HARTFORD, Conn. – A former West Hartford police officer was sentenced to 18 months probation for structuring currency transactions to evade money laundering reporting by his credit union.
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James Bergen in December pleaded guilty to structuring 11 cash transactions with Capital Region FCU so that deposits in his account were under the $10,000 threshold requiring a Currency Transaction Report. Bergen made the deposits in amounts ranging from $9,200 to $9,975 after cashing checks at Bank of America.
To evade filing a CTR, individuals may structure their currency transactions so that no single one exceeds $10,000.
The former police officer also was fined $500 and ordered to perform 150 hours of community service.
