Originally Posted by bucksfan2
Whenever you withdraw a large amount of cash (I believe its around 10K, the bank flags that transaction. But I agree with you about paying someone in cash, there is less of a money trail, especially if you are a person who can afford that amount of money. But then you have the issue of a guy like Cam Newton depositing 200K in cash in a bank account. How do you do that? You aren't going to keep that amount of cash lying around your college apartment are you?
The thing with money is it always leaves a trail. Follow the money is an easy way of solving the problem.
$200 K is a slightly different animal, but let's just assume that it was one businessman who paid for Newton's services, if he could pay $200K for something as extravagent as securing a recruit's committment, I think it's a good bet he's taken $200K out of the bank before for other purposes. So a bank may flag the withdrawl, but it's not like they wouldn't let him take it.
Also important, paying a recruit is not illegal, so even if he did take $200K out of the bank and even if the bank did flag the withdrawl, and even if Mr. Newton received the cash and deposited it into his church's coffers, there's nothing any bank will object to, and if the NCAA asks the bank on either end, they'll probably be told to pound sand. If the NCAA asks for the church's financial records, the pastor and church board can say no. Even if the NCAA figures out which booster paid the tab, there's nothing they can do to prove it.