sladeofdark
New Member
lol yesss!
Money Laundering
- Thread starter IgrowBIGG
- Start date
lol yesss!
if you want to launder it here's how:
start a promotions company. throw parties several nights a week. even if nobody shows up just report that 400 people showed up and paid 20 a piece.
1500 for a location
3000 bar guarantee + other expenses
4500 total expenses
8000-4500= 3500 of CLEAN profit, and 8,000 of LEGAL revenue.
you just pay taxes on 3500 and your good.
not the cheapest way to launder money but i've seen questionable characters do it. barber shops are also a good one....
throw a party at a shitty spot, pay 800 for location, 2000 bar guarantee, and they report 300 people showed up and each paid 20 to get in.
that's 6000 - 2800 = 3200 CLEAN profit. pay taxes on it and viola!
* Laundering money is illegal. anybody who follows this advice is an idiot.
start a promotions company. throw parties several nights a week. even if nobody shows up just report that 400 people showed up and paid 20 a piece.
1500 for a location
3000 bar guarantee + other expenses
4500 total expenses
8000-4500= 3500 of CLEAN profit, and 8,000 of LEGAL revenue.
you just pay taxes on 3500 and your good.
not the cheapest way to launder money but i've seen questionable characters do it. barber shops are also a good one....
throw a party at a shitty spot, pay 800 for location, 2000 bar guarantee, and they report 300 people showed up and each paid 20 to get in.
that's 6000 - 2800 = 3200 CLEAN profit. pay taxes on it and viola!
* Laundering money is illegal. anybody who follows this advice is an idiot.
Alex Kelly
Active Member
I don't think that we will be running out of paper money in our lifetime lol. Although im impressed that you just tied money laundering to the book of Enoch, a book that never made it into the bible lol. On another note though, go read the book of Enoch. There is a firsthand account of an extraterrestrial contact, if you like that stuff.
Alex Kelly
Active Member
Can someone point out a weakness or a way of getting caught by using traveler's checks or COD checks?
Bauks
Well-Known Member
Gold Cost too much Sheer man power to pull out of the Ground. And Once It is, It's utterly useless. You can't eat it, you can't cloth yourself with it, You can't use it for Heat, you can't hunt with it.... the amount needed in the electronics that uses it (ie. cell phones), is minuscule at best..... and I'm sure In most cases Plain off the rack In everything Copper wire Will Work Just fine for all intent and proposes ..In most real world barter systems Gold Is Just not there ...It's just another Fiat Money
chillwills
Well-Known Member
I would really love to know what Mutual Funds you have that are returning 12-14% per year.Yah buying volatile precious metals at the height of a bubble is a great idea...................*sarcasm*
I swear you guys can enjoy all your poo poo metals. The long term track record for gold on a percent per year average is LOOOOOOWWWWWWW! My diversified mutual fund portfolio is averaging 12-14% yearly and that included the "economic crash" that everyone is going crazy over. On top of that I also get the fun of compound interest(which is the only way to become wealthy that is worth doing now a days). If you want to make good money you simply pay the taxes and invest long term (i.e. mutual funds)....... People! It's easier to be a self employed and launder it at your tax rate, and its cheaper in the long haul. It's like quite a few others have said start a business with no overhead or actual product to sell. That tv idea is cool until you look at the numbers again..... He suggests reselling tv's for a LOSS and THEN paying taxes.... So you loose money on both sides? Not smart! Also any of you that think you don't need to launder your money and your gripping over 1500 a month look out! I work for one of the top banks in the states and your watched all the time. You make any pattern of deposits and you end up putting in 10k with no direct deposit and your flagged. Once your flagged and it continues into the 13th month then you are reported to the IRS. This is standard practice with ALL FDIC insured banks. Credit unions don't operate under these guidelines because they are insured through a different process. So in conclusion start a business and keep your money at the credit union if you don't want to hold a 8-5 while you grow.... But honestly its sooooooooooooooo easy to launder if you work. I can easily triple my salary if I wanted to by paying cash for all my living expenses and pushing the rest in my accounts using a deposit algorithm that I worked out that are outside what the guidelines look for specifically. But in my case I only push what I can't personally smoke. But then again what do I know about laundering money, I'm only a banker lol
theinhibitor
Well-Known Member
I just realized what I posted doesnt work unless you have a family member from another country but basically they open up an account offshore, and put, lets say, 5000 dollars in the account. U can use money pak etc. to shift the money to the account from the US.
