DULLES, Va. (DC News Now) — U.S. Customs and Border Protection (CBP) officers seized over $111,000 in unreported currency in August, officials stated.
While there is no limit on how much money travelers can bring into or take out of the U.S., federal law requires travelers to report currency of $10,000 or more to a CBP officer. These travelers will have to complete a U.S. Treasury Department form.
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CBP said that officers seized nearly $20,000 on Aug. 21 from a traveler flying from Cairo, Egypt. They then seized $14,300 on Aug. 14 from a traveler heading to Rome, Italy, and $77,135 on Aug. 2 from a traveler going to Lome, Togo.
CBP said that the traveler going to Togo was a Global Entry traveler — but since he violated the terms of his trusted traveler agreement, his status was revoked.
“Federal currency reporting laws are essential in helping CBP to ensure our nation’s economic and financial security, and to protect our most vulnerable citizens from becoming unwitting victims of financial crimes,” said Christine Waugh, CBP’s area port director for the Area Port of Washington, D.C.
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