CTR on Returned Stolen Money?
Answer by John Burnett, BOL Guru Guru Bios
Question: We were robbed recently and all but $4 was recovered the same day! When the currency was returned to us, we made an in-ticket and credited the proper amounts to our tellers’ cash. Would this transaction be subject to a CTR Filing?
Answer: It's unusual for law enforcement to return cash from a robbery so quickly. If the funds were received from a government law enforcement agency, you could avoid the issue altogether by treating the law enforcement agency as exempt.
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