Not strictly true, my grandfather sold one of his guest houses to a 'friend' for 180,000 GBP cash lol. He walks into his lifetime branch and asks to speak to the manager, when the manager comes he says (in his broken cypriot english) "Can you put this one in my account (gives name number etc)" The manager was like WTF "Mr *********** please come this way" and they go to his office where the manager sorts out the transaction. On his way out the bank escorting my grandad and saying a very grateful goodbye, the manager says "You shouldn't be carrying that amount of money in a bag etc" My grandad opens his jacket and shows him a really old berreta handgun and says "no worries boss, she is looking after me" and laughs,
Bear in mind this is england lol
Hmm, wasn't in the US? Because if it was, that wasn't reported to the IRS, correct? A lot of Koreans keep their money at home in cash, because they don't trust the banks, and lot of it is not reported to the IRS. So, what happens is that they are robbed by family members or people within the community who know where the cash is located, and since the community handles their own mess, they don't report the incidents to the police, especially if the money/income is not reported to the IRS.
Also, in the Baltimore area, a lot of Latinos are being robbed, because they carry large amounts of money on them---due to many being illegal and not having social security number and not having bank accounts. Thus, making them easy targets.