For Bulk Cash Smuggling?

Title 31 U.S.C. § 5332 (Bulk Cash Smuggling) makes it a crime to smuggle or attempt to smuggle more than $10,000 in currency or monetary instruments into or out of the United States, with the specific intent to evade the U.S. currency reporting requirements codified in Title 31 U.S.C. §§ 5316 and 5317.

What happens if you get caught smuggling money?

There are both criminal and civil penalties for bulk cash smuggling seizure violations, but not everyone is charged criminally. ... Bulk cash smuggling can result in forfeiture (loss) of the money and imprisonment for 5 years. The civil consequences of bulk cash smuggling are forfeiture of the money.

What does it mean to smuggle money?

Bulk cash smuggling often involves the transfer of large amounts of money that make up the proceeds of an illegal activity. In many cases, the money that is being smuggled is used to fund an unlawful organization.