SAN JUAN, PUERTO RICO—U.S. Customs and Border Protection (CBP) officers seized $34,685 in unreported currency last Thursday from a passenger arriving at the Luis Munoz Marin International Airport from Venezuela.
Tetsuro Nakada, 64, of Florida, failed to accurately declare having in his possession $15,335 and seven (7) checks totaling $19,350.
Nakada provided incorrect information concerning the amount of money he was carrying to federal agents. CBP officers found an envelope with $12,000, another envelope inside a book with $3,335, and a small plastic bag with 7 checks totaling $19,350.
The currency was seized under bulk cash smuggling laws. Homeland Security Investigations (HSI ) special agents arrested Nakada and will proceed with an investigation.
"The unreported cash that we seize has an impact on criminal organizations by making it more difficult for them to further their illicit activities," said Juan Hurtado, San Juan Area port director. "CBP officers remain vigilant generating important enforcement activity regularly."
Individuals are permitted to carry any amount of currency or monetary instruments into or out of the United States. However, if the quantity is $10,000 or higher, they must formally report the currency to CBP. Failure to report may result in seizure of the currency and/or arrest.
U.S. Customs and Border Protection is the unified border agency within the Department of Homeland Security charged with the management, control and protection of our nation's borders at and between the official ports of entry. CBP is charged with keeping terrorists and terrorist weapons out of the country while enforcing hundreds of U.S. laws.