LAREDO, Texas – U.S. Customs and Border Protection (CBP) Office of Field Operations (OFO) officers working outbound operations seized over $91,000 in undeclared currency in a single enforcement act.
“CBP conducts outbound enforcement operations to protect against unreported exportations of bulk U.S. currency, which often can be proceeds from alleged illicit activity, or currency that funds transnational criminal organizations,” said Acting Port Director Eugene Crawford, Laredo Port of Entry. “This currency seizure exemplifies our commitment to enforcing U.S. laws and federal currency reporting requirements.”
The enforcement action occurred on Thursday, March 25 at the Juarez-Lincoln Bridge, when officers assigned to outbound operations selected a 2017 Chevrolet Equinox traveling to Mexico for inspection. A 30-year-old male United States citizen driver and 19-year-old female passenger were referred for a secondary examination. Upon physical inspection of the drivers’ clothing, packages containing $91,116 in undeclared U.S currency were discovered.
The currency was seized by CBP. Both subjects were arrested, and the case was turned over to U.S. Immigration and Customs Enforcement-Homeland Security Investigations (ICE-HSI) special agents for further investigation.
Individuals are permitted to carry any amount of currency or monetary instruments into or out of the U.S., however, if the quantity is more than $10,000, they will need to report it to CBP. “Money” means monetary instruments and includes U.S. or foreign coins currently in circulation, currency, travelers’ checks in any form, money orders, and negotiable instruments or investment securities in bearer form. Failure to declare may result in seizure of the currency and/or arrest.