"Actually the filing of a CTR for 10k plus deposits isn't what attracts the notice" Texarkandy
Well, I'm glad to hear that. I assumed that if a person came in with a huge pile of grungy looking stacks of one hundred dollar bills, that person would be likely mistaken for a drug dealer.
I do know that many people in shady businesses have to pay to launder money.
Years ago, I lived in the marina section of San Francisco. Very expensive, even then. I often wondered how my neighbors afforded to live there. Then one day the newspaper had an article about a raid on a nearby house. Among other things they found piles of cash and a bill counting machine.
Every after, I always wanted to have enough cash laying around to need a bill counting machine. Well, as the market sinks, I'm getting there. Even at, soon to be, zero interest rates.
My old boss, now worth about four billion dollars (I think it's more since he has no debt) has an original cartoon painting of Scrooge McDuck over his fireplace, money bags and all. Lucky man.
b.