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is it illegal to have in your possession over a certain amount of cash?
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is it illegal to have in your possession over a certain amount of cash?

someone got pulled over by the police in florida and they confiscate over $20,000 from him,even though he explain where he got the money and what it was for


    




2009-05-06 15:07:49 +0000
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It would appear to be suspicious to have that much cash on you. The police would immediately suspect that you were a drug dealer or a thief. But it is not illegal.


2009-05-06 15:06:40 +0000
Its not Illegal, to much cash might arouse suspicion though.


2009-05-06 15:06:39 +0000
ya i would think it was drugs to are he stole it


2009-05-06 15:15:12 +0000
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Back when I was working, I carried large amounts of money. I always kept my accounts book with me so I could explain why. It is legal to carry any amount of money in the USA. If they confiscated the money they must be awfully sure he did something wrong, either that, or they don't care about lawsuits.


2009-05-06 15:07:06 +0000
no but it is suspicious.


2009-05-06 15:07:13 +0000
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it was not about having the $20,000. My dad has alot of money and it's not illegal if it's your own. He prob had it b/c of drugs or something. If you have drug money, then that is what is illegal.


2009-05-06 15:06:42 +0000
Sounds sketch. It's my money, as long as I obtained it legally then screw em.


2009-05-06 15:32:22 +0000
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Not if you got it in an legal manner.And they can't take it without reason.


2009-05-06 15:12:39 +0000
Sounds like another case of cops going over the line. Hopefully that person will get his money back.


2009-05-06 15:10:12 +0000
Yes, if you have that much money on you, you have to have a letter from the bank you withdrew it from stating when you withdrew it and why you are carrying so much.

It's not really illegal, but the police can confiscate the money and you have to prove your intent to have that much was not for illegal purposes, by default they assume it is.


2009-05-06 15:07:28 +0000
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I had a friend whos dad was caught in Italy i think with alot of cash - they held him in custody - but only until they found out where the money came from - once they were certain the money was completely legal they let him go.


2009-05-06 15:09:48 +0000
i don't think it is illegal, but they do confiscate it for suspect, and since all cash basically has cocaine residue on it, they have a way to hold that money somehow. get a lawyer. they tend to profile minorities also Mexican foreign nationals are the prime target because the cops know they pool cash together sometimes to make purchases like a car.





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