Re: National City closing my account due to online gaming
[ QUOTE ]
Two months ago an old Prima site I played on gave me a $500 bonus in some promo they were running. Needed to clear a bunch of hands so I just gambled with it and ended up running it up to 16k or so in total. The only way to cash out was via EcoCard, and I did so successfully, wiring the money to my checking account in two seperate $8k chunks about a month apart.
[/ QUOTE ]
That is structuring. Structuring is a felony. Since you broke it up into chunks over $5,000 the bank is legally required to file a Suspicious Activity Report with the feds. You'll be lucky if all they do is close your account and give you the money.
|