Has Texas CBP Seized Your Money?
If Texas CBP seized your money, we urge you not to try to do it yourself. You will not be happy with the outcome.
Most cash seizures are for failure to report cash to Customs when traveling internationally with more than $10,000 (“failure to report”). The law that requires the report is 31 USC § 5316, and requires that any person traveling internationally give Customs a FinCen 105 form/report at or before the time of arrival or departure if they are transporting more than USD $10,000 or its equivalent. The law was intended to give the government tools to more easily detect and seize money from illegal sources or for illegal uses, such as drug dealing, money laundering, tax evasion, and other crimes. Failure to report cash is a serious violation of the law.