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$2.4M Stashed in Shoeboxes by Restaurant Owner
8 months ago
21
Federal authorities have discovered $2.4 million in cash hidden in shoeboxes in the bedroom closet of a North Park restaurant owner. This discovery has sparked an investigation into the owner's financial activities, with authorities suspecting potential tax evasion, money laundering, or unreported income. The large amount of undeclared cash found in such an unconventional location suggests that the owner may have been attempting to conceal their finances, raising concerns about the restaurant's financial practices and the challenges faced by regulators in combating financial crimes in cash-intensive industries.
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