Money Laundering

of course they have Cash sniffing dogs.
Law Enforcement Loves finding money! wanna know why? Because they get to keep it!
Money Seizures are used to fund the majority of Law Enforcements equipment. If they get a big hit, that means new cars and toys for them.

They look for Money and Guns heading to mexico. (the majority of Mexican Drug cartels guns come from America)
and Drugs heading north. (but trust me, they love the guns and money more then they do the drugs)

how about the credit union? i know the gov. cant look inside because its a private bank , but do they report deposits???

i would say yes. the gov has there fingers in everything

private bank.....they cant look....but is there any laws that makes them tell is what i meant

rollinronan said:

private bank.....they cant look....but is there any laws that makes them tell is what i meant

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i didn't know they couldn't look, and what makes it any different then any other bank? aren't they all private?

and if so, just avoid deposits of more then $9,999 that is the legal requirement.
and most banks (i dont know if this applies to credit unions) make a private note of deposits of more then 5,000. so just to be parinoid, i would avoid deposits of more then 4,999 too.

I wonder if you took out a "secure loan" at a credit union. (thats a loan based on money that you already have on the account, if you have 4,000 you can borrow another 4,000) and then make your loan payment with dirty money, if that would stay under the radar.

that is what i was thinking too zerod, except have a bunch of them, shuffle them around monthly. secured credit cards could help also. Also you can put your money where your mouth is literally. Getting veneers, implants. Start dressing nicely, but not too nice, wear them a few times and then take them to a consignment shop.

Your best bet is to start a business, you can do all of it online in your state (if in the usa). get a federal tax number (FEIN) set it up as a LLC and go legit. Set up a web page advertising your business etc... Make it a real deal local business. Just cash based.
You have lots of options for a low cost start up -- Pool cleaning, Maid, Dog Poop Picker upper, you jsut want a business that you can get paid in cash with. You will also need to actually have a customer base. So learn a skill and keep it simple. Even landscaping... cut lawns or hire some peapel to do it for you... If i had extra income landscaping is the route I woudl go, you can hire 3-4 guys, drop them off and actually runa real business once oyu get a few accounts going .. yeah its work -- but its work you are having someoen else do... I have even seen a few businesses for sale on craigs list.. all set up and ready to go -- im sure they are not reporting private sales...

Taxes are a serious concern. You would be amazed at how many really careful people get nailed on tax evasion. Just look at organized crime. Many big bosses of days gone by were untouchable for most of the illegal businesses they were in, and in the end were put away on tax evasion since that was the only thing that could be proved in court. IMO, you're better off paying taxes than getting put away for 20 for tax evasion.

zer0ed said:

of course they have Cash sniffing dogs.
Law Enforcement Loves finding money! wanna know why? Because they get to keep it!
Money Seizures are used to fund the majority of Law Enforcements equipment. If they get a big hit, that means new cars and toys for them.

They look for Money and Guns heading to mexico. (the majority of Mexican Drug cartels guns come from America)
and Drugs heading north. (but trust me, they love the guns and money more then they do the drugs)

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the ink in money is not the same as other inks and has a smell dogs have been trained to find

Ok so heres what you do, you put on ebay and shit like new xbox, new tv and shit like that and if you have a buyer u go but the xbox with your cash and ship it to them and they should send u the cash via paypal...

Just buy items that other people will buy and dont open the boxes of anything but sell for 10 or 20$ cheaper...

aaand how did you get the money to buy the 20 xbox's your gonna sell? or 10 PS3's?

cdrippper2 said:

Yeah, and to make matters worse, in that "financial reform bill" LOL, that congress is trying to play as as bad for the bankers, any transactions over $600 would have to be reported. Start calling your local offices now to complain, or it will be coming soon.

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This is now law beginning 2012 unless Congress repeals it. This will destroy many businesses.

kTOWN.Grown said:

hey guys would like to know what you know about money orders. through wall mart or post office any other companies??? and post office requires the senders ssn but not receiver, i was wondering if you cash through wall mart does the government have access to that info? dont want to cash through my bank thats why.......any advice would be cool.

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Money orders are tracked too. Where will you cash it?

zer0ed said:

i didn't know they couldn't look, and what makes it any different then any other bank? aren't they all private?

and if so, just avoid deposits of more then $9,999 that is the legal requirement.
and most banks (i dont know if this applies to credit unions) make a private note of deposits of more then 5,000. so just to be parinoid, i would avoid deposits of more then 4,999 too.

I wonder if you took out a "secure loan" at a credit union. (thats a loan based on money that you already have on the account, if you have 4,000 you can borrow another 4,000) and then make your loan payment with dirty money, if that would stay under the radar.

Click to expand...

OF COURSE the government can check their records/books. Ever heard of the Patriot Act? If you are thinking of depositing $9,999 to avoid making reports you will be arrested for "structuring". This is highly illegal as well.

I am curious about the secured loan thing but it would not help you long term.

Isnt it a shame that the entire US tax system has been created to promote people to not pay their taxes? Every tax incentive, law, etc... makes people look for ways not to pay taxes.

This whole problem should be changed so that everyone pays the same amount of taxes. People, businesses, all the same. There should be a VAT tax only. We should only pay when we buy something.

As far as money laundering goes. There are many ways to do it. Just pay attention to what major drug dealers do, Taliban terrorists, and politicians. You can learn everything from them.

How's this for over-taxing? I purchased a 1987 Volvo from a dealer back in February - and had to pay state sales tax on it. I wonder how many times taxes have been collected on that vehicle in the past 23 years.

PFT you are right thats retarded.

and i just bought a 1978 motorcycle the other day - guess what? taxes again!

That law clearly has to be changed. I wonder how much business would be done on used cars if they were tax exempt.

take all your money to different casinos every so often. Not enough to where people notice you cuz all a cop would have to do is ask them and then they say "he comes in here at 9-930 every mon and thrus" cuz then it places u at the scene.

Anyway take whatever cash you want to exchange into a casino buy some chips. Play a game or so and cash out. You get all clean money that way.

How do you think the mobsters in Vegas did it back in the day. Just watch the movie casino.