# Reacher TV series -- Is this crime doable? (Spoilers in OP and beyond)

**URL:** <https://boards.straightdope.com/t/reacher-tv-series-is-this-crime-doable-spoilers-in-op-and-beyond/996011>\
**Category:** Cafe Society\
**Tags:** tv-shows-scripted, amazon-prime\
**Created:** [January 12, 2024, 5:52pm UTC](https://boards.straightdope.com/t/reacher-tv-series-is-this-crime-doable-spoilers-in-op-and-beyond/996011 "2024-01-12T17:52:27Z")\
**Posts on this page:** 2\
**Page:** 2

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**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\
**Post date:** [January 14, 2024, 11:10pm UTC](https://boards.straightdope.com/t/reacher-tv-series-is-this-crime-doable-spoilers-in-op-and-beyond/996011/21 "2024-01-14T23:10:12Z")

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There’s no legal limit in the USA either. You wanna by a jet for $10 million using a truckload of wrinkled pictures of dead presidents, that’s not illegal. Nothing wrong with it at all. A tad unusual, but totally OK.

But the seller needs to report the big cash transaction to the US anti-money laundering authorities. Failing to do the report _is_ illegal. The penalty for non-reporting is on the seller, not the buyer.

The authorities will probably do nothing with the report but stick it in their database. If the buyer has a habit of making these big transactions the database will eventually notice and the buyer will be investigated. Not for making illegal purchases, since all these purchases are fully legal, but rather for how exactly they’re coming into quite so much cash so often and does that align with their tax records? The seller(s) meanwhile will be beyond scrutiny having done the required report(s).

I certainly do not know the UK’s anti money-laundering laws, but I imagine they have some way to keep some tabs on big cash.

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**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\
**Post date:** [January 15, 2024, 1:38am UTC](https://boards.straightdope.com/t/reacher-tv-series-is-this-crime-doable-spoilers-in-op-and-beyond/996011/22 "2024-01-15T01:38:24Z")

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> [@bob\_2](#):
>
> There is no legal limit for cash payments in the UK.

> **[Money laundering supervision for high value dealers](https://www.gov.uk/guidance/money-laundering-regulations-high-value-dealer-registration)**
>
> Find out if you’re a high value dealer and need to register with HMRC under the money laundering regulations.

> [@LSLGuy](#):
>
> There’s no legal limit in the USA either. You wanna by a jet for $10 million using a truckload of wrinkled pictures of dead presidents, that’s not illegal. Nothing wrong with it at all. A tad unusual, but totally OK.
> 
> But the seller needs to report the big cash transaction to the US anti-money laundering authorities. Failing to do the report _is_ illegal. The penalty for non-reporting is on the seller, not the buyer.

Right. No limit, but there is reporting regulations, same as the UK- sure the UK laws are a bit different, but the idea is the save.

> **[Anti Money Laundering Laws and Regulations Report 2023-2024 United Kingdom](https://iclg.com/practice-areas/anti-money-laundering-laws-and-regulations/united-kingdom#:~:text=Regulated%20businesses%20are%20required%20to,manage%20those%20risks%3B%20and%20apply)**
>
> Anti-Money Laundering Laws and Regulations covering issues in United Kingdom of The Crime of Money Laundering and Criminal Enforcement, General

Not just in the UK, there are international treaties.

> **[Money Laundering in International Law](https://www.oxfordbibliographies.com/display/document/obo-9780199796953/obo-9780199796953-0233.xml)**
>
> "Money Laundering in International Law" published on by null.

> **[Anti-Money Laundering and Combating the Financing of Terrorism](https://www.imf.org/en/Topics/Financial-Integrity/amlcft)**
>
> Effective anti-money laundering and combating the financing of terrorism (AML/CFT) policies and measures are key to the integrity and stability of the international financial system and member countries’ economies. Money laundering (ML) and related...

> [@LSLGuy](#):
>
> The authorities will probably do nothing with the report but stick it in their database. If the buyer has a habit of making these big transactions the database will eventually notice and the buyer will be investigated. Not for making illegal purchases, since all these purchases are fully legal, but rather for how exactly they’re coming into quite so much cash so often and does that align with their tax records?

Right.

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