Then the family member can "gift" you the money (up to some limit. i think its around a 100.000. "Gifts" are basically taxable amounts of money given to an individual. The tax can be paid for by the donor OR THE DONEE. so basically, they pay it but its your money so you pay it but you legitimize it in the process.
Anyway you cut it, your money is going to be "taxed" at some point and you usually need another person "in" on your plan to make it work. If you all of a sudden open a business, the bank is going to look at your records and income to come up with an apprpriate loan. if you have little income and no money in the bank, you wont get a loan, and if you open a business without a loan and with cash it will be processed through the tax bureau at some point (assuming it takes more than 10,000 dollars to open your business) and they will catch you. With a friend (i would suggest a family member who is cool with your illegality), he can get the loans and you can process your income through his business.
anyway you do it you want to be REMOVED from the picture. Its his business, or his account overseas, not yours. if its yours and your caught your fucked. if its his, and its suspected for whatever reason, they look at HIM and see that everything he does is legal (hopefully) and then they move on. If its yours, and you opened a business out of thin air and have larger than life earnings, your screwed, and when the IRS screws you lets just say you dont walk in America again.
Then the family member can "gift" you the money (up to some limit. i think its around a 100.000. "Gifts" are basically taxable amounts of money given to an individual. The tax can be paid for by the donor OR THE DONEE. so basically, they pay it but its your money so you pay it but you legitimize it in the process.
Anyway you cut it, your money is going to be "taxed" at some point and you usually need another person "in" on your plan to make it work. If you all of a sudden open a business, the bank is going to look at your records and income to come up with an apprpriate loan. if you have little income and no money in the bank, you wont get a loan, and if you open a business without a loan and with cash it will be processed through the tax bureau at some point (assuming it takes more than 10,000 dollars to open your business) and they will catch you. With a friend (i would suggest a family member who is cool with your illegality), he can get the loans and you can process your income through his business.
anyway you do it you want to be REMOVED from the picture. Its his business, or his account overseas, not yours. if its yours and your caught your fucked. if its his, and its suspected for whatever reason, they look at HIM and see that everything he does is legal (hopefully) and then they move on. If its yours, and you opened a business out of thin air and have larger than life earnings, your screwed, and when the IRS screws you lets just say you dont walk in America again.
theinhibitor
Well-Known Member
man i just dealt with some similar liars on another thread. one guy said he got 1200% profit off canadian silver LOL! he said he turned 300 into $72,000. unfortunately he got the math wrong and a 1200% increase on 300 is only 3600 derp de derp.
needless to say i posted some headlines of recent news about canadian silver being 20% lower now than in december. i hope he stfu.
I'm not a 100% but they void those checks after $10k. Meaning you come to a bank with anything higher they are calling the PD off top.
