From Wired News:
Your Money Under More Scrutiny
Pressured by anti-terror laws, banks will be spending billions of dollars over the next few years on software to counter money laundering. The software will automatically track suspicious financial transactions, but it will also monitor millions of innocuous ones, and may make it harder to cheat on your taxes.
Thanks to the stringent requirements of the Patriot Act, enacted after 9/11 to choke the supply of terror funds, and the unambiguous threats of steep fines and even imprisonment of bank directors if their organizations facilitate money laundering, U.S. financial institutions are very enthusiastic about installing anti-money-laundering software.
Full article here:
http://www.wired.com/news/privacy/0,1848,67249,00.html?tw=wn_tophead_2
Homeland security is taking all the fun out of life, of course the only way I laundry money is forgetting to check my pockets before I launder them.
MakrB