Sir Puntalot Posted November 7, 2010 Share Posted November 7, 2010 This is a warning to anyone, and I know there have been a few of us that have taken more than that into the US. http://www.detnews.com/article/20101104/METRO/11040447/1409/metro/Windsor-casino-winner-might-keep-part-of-winnings-after-seizure This guy will probably be fined half of his winnings! Ouch! :eek Quote Link to comment Share on other sites More sharing options...
Sir Puntalot Posted November 8, 2010 Author Share Posted November 8, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings Surprised nobody found this interesting, maybe my thread title wasn't the best - changed it now. :ok Quote Link to comment Share on other sites More sharing options...
morlspin Posted November 9, 2010 Share Posted November 9, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings Madness, what a tool!:loon Quote Link to comment Share on other sites More sharing options...
Valiant23 Posted November 9, 2010 Share Posted November 9, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings Okay, so what happens if you take over $10k into the US? From what believed, it was forbidden, but what I read there was that you can take it if you can prove its yours legally. :unsure Quote Link to comment Share on other sites More sharing options...
Sir Puntalot Posted November 9, 2010 Author Share Posted November 9, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings Okay, so what happens if you take over $10k into the US? From what believed, it was forbidden, but what I read there was that you can take it if you can prove its yours legally. :unsure They can confiscate it if you haven't declared it. :loon Quote Link to comment Share on other sites More sharing options...
dik9 Posted November 9, 2010 Share Posted November 9, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings Is this B'ham uk or B'ham Alabama? Quote Link to comment Share on other sites More sharing options...
Sir Puntalot Posted November 9, 2010 Author Share Posted November 9, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings I assumed it was UK. :unsure Quote Link to comment Share on other sites More sharing options...
slapdash Posted November 10, 2010 Share Posted November 10, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings I think it's Birmingham, Michigan. Quote Link to comment Share on other sites More sharing options...
Valiant23 Posted November 11, 2010 Share Posted November 11, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings They can confiscate it if you haven't declared it. :loon Yeah sorry mate, should have been clearer. What I mean is, What would happen if you turned up at Customs and when they ask if you have over $10k and you say "Yes, I have (say) $15,000 for my holiday in Vegas". Will they confiscate it, or ask you for some kind of proof? If they asked you for proof, what would count? A bank statement? I mean I know $10k is a lot of money, but its getting less every year. It won't be too long before that amount would be 'normal' spending money for a 2/3 wk holiday. Quote Link to comment Share on other sites More sharing options...
AJ Posted November 14, 2010 Share Posted November 14, 2010 Re: The $10k rule - Birmingham Man could be fined half his winnings you can carry as much cash over the border as you like, as long as you declare it. It's to combat money laundering, tax evasion and profits over overseas crime being repatriated. Almost ever country in the world has this rule. Why would you try and hide the cash ? Just tick the box and tell the truth Quote Link to comment Share on other sites More sharing options...
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