OT: Possibly real version of the cash-out curse - IRS

[microbet]

I was rereading some of the Barry G. book yesterday when he mentioned being investigated by the IRS for the crime(?) of "structuring," which was depositing just under $10k in his bank repeatedly in an effort to hide it from the IRS.

He didn't get into trouble.

Obviously, I know next to nothing about this, just thought there might be a few structurers around here who might be interested.