Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 exptools 1/6/84; site ihu1g.UUCP Path: utzoo!watmath!clyde!burl!we13!ihnp4!ihu1g!fish From: fish@ihu1g.UUCP (Bob Fishell) Newsgroups: net.flame Subject: Re: Cash =? Criminality Message-ID: <174@ihu1g.UUCP> Date: Mon, 30-Jan-84 17:51:01 EST Article-I.D.: ihu1g.174 Posted: Mon Jan 30 17:51:01 1984 Date-Received: Sun, 5-Feb-84 12:04:05 EST References: <1255@ittvax.UUCP> Organization: AT&T Bell Labs, Naperville, IL Lines: 12 The reason for this is the drug trade. Large-scale dealers like to buy houses instead of renting them, to keep the landlord out of the picture. Transactions are often made in cash, since keeping lots of money in one's bank account attracts the IRS and other unwanted parties. I think that Florida, or some other high drug-traffic state, passed a law a few years back requiring that large cash transactions be reported to the authorities by the financial institution receiving the cash. Can anybody follow up on this? -- Bob Fishell ihnp4!ihu1g!fish