Cash Without Reason or Injustice ?

I was called last night by a friend who was telling me a weird adventure he got with police.

                                                                     cash without reason or injustice

He was stopped while driving home by the police.They checked his license and such then they checked his bag and found about 2500£ in cash inside,then his misadventure started.

Police  officers didnt wanted to let him go, they said he have to tell where he found that kind of cash from.He was a bit pissed so he play the tough guy ,but still they refused to let him go unless he can say where the money come from .
After few minutes of nowhere going talks he decided to cooperate.

He told them the money come from his friend.They are like 20 some friends who every week they all paid to one friend like a fixed amount of 100£ (100£ * number of friends) , then the next week same thing again but to another menber till everyone get paid,so its just like quick saving while there is no interest to paid (you get what you paid) but its profitable since sometimes you might needed quick lot of money but can’t get it from your bank.

Well after the explanation he thought all fine now ,but police officers still not satisfy,actually his story too good to be true for them,so they asked him to contacted the friend,and he confirmed to the cops what he said and the exact amount one gets.

So they excused themself and set him free.

                                  My question though : 

– Is it against the law to have lot of amount of money in your house instead of putting in the banks ?Or can’t you have some cash without a good reason for it ?

– If it was that he didnt have any good explanation or his friend wasn’t around ,what would happen to him ?

–Am really interest in knowing more about this because if he deposit the money in bank i can understand it for security reason but in him thats a bit too much in my opinion.

 If you ever experienced this type of situation or happen to your friends or even have some legal answers please share your experience, remenber more people aware of a problem, more you get prepared for.!If for some reason you dont want to leave a comment please you can email me at info@truthsetfree.com.

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