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Cash

Feds Milk Creamery Over Cash Deposits

Feds Milk Creamery Over Cash Deposits

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A small creamery went to farmers' markets and sold its products for cash. It then deposited the cash in a bank -- nearly $10,000 per deposit.

That may sound like good business, but to the U.S. Treasury Department, it sounded like "structuring" -- conducting cash transactions in amounts just under $10,000 so as to avoid reporting requirements. So the feds seized Randy and Karen Sowers' money.