Commit a crime? No? Have a reason to carry a lot of cash? Yes? Don’t expect to hang onto it:
According to Peat, he and his girlfriend had originally planned to fly back to Las Vegas together after visiting her family. But after purchasing their tickets, Peat decided to fly to L.A. to play in a poker game. He bought a last minute, first-class ticket, and paid in cash. That apparently was enough to set off red flags.
Peat says he was accosted by several DEA agents, who asked him questions about who he was and where he was going. He told them he was a poker player, and had $15,000 in cash in his pocket. They first let him go, but then chased him down, and told him he’d need to come with them for questioning. Peat says the agents then confiscated all of his money, as well as his $50,000 Rolex watch. He says they gave him a receipt, and told him to expect more information in the mail.
There’s no corroboration of the story as of yet, but I see no reason why he would make it up… Further, it doesn’t seem entirely out of character for the Federalis.
Now, I’ll admit that someone traveling with $15K in cash is a bit suspicious. That doesn’t make him a drug dealer, though. It seems to me that he had a pretty simple explanation for carrying so much cash — in his job as a high-stakes poker player, he needs it. And the link Radley Balko found suggests that he could support his story rather easily. Notwithstanding whether the IRS might have an issue with him, the DEA has no reason to. Yet all that didn’t matter. His cash is now in their hands, and he’s likely going to have to prove — beyond a reasonable doubt — that it’s not drug related. Considering that his poker opponents probably didn’t give him receipts for their losses, that might not be easy to do.
For David Peat, I wish him luck recovering his assets from the DEA. For the agents, I wish upon them a punishment far worse than living in Toledo. Something about losing an extremity in a freak x-ray machine accident sounds about right.