United States v. $9,980 Seized from Community Bank & Trust Account No. 067-0022713

ORDER

ROY B. DALTON JR., District Judge.

The matter is before the Court on the following:

1. The United States of America’s Motion for Summary Judgment (Doc. No. 17), filed December 20, 2011; and

2. Claimant’s Response (Doc. No. 18), filed December 30, 2011.

BACKGROUND

Federal law requires banks and other financial institutions to file reports with the Secretary of the Treasury whenever they are involved in a cash transaction that exceeds $10,000. See 31 U.S.C. § 5313; 31 C.F.R. § 103.22(a). It is illegal to “structure” transactions — i.e., to break up a single transaction above the reporting…