Some people don’t trust banks. This distrust can lead to criminal charges if you opt to carry around large amounts of cash. This might be shocking to some people who think that as long as you got the money legally, there isn’t any reason why you shouldn’t be able to carry your own money around.
Unfortunately, we live in a world that seems largely governed by suspicion. Police officers who stop someone who has large amounts of cash on him or her might automatically assume that the person came upon the money illegally.
Money laundering, drug sales and other illegal activities are all associated with large amounts of cash. If you have a lot of cash that you need to carry with you, be ready to defend the source of the case if it comes to it.
Another thing that you might not realize is that large amounts of cash can be used as a reason to do a search. The link between large amounts of cash and illegal activities establishes the possibility for law enforcement to do this.
There are some cases in which your cash might be seized, which is possible if the officers think it was made illegally. If this happens and the seizure was for cash that wasn’t made illegally, you might be able to get the money back if you file proper paperwork.
It is always difficult to deal with criminal charges and other aspects of cases like this. It is imperative that you learn about the options you have for handling your case so you can take appropriate actions to assert your position.
Source: FindLaw, “How Stacks of Cash Get People Arrested,” George Khoury, Esq., accessed Feb. 10, 2017
