[103110] in Cypherpunks
Re: IP: Tougher laws are sought to seize cash
daemon@ATHENA.MIT.EDU (Duncan Frissell)
Sun Sep 20 10:36:15 1998
Date: Sun, 20 Sep 1998 10:23:51 -0400
To: Robert Hettinga <rah@shipwright.com>, cypherpunks@cyberpass.net
From: Duncan Frissell <frissell@panix.com>
In-Reply-To: <v0401172fb22954e840e2@[139.167.130.247]>
Reply-To: Duncan Frissell <frissell@panix.com>
>It now is illegal to try to leave the country with more
>than $10,000 in currency without reporting it to U.S.
>Customs officials. Violations are punishable by up to
>five years in prison and seizure of the money. But in
>June, the U.S. Supreme Court dealt a serious blow
>to efforts to seize the unreported cash, ruling in a
>precedent-setting case that such seizures often
>violate constitutional protections against "excessive
>fines."
Here's the case:
http://laws.findlaw.com/US/000/96-1487.html
DCF
