He fell asleep with the girl inside his room while his $90,000 cash was exposed For one. Why would you travel with that much cash in a paper bag? Not safe. What happens when you do the real estate closing? I would think most States require an explanation where the money originated.
Correct. No escrow will accept $90,000 in cash for a transaction. They want traceable funds. That way they have low risk of the feds claiming the funds were being washed.
CASH sales in Real Estate happen all the time, no they are not the "norm" but neither are they unheard of, usually by foreign buyers from countries where either the banking system is not to be trusted, or mortgages are almost impossible to get, and where people are accustomed to dealing in cash for EVERYTHING.
That said, I don't believe the guy's story either. I think he should be up for a "Darwin Award" I can't really work up a lot of sympathy for anyone THAT dumb, except to feel bad for his mother for raising such an idiot child. lmao
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