by Mindy Aguon
Guam - A Korean citizen who admitted that she made multiple cash deposits under $10,000 to avoid having to report the income won't have to spend any more time behind bars. Mee Sook Shin previously pled guilty to one count of structuring. She confessed to making multiple deposits into a local bank account.
Many of the deposits were made within days of each other but each was under ten grand, which is the threshold for the bank to submit a cash transaction report.
Shin was only sentenced to time served and will now be placed on supervised release for two years.