Lapid, a permanent resident or green card holder, declared in the US Customs and Border Protection (CBP) form that she was carrying $10,000 and P10,000 (equivalent to $225), Giangregorio said in his affidavit. After searching her luggage, ICE agents found $40,000 in two socks and a cloth bag hidden in the lining, he added.
US federal law requires arriving passengers to declare any currency or monetary instrument totaling $10,000 or more. Violators are fined a maximum of $500,000 and the money recovered is confiscated by the US government. Bulk cash smuggling is also punishable by a maximum 10-year imprisonment, according to a source from Homeland Security.
When asked about the conflicting statements made by Marissa and her husband, Senator Manuel “Lito” Lapid, on what the $50,000 was intended for, Krieger said: “What the money is for or the source of the money is not material to the specific charge that she is being charged with and the allegations that are being made.”
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