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A comment on B.C. vows crackdown after investigation reveals money-laundering scheme. Parent comment

Re:B.C. vows crackdown after investigation reveals money-lau... by Cw67NTN8F on Tuesday February 20, 2018 @12:20PM (#16421991)
Bottom line is that they want the sale. So they have figured a system where they do it x% of the time and get away with it. Maybe they place a part of the cash with another car transaction?

In theory all transactions above $10k in cash must be declared, but penalties are only if you get caught and bonus time /end of qtr is 18 days away.

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Re:B.C. vows crackdown after investigation reveals money-lau... by jandrese on Tuesday February 20, 2018 @12:27PM (#16422060)
Come to think of it, I wonder if the "wife" was there solely to put her name on the transaction so if the feds come knocking it would be her name that they put on the warrant?
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