with a trial version of CommuniGate(tm) Pro*
At 18.13 08/03/00 -0800, PATRICIA wrote:
>Actually, the $10,000 reporting situation... more than just the IRS ..
There is a real-time currency
>transfer monitoring system that is referred to as "Fin-Cen">and it's
purpose is to flag suspicious transactions >that>may be related to drug
money or money laundering operations...
>Patricia Gibbons - mailto:wa6ube@tactical-link.com
>>From: Mel Miller <nourmahal@worldnet.att.net>
>>Subject: [MV] Reality Check
>>
Something you guys failed to notice is that when a person >>withdraws or>>
deposits ten thousand dollars or more the bank is required to report this
transaction ...
>> Drive On!
>> Mel Miller
>> Former Federal Financial Institutions Examiner
Mar 9 2000
Yes! We have something like it here on the other side of the "Big Pond"! I
do not remember the amount of money at the moment, but all
transactions/checks through Bank (and the Post Office!) are registered:
this was established years ago for "anti-Mafia" purposes...
Regards,
Raimondo - M.V.P.A. 15878
(Need for presents or collection decorative ceramics? For the best original
handmade Italian Ceramics of Capodimonte, please check here:
http://www.ceramicofnaples.it)
This archive was generated by hypermail 2b29 : Tue Apr 04 2000 - 21:57:10 PDT