Have you ever been pressured into building something with a bad design?

[BlueSpruce]

And did he really want to get a reputation for banking large amounts of cash to his personal account to pay the suppliers.

In the USA, any cash deposits over $10K are automatically notified to the government. If you "smurf" deposits (i.e. many smaller cash deposits within a short period of time), that also raises a red flag. So they end up not depositing the cash and then the rats and termites eat it up

 

[CJ_London]

much the same in the UK. Pretty sure there is also a flag raised if you withdraw large amounts of cash - not sure what the level is but would guess £10k

 

[BlueSpruce]

much the same in the UK. Pretty sure there is also a flag raised if you withdraw large amounts of cash - not sure what the level is but would guess £10k

Withdrawls, and any entity that receives more than $10K in cash. I have an app that e-files those transactions, plus populates the attached PDF form to provide all parties with a printed copy.

 

[Ken Sheridan]

In the UK the relevant thresholds are:

£10,000+: Deposits in this range, especially cash, have a high likelihood of being flagged for scrutiny.

£25,000+: Deposits of this size are almost certain to be flagged for review, and you will likely have to prove the source of the funds.

£50,000+: Large deposits may require formal source-of-funds verification.

The above amounts are daily aggregates.

Banks in the UK do not automatically notify HMRC about large deposits unless:

The deposit is flagged as suspicious under AML regulations.
It triggers a Suspicious Activity Report (SAR) to the National Crime Agency (NCA).
HMRC specifically requests financial data using a Financial Institution Notice (FIN)

 

[DHookom]

In the UK the relevant thresholds are:

£10,000+: Deposits in this range, especially cash, have a high likelihood of being flagged for scrutiny.

£25,000+: Deposits of this size are almost certain to be flagged for review, and you will likely have to prove the source of the funds.

£50,000+: Large deposits may require formal source-of-funds verification.

Banks in the UK do not automatically notify HMRC about large deposits unless:

The deposit is flagged as suspicious under AML regulations.
It triggers a Suspicious Activity Report (SAR) to the National Crime Agency (NCA).
HMRC specifically requests financial data using a Financial Institution Notice (FIN)

Ken, it’s a bit suspicious that you have such a deep understanding of these laws

 

[Ken Sheridan]

Ken, it’s a bit suspicious that you have such a deep understanding of these laws

Fair cop, guv. I'll come quietly!

 

[LarryE]

Fair cop, guv. I'll come quietly!

You can't get away with anything in the UK with Jane Marple poking her nose in everyone's business. And if she doesn't get ya well then Endeavor Morse will. And don't even get me started on DCI Barnaby (both of them). Obviously, my wife is addicted to BritBox...

 

[DHookom]

You can't get away with anything in the UK with Jane Marple poking her nose in everyone's business. And if she doesn't get ya well then Endeavor Morse will. And don't even get me started on DCI Barnaby (both of them). Obviously, my wife is addicted to BritBox...

My wife has drug me into watching all of these.

 

[BlueSpruce]

You can't get away with anything in the UK with Jane Marple poking her nose in everyone's business. And if she doesn't get ya well then Endeavor Morse will. And don't even get me started on DCI Barnaby (both of them). Obviously, my wife is addicted to BritBox...

Hopefully in your upcoming elections in May 2026 you can unseat the councils who did not abolish the UK's thought police.

 

[Ken Sheridan]

..........then Endeavor Morse will.

Funnily, in my time in Oxford in the late 60s/early 70s I never stumbled across any bodies on the river bank, or found a corpse in a college room.

 

[BlueSpruce]

Fair cop, guv. I'll come quietly!

I remember hearing that phrase when watching Monty Python's Flying Circus.