Funneling money to Mexico?

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Question:

A woman wants to deposit cash into her sister’s account that she is not an owner or signer on. Can she?

Answer:

While it seems harmless, this is a technique that money launderers use to get money into the banking system and then move it. As such, it is a concern under the Bank Secrecy Act.
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Learn more about Deborah Crawford’s webinar Personal Accounts: Vital Questions