DETROIT (WWJ) -- Federal officers seized a huge amount of undeclared cash at the Canadian border this week.
While conducting outbound inspections at the Ambassador Bridge port of entry on Tuesday, Customs and Border Protection agents discovered a driver transporting $200,000.
Those arriving or departing from the United States are required to declare $10,000 or more in currency by filing a Report of International Transportation of Currency or Monetary Instruments.
"There is no limit to the amount of money that travelers may carry when crossing U.S. borders, but reporting is required under the Currency and Foreign Transaction Reporting Act," Port Director Devin Chamberlain said in a statement. "Failure to comply can result in civil and criminal penalties and may lead to loss of undeclared monetary instruments."
Any confiscated money will be returned to the owner if they petition to prove its legitimacy and intended use.
The driver transporting the money was released while Homeland Security continues its investigation.
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