CBP officers seize over $65K in unreported currency at Pharr International Bridge
PHARR, Texas – U.S. Customs and Border Protection officers at Pharr International Bridge seized more than $65,000 in unreported currency hidden within a vehicle during an outbound examination.
“Our frontline CBP officers utilized their training and experience along with technology in the outbound environment and prevented a significant amount of unreported currency from going south,” said Port Director Carlos Rodriguez, Hidalgo/Pharr/Anzalduas Port of Entry. “These types of bulk cash seizures, often proceeds from illegal activity, deny transnational criminal organizations the ability to profit from their illicit enterprises and exemplify CBP’s ongoing commitment to our priority border security mission.”
The seizure occurred on Thursday, October 24 at the Pharr International Bridge when a CBP officer referred a red Ford pickup that was headed southbound for Mexico for secondary inspection. A physical inspection of the vehicle resulted in the discovery of five bundles hidden within the vehicle resulting in the seizure of a total of $65,948 in unreported currency.
CBP officers seized the currency. Homeland Security Investigations special agents initiated a criminal investigation.
It is not a crime to carry more than $10,000, but it is a federal offense not to declare currency or monetary instruments totaling $10,000 or more to a CBP officer upon entry or exit from the U.S. or to conceal it with intent to evade reporting requirements. Failure to declare may result in seizure of the currency and/or arrest. An individual may petition for the return of currency seized by CBP officers, but the petitioner must prove that the source and intended use of the currency was legitimate.
Follow the Director of CBP’s Laredo Field Office on X at @DFOLaredo, on Instagram at @dfolaredoand also U.S. Customs and Border Protection at @CBPSouthTexas for breaking news, current events, human interest stories and photos.
U.S. Customs and Border Protection (CBP) is America's frontline: the nation's largest law enforcement organization and the world's first unified border management agency. The 65,000+ men and women of CBP protect America on the ground, in the air, and on the seas. We facilitate safe, lawful travel and trade and ensure our country's economic prosperity. We enhance the nation's security through innovation, intelligence, collaboration, and trust.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.