Money Consfiscated At Airport?!

K

Kervork

Well-Known Member
Smelled like marijuannnnna eh? Surprised it didn't smell like cocaine. Funny though, every time I tried to smell cocaine it just made my nose burn.

Ironically gold, platinum, rare earth metals, collectible stamps or baseball cards those are ok. If I ever need to smuggle millions of dollars out of the country it will be in the form of a stamp with an upside down plane on it.
 
curious2garden

curious2garden

Well-Known Mod
Staff member
colonuggs said:
No, it is not illegal to have that amount of money on you, but unless you can prove that you acquired that money from a legitimate means you can lose that money to the government.

It is called asset forfeiture. It normally occurs during a routine traffic stop. If police discover a large amount of cash (with or without the presence of drugs) they can and often do seize the cash. This becomes a problem for you because while under our constitution a person accused of a crime is never required to prove that they are not guilty , it is always the burden of the state to prove the guilt of an accused beyond a reasonable doubt, this is not true in asset forfeiture cases.

If the police seize your money, the district attorney then gives you a notice of seizure. If you fail to respond to that within ten days you can and often do lose the money. If you respond timely then another series of legal petitions and answers are required and most people fail to file the appropriate paperwork to get the money back timely. Only a lawyer well versed in asset forfeiture law can really help you. It is a catch 22 because in order to get the money back you have to first admit you are the owner, this often implicates people in a crime if they cannot show that it was derived from legal means.

The burden becomes yours (which appears unconstitutional) to request a hearing and to then show that the money is yours form legal sources. The police often seize money even cars even without the presence of drugs under this theory. If drugs are present and money is not the police argue that the drugs have not been exchanged for money yet. If the large amount of money is present but drugs are not the police then argue that the money is the product of an illegal transaction (the prior sale of drugs). Unless you can show through bank statements, casino winnings, or pay stubs that the money you are carrying is yours from a legal source I highly recommend you not carry large amounts of cash on your person or in your car, and do not keep large amounts of cash in your home.....Dont fly with large amounts of money
Click to expand...

This ^^^^^^^^^^^^^

You know it's like the US is turning into a bad joke. I remember the old films where the corrupt 'foreign' government made statements like they were taking the money and if it was yours they would return it to you. I think there was even a scene of that in Casablanca (if I remember right and this could be wrong). So now our government is acting like a bad episode of serial TV. sigh......
 
colonuggs

colonuggs

Well-Known Member
Figong said:
What's in bold is only accurate if it's under 10000 dollars. Anything over 10000 has to be declared and the shit starts to fly.
Click to expand...

The figure you are referring to is the under 10k rule. This applies when you make a bank deposit or withdrawl or you purchase anything over ten thousand dollars in cash.... the bank or the place of purchase is then required to report that to the IRS.


You can have $10,000 cash or more on your person its not illegal...just know if law enforcement sees it you will have to prove where it came from

Currently some banks like US bank are changing that amount to anything over $2000
 
doublejj

doublejj

Well-Known Member
colonuggs said:
The figure you are referring to is the under 10k rule. This applies when you make a bank deposit or you purchase anything over ten thousand dollars in cash the bank or the place of purchase are then required to report that to the IRS.

You can have 10,000 cash or more on your person its not illegal...just know if law enforcement sees it you will have to prove where it came from
Click to expand...
It means they will seize it, & you'll have to prove where it came from. (at your cost)
 
oldtimer54

oldtimer54

Well-Known Member
Kervork said:
Smelled like marijuannnnna eh? Surprised it didn't smell like cocaine. Funny though, every time I tried to smell cocaine it just made my nose burn.

Ironically gold, platinum, rare earth metals, collectible stamps or baseball cards those are ok. If I ever need to smuggle millions of dollars out of the country it will be in the form of a stamp with an upside down plane on it.
Click to expand...
I think I've heard or read somewhere that a large majority of our paper currency has traces of illegal drugs that can be detected by a drug sniffing dog...........why travel with 50 k you are just asking for trouble legit or not
 
colonuggs

colonuggs

Well-Known Member
oldtimer54 said:
I think I've heard or read somewhere that a large majority of our paper currency has traces of illegal drugs that can be detected by a drug sniffing dog...........why travel with 50 k you are just asking for trouble legit or not
Click to expand...
anywhere from 60%-90% has cocaine residue.. even new bills that come out of the ATMs have residue

My Bro drove from Florida to Colorado with over 100k ...got pulled over too....they dont see it is not there
 
Figong

Figong

Well-Known Member
colonuggs said:
The figure you are referring to is the under 10k rule. This applies when you make a bank deposit or withdrawl or you purchase anything over ten thousand dollars in cash.... the bank or the place of purchase is then required to report that to the IRS.


You can have $10,000 cash or more on your person its not illegal...just know if law enforcement sees it you will have to prove where it came from

Currently some banks like US bank are changing that amount to anything over $2000
Click to expand...
I agree with what you've said, unless it falls under Section 5332 - the OP didn't tell us whether or not it was leaving the country or not.. so that plays a part. If it was over 10k and leaving the country, it has to be declared.. if they find it concealed in any bag/luggage/carry-on, etc, or find it on body search after suspicion the penalties detailed in 5332 come into play, from my understanding. I also hope that my initial wording didn't come across as combative - was not how it was meant in any form.
 
R

ricky6991

Well-Known Member
Sounds like your buddy was pinpointed for other reasons prior to taking a flight... since your on mj forum its not much to assume he was doing something illegal with it by not just tell airport he traveling with the cash cause that would have saved him the trouble.

suck cause he prob wwon't see the money, unless he pays 30% i think an then fights for it... since the mj cards came out everywhere, I swear they cracking down on other movements. Cash flow, mailing product ect... now they see easy to legally make product so they nailing other aspects(mailing, exchanging it)... just been alot of what i seen more often this year anyways.
 
R

ricky6991

Well-Known Member
Funny cause them taking 30k from dealer and having charges an IRS problems is worst then a posession charge or manufacturing/delivery charge for some probation... unless you big time and then its fair game to raid and just with anything without regard to state law letting you.
 
Jersey'sFinest

Jersey'sFinest

Active Member
I'm sorry that your buddy's loot got jacked, but quite honestly if he had $50 Grand, he should've fucking hired a private jet. Common Sense.
 
Figong

Figong

Well-Known Member
Jersey'sFinest said:
I'm sorry that your buddy's loot got jacked, but quite honestly if he had $50 Grand, he should've fucking hired a private jet. Common Sense.
Click to expand...
haha, the irony of that.. I recommend that no one try to move cash or anything else on the ground - no one listens.
 
You must log in or register to reply here.
Top