U.S. Customs and Border Protection (CBP) agents seized close to $200,000 in cash from a couple trying to cross the border into Mexico last Friday.
The incident occurred when CBP officers selected the couple’s vehicle for a detailed inspection. During the search, agents discovered several packages filled with money. The two individuals, both Mexican nationals, were also carrying thousands more in cash on their persons.
While carrying more than $10,000 out of the country isn’t illegal, failing to declare it violates federal law. The regulation is in place to combat money laundering, tax evasion, and the financing of terrorism. Those found guilty of not declaring large sums of money can face up to five years in prison.
CBP agents are investigating the seized funds’ origin and intended destination.
