I HAD A FIRST !!!!!!

[Mr J]

Lets see who gets this right. To be honest, I didn't know, I had to ask. I NETTED 3K today, very happy. I had to show ID (at the cashier cage). They took down name and my description, nothing else (thats a clue for you). Why did they do that? Ken

[xman1970]

Lets see who gets this right. To be honest, I didn't know, I had to ask. I NETTED 3K today, very happy. I had to show ID (at the cashier cage). They took down name and my description, nothing else (thats a clue for you). Why did they do that? Ken

Err... Does that mean you are now a "watched man" ?


Congrats on the win.....

[Mr J]

Nope. Next guess.  Ken

[xman1970]

To put you on their "mailing list" ?

[Mr J]

Nope, it was mandatory.  Ken

[xman1970]

Nope, it was mandatory.  Ken

Some kinda USA tax form ? I forget the name of it......


I going to assume I'm wrong again  In which case I'm 3 strikes n out..... I willl check in for the answer though...

[Mr J]

No, at first thats what I thought but no SS# or drivers license number was recorded. I have this question on 3 boards, we'll see which gets it right first. Ken

[ozshabs]

to mail you a cheque for your winning amount...??

[Mr J]

No, I got cash. No address was recorded, nothing to do with taxes.  Ken

[xman1970]

I have this question on 3 boards, we'll see which gets it right first. Ken

Well at least you will get some replies here....

@ozshabs

I have a feeling Ken is a cash kinda guy.....

[Kimo Li]

To give you a comp

[esoito]

They get a spotters fee from the local cops.

[Herb]

Ken,

I'm guessing this was your first time cashing out that much.

They took your ID because you cashed out more than 3k.  Next time, you should only cash out 2900 at a time, and refuse to show ID.  Be smart about it next time.  Just tell them that you left it in your room. 

  They want to keep track of where the money is going in an effort to track money laundering, etc..  It makes it easy to follow such people.  If you cash out over 10k within a day, then they will also fill out a CTR on you as well.  They also may not tell you that's what they are doing.
Regards,

Herb                                                                                                                                                                          /.\

[xman1970]

What's a CTR pls Herb?


thanking you in advance.....

[Herb]

Cash Transfer Record.  This is reported to the IRS. 

By the way, In Canada, they require a CTR at only 3k.


-Herb                                                                                                    /.\

[Herb]

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