re: Let's talk money laundering

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A bank isn't required to report SINGLE deposits of less than 10k.

Multiple large deposits of less than $10k each absolutely run the risk as getting flagged by the bank's computers as suspicious transactions and reported.

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Correct. Structuring cash is probably one of the easiest things to catch.

I saw that one poster said to deposit $8K every couple of weeks; however, eventually that will raise some flags through the bank's transaction monitoring systems as $8K in cash every two weeks would be highly unusual for most people.

The only way you might be able to pull this off is accounts across dozens of credit unions and small community banks, and even then you would have to space your deposits out by quite a bit to not raise any red flags.

While it is true that a single deposit of $10K or less does not require a CTR filing with FinCEN, keep in mind that large cash transactions by individuals are unusual in 2018. Therefore while you may not have to file a CTR, the bank may still file a suspicious activity (SAR) report with FinCEN due to the high cash deposit. Although a one time $8K in cash likely won't cause this, if you do $8K every couple of weeks, then they likely will file a SAR on you.