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      07-18-2006, 06:23 PM   #3
Squawks
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Money shouldn't even be "moved around" with privacy, anyways. You should invest it.

Unless, of course, you are attempting to fund terrorism or launder money in illicit ways with the fear of being under the scrutiny of government agencies.

There also isn't really a good reason to "move" cash around, especially if you think you want to give it to someone else. Instead of giving cash to someone else, just help that other person buy whatever he/she desires because if you transfer cash, especially a large sum, to someone else that person will have to file that cash as personal income thus leading that particular sum of cash to be doubly taxed.

In fact, in the U.S., if you make a transaction of $10,000 or more, the bank/institution will ask for your driver's license as they will keep that on your personal (and perhaps IRS) record.
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