As much as I want to see that scammer and his family rot in jail , as much as I find "structuring" totally unfair.
If you set the limit to, say "$1 K / day" and then someone does "$1 K / day, everyday", it's not doing anything wrong. Instead of inventing the concept of "structuring", instead write the actual limits more clearly: "$1 K / day, $10 K / year max" (for example). Then it's clear that the limit is $1 K / day max and that you can only do it up to 10 times a year.
For otherwise it's just one of the oh-so-many arbitrary rules invented so that even honest people may be, unknowingly, doing something illegal.
Laws against structuring makes me think of this: "The more numerous the laws, the more corrupt the state".
The state should make the law clear or go fuck itself.
As much as I want to see that scammer and his family rot in jail , as much as I find "structuring" totally unfair.
If you set the limit to, say "$1 K / day" and then someone does "$1 K / day, everyday", it's not doing anything wrong. Instead of inventing the concept of "structuring", instead write the actual limits more clearly: "$1 K / day, $10 K / year max" (for example). Then it's clear that the limit is $1 K / day max and that you can only do it up to 10 times a year.
For otherwise it's just one of the oh-so-many arbitrary rules invented so that even honest people may be, unknowingly, doing something illegal.
Laws against structuring makes me think of this: "The more numerous the laws, the more corrupt the state".
The state should make the law clear or go fuck itself.