United States v. Account No. 50-2830-2

MEMORANDUM OPINION AND ORDER

DE MENT, District Judge.

A hearing on the above-styled action was held on September 26, 1994. The United States of America contends that the currency at issue is the corpus delicti of “structuring.” The United States avers that the subject financial institution and Dr. Richard T. Lowe, the depositor of the subject currency, colluded to evade the reporting requirement on a certain financial transaction. Consequently, the Government claims that the currency involved in said transaction is subject to forfeiture. Claimant Dr. Richard T. Lowe contends that hone of the…