A twenty-four year old unidentified man was arrested at the US-Mexico border this week, after inspectors found $249,000 hidden under his Ford F-150 pickup truck. Curiously, he was seeking to move this cash into, not out of, the United States. Looking at all the recent attention being paid to Mexican money service businesses that transfer dollars into the US, one may deduce that all the law enforcement heat on MSBs in Mexico has made crude bulk cash smuggling methods safer in the eyes of some money launderers. Compliance officers at financial institutions in American cities that border Mexico, please advise your staff accordingly. Have you seen any increase in cash deposits lately?

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