IP: Tougher laws are sought to seize cash

[Duncan Frissell]

>It now is illegal to try to leave the country with more
>than $10,000 in currency without reporting it to U.S.
>Customs officials. Violations are punishable by up to
>five years in prison and seizure of the money. But in
>June, the U.S. Supreme Court dealt a serious blow
>to efforts to seize the unreported cash, ruling in a
>precedent-setting case that such seizures often
>violate constitutional protections against "excessive
>fines."

Here's the case:

http://laws.findlaw.com/US/000/96-1487.html

DCF