Employees of the Canadian Border Service have seized a large amount of undeclared cash from Ambassador Bridge.
Border officials say they found $ 182,000 in undeclared U.S. currency in a passenger car.
CBSA spokeswoman Judith Gadboa said the incident happened on April 17. No charges have been filed and the two passengers have been returned to the United States.
The money was seized as allegedly benefiting from a crime. The CBSA will not refund funds if it is suspected to be proceeds of crime or funds to finance terrorist activities.
Under the Law on Proceeds from Crime (Money Laundering) and Terrorist Financing, there is no limit to the amount of money that can be imported or exported from Canada, but currency and monetary instruments of C $ 10,000 or more must be reported. Failure to do so could result in the confiscation or valuation of a civil fine ranging from $ 200 to $ 5,000.
Anyone with information on suspicious cross-border activity is encouraged to call the CBSA Border Watch toll-free line at 1-888-502-9060.
Add Comment