POSNER, Circuit Judge.
A jury convicted Mr. and Mrs. Davenport of having violated 31 U.S.C. § 5324(3), a statute enacted in 1986 to deter people from "structuring" their cash transactions with banks and other financial institutions (we shall, to simplify discussion, call all such institutions "banks") in such a way as to prevent the banks from filing currency transaction reports. The judge sentenced each of them to twelve months in prison.
Sometime before...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.