U.S. Customs is reporting on more cash seizures by its officers at Dulles Airport in Sterling, Virginia. Just last week, I commented on a story where CBP seized cash from 3 groups of people, all coming from or going to Africa. In this story below, two Ghanaian men had $29,019 seized by Customs agents for violating the currency reporting regulations requiring a report for in-bound and out-bound cash transportation of more than $10,000.
In the last story, I warned Dulles strictly enforces a penalty of 50% of the seized cash for anyone involved in a structuring or bulk cash smuggling offense, even if it’s a first offense. In this case, I’ve got a good idea who is about to lose a serious amount of cash, because CBP “discovered $8,504 inside a pair of shorts [one of the men] wore under his pants.” So….
BULK CASH SMUGGLING ALERT
Here’s the CBP narrator telling the story (full story here):
STERLING, Va., — U.S. Customs and Border Protection (CBP) officers seized more than $29,000 from cousins traveling to Ghana Monday at Washington Dulles International Airport.
Since July 1, CBP officers at Dulles have recorded seven unreported currency seizures that totaled $180,819.
In the latest incident, CBP officers seized $29,019 from two cousins who initially reported they possessed $9,115. During an examination, CBP officers discovered $615 in one man’s wallet and an additional $18,900 in his carry-on bag. Officers then discovered $8,504 inside a pair of shorts the other man wore under his pants, and $1,000 in a checked bag.
CBP officers permitted the two Ghanaians numerous opportunities to truthfully report, both verbally and in writing, their total currency, before officers discovered the unreported currency.
Travelers may carry as much currency as they wish into and out of the United States. Federal law requires that travelers must report all U.S. and foreign monetary instruments totaling $10,000 or greater on a U.S. Treasury Department financial form. None of the currency is taxed.
Has Dulles CBP seized your cash?
If Dulles CBP seized your cash, beware that you stand to lose a lot of it because of their aggressive penalization of bulk cash smuggling and structuring offenses. You should read our trusted customs money seizure legal guide and contact our customs lawyer for a free cash seizure consultation by clicking the contact buttons on this page.