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Friday, April 19 2019 @ 02:25 PM UTC

Mexican National Caught At Tocumen With 193,000 Euros - Undeclared

Drug Trafficking A Mexican national was arrested at the Tocumen International Airport as he tried to enter Panama carrying 193,000 euros, equivalent to $251,879 dollars US. He had the money hidden inside of the wheels of his luggage, which was detected in the scan area by members of airport security team. So far this year airport authorities have seized more than $1.2 million dollars in undeclared cash from a total of 17 foreigners and one Panamanian citizen. By comparison, last year during the first three months of 2011 Customs officials had seized about $403,000 dollars in undeclared cash. However by the end of the year they had seized a total of more than $4.2 million dollars. (TVN)

Editor's Comment: In Panama, "the drugs go North and the money comes South." The drug traffickers have to get the product to market, and then once it's sold they have to get the cash back home, and then launder it into something that can be used. People tend to be more willing to take the risk of transporting large wads of cash on airplanes. A lot of them get caught in Panama. If you're going to fly into Panama with more than $10,000 dollars in cash, make sure you declare the money on the plane or else it might get taken away from you, and you might get to spend your time in Panama behind bars.

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Mexican National Caught At Tocumen With 193,000 Euros - Undeclared | 2 comments | Create New Account
The following comments are owned by whomever posted them. This site is not responsible for what they say.
Mexican National Caught At Tocumen With 193,000 Euros - Undeclared
Authored by: D.T. on Monday, March 19 2012 @ 07:14 PM UTC

What a “moron”! What was the size of his luggage wheels? Must have been the size of a small car tires!

Mexican National Caught At Tocumen With 193,000 Euros - Undeclared
Authored by: Anonymous on Tuesday, March 20 2012 @ 01:54 AM UTC

I would love to see his luggage and especially the wheels!
I simply do not understand how any normal luggage system, smaller than a wheelbarrow, could fit 19,000 notes into the wheel system.
Now if somebody could explain that to me, I might start to believe this story.