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POSTED: Thursday, August 19, 2010 - 3:28pm
UPDATED: Thursday, August 19, 2010 - 6:44pm
EL PASO - It's more money than many people see in a lifetime.
Customs inspectors seized $530,000 in cash at the Stanton Street crossing in downtown El Paso.
The money was hidden in a single tire.
"This is an exceptionally large and significant currency seizure," said William Molaski, CBP Port Director in El Paso. "Every last dollar we stop from being smuggled out of the country makes it that much harder for criminal organizations to further their illegal pursuits."
Customs agents arrested the driver on currency smuggling charges.
He is identified as 40-year-old Francisco Castaneda Castillo of Juarez.