Last year, U.S. Customs & Border Protection — CBP — in Puerto Rico and the U.S. Virgin Islands seized $10.6 million dollars in unreported currency, smuggled bulk cash, or unlawful currency structuring violations. Last year I called that an overwhelming amount of seized currency.
Most of these customs currency seizures occur at airports, ferry crossings, etc. CBP for Puerto Rico and the U.S. Virgin Islands reported their annual fiscal year statistics for 2014 and this currency seizure number has more than doubled. That is more than overwhelming, it is tremendous… the story also compares currency seizures with those in California, Texas, New Mexico, and Arizona. All areas in which drug smuggling is pervasive.
In Puerto Rico and the U.S. Virgin Islands, CBP officers and agents seized over 51,043 pounds of narcotics with an estimated street value of approximately 650 million and seized approximately $10.6 million in unreported currency in FY 2014, which runs from October 1, 2013 to September 30, 2014.
But later the story says:
Furthermore, $8.4 million of currency interdictions were reported and over 80 firearms were seized.
$8.4M or $10.6M? Who’s counting over there?! And this is the same government that seizes currency for any mis-report who can’t get their facts straight for their news releases.
If you have had cash seized by customs and are contemplating what to do next, please make use of the other information available on this website or call our office at (734) 855-4999 to speak to a customs lawyer, or e-mail us through our contact page. We are able to assist with cash seized by customs around the country, including Chicago, Atlanta, New York, Los Angeles, Orlando and many other places, and not just locally in Detroit. Please read these other articles:
- Seizure of currency and monetary instruments by U.S. Customs
- Seizure for bulk cash smuggling into or out of the U.S.
- Structuring currency imports and exports
- Is it $10,000 per person? Under what circumstances is filing a report with Customs for transporting more than $10,000 required?
- Criminal & civil penalties for failing to report monetary instrument transportation
- Is only cash currency subject to seizure by Customs?
- Responding to a Customs currency seizure
- How do I get my seized money back?
- Getting money seized by U.S. Customs back while staying overseas
- How long does it take Customs to decide a petition for a currency/monetary instrument seizure?
- Statute of Limitations for Currency Reporting Violations
- Filing a Petition for Seized Currency (with Sample and Tips) with CBP