When it comes to protecting smuggling Federal police and other agencies are quite vigilant. Specialized body called The Financial Crimes Enforcement Network (FinCEN) works exclusively with the cases that pertain to financial crimes. This makes the ports and airports quite airtight when it comes to dollar smuggling. In a latest development FinCEN has worked in close coordination with the Attorney’s office to access $250,000 of civil money penalty.
This has come against the C.E.O of Cyber Boy Corp (CBC) Sr. Roy Andrade. The action was taken on Christmas day for cash smuggling in the U.S. According to FinCEN, cash was smuggled in the country from England on multiple visits without filing the required form from FinCEN. Anyone carrying U.S currency more than the permitted amount has to fill a FinCEN Form 105 with the Customs team.
The permitted amount is $10,000 in currency. According to Section 5316, if an individual is carrying more than $10,000, then information must be provided with the Customs Border Protection team.
In the said case, the authorities involved are from the United States Secret Service, Federal Bureau of Investigation, Homeland Security Investigations and The Internal Revenue Service-Criminal Investigation Division.
Sr. Roy Andrade, an American national, was arrested in England on the day of Christmas. CBP officers seized roughly £310,000.00 in undeclared currency from Sr. Roy Andrade. This was done after a complaint that was filed by the United States government for the violation of 5316. Sr. Roy Andrade was extradited to California.
In self defense, Sr. Roy Andrade stated that even Jesus was flogged and arrested. He later clarified that he isn’t comparing himself directly to Jesus and was just citing an example and stating his innocence.
