677
Just feels like further incentive, to be honest
(lemmy.dbzer0.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 21 Mar 2026
677 points (99.4% liked)
Funny
14324 readers
888 users here now
General rules:
- Be kind.
- All posts must make an attempt to be funny.
- Obey the general sh.itjust.works instance rules.
- No politics or political figures. There are plenty of other politics communities to choose from.
- Don't post anything grotesque or potentially illegal. Examples include pornography, gore, animal cruelty, inappropriate jokes involving kids, etc.
Exceptions may be made at the discretion of the mods.
founded 2 years ago
MODERATORS
Worked in retail banking for 7 years. Can tell you that the tellers are required to submit illegal activities to the investigation department. Not only this but things like elder abuse, child abuse, identify thief (happens too often with parents and their unwilling kids).
Ya, don't mess with banks. Because you might mess yourself up or someone you care about.
Bonus Story: I had someone come into the branch wanting me to try and change a line item that said something like blowjobs from a coworker that was paying him back for lunch. Dude was getting a divorce and that shit caused a ton of headache for him.
But cash app, venmo, chime, etc. they are not banks maybe that's the difference but trust me you can put whatever you want and no one is investigating shit. Like so many people paying "ISIS" during college for a slice of pizza IDK what reality you live in
They are not banks, nor regulated similarly, so more risk of losing money and not getting it back in trade for perceived convenience.
When I was applying for a house mortgage, the case officer was asking me questions about the ins and outs of my financial transactions relating to my investments, because I made multiple deposits in a short period of time. I felt like I was being interrogated and I was annoyed on why the need for that level of scrutiny. Then I remembered that criminals have used buying properties for money laundering, or their initial capital came from criminal activities. There is a posh neighbourhood near where I live, and I saw couple of rough looking families having a gathering in a restaurant. I'm pretty sure they live in that area as well, and if they are, there is a likelihood that they may have bought or are renting properties using dark money (not that rich, suit-wearing people don't do this either).
Yes, underwriting is pretty strict on that shit. Also, don't deposit over 10k without a good reason. We will need to do a CTR, which reports that cash deposit. CSR if that transaction seems sus.
Yes, and, if you have to deposit over 10K, don't split it into multiple payments to stay below the 10K limit - that's structuring, the bank will catch it, and then the bank has to do even more PITA reports.
Also it's a crime.