Quote Originally Posted by spqrzilla View Post
There is no law regarding how much cash you are allowed to carry. The $10,000 number is how much the bank must report if you make a deposit or withdrawal in cash. (And multiple $9,999 transactions to avoid the report is a crime too).

The problem is that if police find a large amount of cash, they confiscate it - claim that its the proceeds of crime - and make you prove its not.
Someone tell me exactly how in the h**l this is not a violation of the 4th and possibly 5th amendments.

BTW, I've been very aware of this law for the past 25 or so years and it still p**sses me off!