This next post is sure to surprise many of you as it did me. It starts a few months ago with my brother being involved in a car accident. This past week he settled with the Insurance company for $16,000. Instead of waiting until the end of the month for the insurance company to cut and mail his check, he chose today to drive to their corporate headquarters a few hours away and pick up his check.
After cashing his check he proceeded to head home. Entering Gates County,North Carolina he was pulled over for speeding. A search by an overzealous officer revealed the $16,000. My brother was then detained while the F.B.I. was called to the scene where he was accused of money laundering because as the agents told him, federal law does not allow any person to have more than $10,000 in their possession at any given time. The F.B.I. then seized the money until they could contact the insurance company and verify my brothers story as to why he was traveling with so much cash. Although he had broken no laws other than speeding, he was treated as a criminal all because of the amount of cash in his possession. This make me wonder, if it had been Bill Gates or Donald Trump, would the F.B.I. have had the same reaction?
Yes America, There is such a thing as too much money.