re: #151 Michele: Recovering Social Media Addict

Financial institutions already have to report transactions of a over a certain amount($10K iirc). If there is an excessive amount of cash transactions in a short period of time, THAT will trigger the filing of a Suspicious Activity Report (SAR) to the IRS. Frequent deposits/withdrawls of small amounts will also trigger a SARs as it could be a sign of money laundering or drug dealing. It could also be a clue that someone is trying to hide assets as well.

And bank employees can report suspicious activity of any size. Like these guys that think themselves clever to deposit somewhat under $10,000 cash at a time.