36cash withdrawals of $9,200 to $9,900, just under a bank's $10,000 reporting threshold
An Alabama grocer made 36 cash withdrawals of $9,200 to $9,900 to stay under a bank's $10,000 reporting threshold while laundering food stamp fraud proceeds.
Hasan Ahmed was ordered to forfeit $5.2 million after admitting to food stamp fraud, tax evasion, structuring and money laundering at his Bessemer, Alabama grocery store.
Source: US Attorney's Office, Northern District of Alabama. Read more: snap trafficking fraud · case file