[foobarian]

Yes OK, but there is nothing illegal there is there? Just wondering what legal tools there are for the police/FBI to interfere. Maybe if they can prove collusion they can confiscate it? Or maybe it's enough to bog one down in trips "to the station" that require taking constant days off or legal fees that become a hassle.

[novok]

You get added to a suspects list, subject to more audits and investigated, which even if your legit is an unpleasant cost itself, and with the amount of things illegal in reality, could still bust you for something nobody cares about, like having some hunting animal bust from great grandpa or whatever.

[yieldcrv]

no you don't lol

the payer was 123 Main St Trust who just bought the property at 123 Main St

the trade is over, it was compliant

when you make enough money the IRS stops being an adversary and that has nothing to do with how well funded the agents are. most of what the IRS does is not enforcement (in number of distinct roles, not frequency or headcount), it is collaboration with wealthy citizens. sooner you learn that, sooner more doors open up for you.

[novok]

When your a wealthy citizen who the IRS understands and your integrated with the US political machine, yes, it's just tax paperwork. When your the kind of person with a lot of abnormal imbalances with cash vs. how they understand you, an outsider to the political machine, your audit score goes up and you get a lot more scrutiny in general, because your a high value target to collect more in taxes and such. You get more unpleasant interactions at any government interaction checkpoint. It's bureaucratic, but still unpleasant and could land you jail and to them, it's just another day at the job where the computer machine said to poke you more.

The person we are talking about here is immigrants with dirty cash basically, not doing it properly, a pretty different kind of person in the US gov's eye, and might be drug related, which is a great career boosting lead for their buddies at the DEA.

[from]

If you are a recurring subject of high value CTRs or CMIRs I think sooner or later you will get a friendly knock from the guys over at Homeland Security Investigations or maybe you'll notice one day you're being followed when you're driving. You still need to say on whose behalf the transaction was conducted in the form 8300.

[emmelaich]

It might be alerted as a suspect transaction. Then the eye of Sauron will turn to you.

https://www.fatf-gafi.org/