Quote:
Originally Posted by Ford Prefect
I can't say what the process is in the US, but in Canada if somebody cashes in more that $10K, there's a bunch of forms that have to be filled out, and receipts given. The reason for this is to scrutiinze for money laundering ... pimps and dealers like to use casinos to launder money. I've been the general manager at charity casinos in Calgary on two occasions, and this is one of the things our casino advisor drilled into us. I believe you even have to go through a scrutiny/papework process if depositing or withdrawing over $10K in cash from your own personal bank account ... I could be wrong about that though. Any bankers out there who can back that up, or debunk it?
At any rate, I doubt US casinos are any less vigilant about large payouts than Canadian casinos, so it doesn't wash that the guy would have a quarter million in casino winnings, but no receipts or other paper work to support it.
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That's what I'm thinking. Even if he unwantingly consented to a search, shouldn't he have the paperwork?
But I'm also gonna ask if anyone drives around with $275k in their trunk (and as opposed to posting your car's make, model, and plate number you can just PM me
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