“Outgoing Mexican President Felipe Calderon has signed into law a ban on large cash transactions. Under the law, a Specialized Unit in Financial Analysis operating within the Attorney General’s Office will be created to investigate financial operations ‘that are related to resources of unknown origin.’ For real estate transactions, cash payments of more than a half million pesos ($38,750) will be forbidden and, for automobiles or items like jewelry, art, and lottery tickets, cash payments of more than 200,000 pesos ($15,500) will be forbidden. The law carries a minimum penalty of five years in prison.”

http://www.thedailybell.com/28174/Now-Mexico-Bans-Cash

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