The idea of sellin tv etc us to clean the money you can't just go slapping down $20,000 uhhhh give me 5000 shares of xyz. Umm whered you get the money to invest duh. Sure if your money is clean mutual funds would be a good long term investment or ETF would be better for returns and out preform mutual funds. Your gonna lose money that's the cost of doing business, cause eventually guys like you end up in jail for tax evasion.Yah buying volatile precious metals at the height of a bubble is a great idea...................*sarcasm*
I swear you guys can enjoy all your poo poo metals. The long term track record for gold on a percent per year average is LOOOOOOWWWWWWW! My diversified mutual fund portfolio is averaging 12-14% yearly and that included the "economic crash" that everyone is going crazy over. On top of that I also get the fun of compound interest(which is the only way to become wealthy that is worth doing now a days). If you want to make good money you simply pay the taxes and invest long term (i.e. mutual funds)....... People! It's easier to be a self employed and launder it at your tax rate, and its cheaper in the long haul. It's like quite a few others have said start a business with no overhead or actual product to sell. That tv idea is cool until you look at the numbers again..... He suggests reselling tv's for a LOSS and THEN paying taxes.... So you loose money on both sides? Not smart! Also any of you that think you don't need to launder your money and your gripping over 1500 a month look out! I work for one of the top banks in the states and your watched all the time. You make any pattern of deposits and you end up putting in 10k with no direct deposit and your flagged. Once your flagged and it continues into the 13th month then you are reported to the IRS. This is standard practice with ALL FDIC insured banks. Credit unions don't operate under these guidelines because they are insured through a different process. So in conclusion start a business and keep your money at the credit union if you don't want to hold a 8-5 while you grow.... But honestly its sooooooooooooooo easy to launder if you work. I can easily triple my salary if I wanted to by paying cash for all my living expenses and pushing the rest in my accounts using a deposit algorithm that I worked out that are outside what the guidelines look for specifically. But in my case I only push what I can't personally smoke. But then again what do I know about laundering money, I'm only a banker lol
dannyboy602
Well-Known Member
Hello. I grow of course and within the next year or two i will be starting to make some more money. Too much so that the 5 or 10k the bank lets you deposit each month is holdin me back a little. I would appreciate it if anyone who has or has had exp w this topic and knows the workings of laundering to plez enlightin me and the roi community. THX.
This is an article I found that is quite interesting but not as in depth as I would like.
http://www.wisebread.com/how-to-launder-money
I have a reputable bullion guy who takes cash for gold and silvr bullion. No questions asked. No personal info exchanged.
Plus it makes me mad money as gold/silver rise and the greenback falls. The gold eagles or silver eagles you can unload anywhere. fuck the govn't tax bs.
dannyboy602
Well-Known Member
Gold has been money for about 5000 years. Of all the gold that has ever been mined since creation, most of it is still above ground, is still viable in some way and will continue to be so. Silver has been mined for less time, is used mostly for industrial reasons, is a great conductor, but is nearly impossible to recover as the amounts needed in CPU's and other electronics is so small.
Eventually, as China and India grow and all those new middle class ppl want cellphones, CPUs and other electronics the actual cost will be sky high. There is today a manipulation in the silver market perpetuated by Giant Banks and other high rollers by shorting the silver market, keeping silver prices artificially down. But that can not sustain itself forever. And the government does nothing.
I started collecting silver eagles a couple years ago at about $13 an ounce. Now it's over $30. Nice come up.
When the manipulation ends and silver is adjusted for that reason and for ACTUAL supply and demand the price will soar to over $100 an ounce. Its just a matter of time.
What I worry about more is this peak oil thing. When the price per barrel goes so high that ppl simply can not afford to buy it we will see rioting, starvation, looting, basically fucking pandemonium. As poor ppl get desperate and rich ppl do what they do best:
Steal from the poor.
Harrekin
Well-Known Member
Oil will only ever go so high tho, because the price of drilled oil can only get so high before the synthetic oil replaces it. We can make synthetic oil, just its vastly cheaper to drill it for now.
EDIT: And to the guy above who said gold "amplifies current"...gold doesnt amplify shit, it just loses less current than most other metals because its generally speaking a better conductor than most. And the reason it was popular in Ancient times is because it was shiny and rare, not because it amplified mystical powers...are you on mushrooms?
Realistically in a hypothetical post-Apocalpatic world the things that'll be worth having will be food, water, weapons and medical supplies...the only thing having gold then will do is weigh you down.
EDIT: And to the guy above who said gold "amplifies current"...gold doesnt amplify shit, it just loses less current than most other metals because its generally speaking a better conductor than most. And the reason it was popular in Ancient times is because it was shiny and rare, not because it amplified mystical powers...are you on mushrooms?
Realistically in a hypothetical post-Apocalpatic world the things that'll be worth having will be food, water, weapons and medical supplies...the only thing having gold then will do is weigh you down.
plantvision
Active Member
Throughout time any precious metal always goes up in value when times are hard.
Gold and silver will always be the standard value.
It has shown itself to be true many many times over.
Understandalby food and water will command a higher value also.
I believe in part of my portfolio to be actual hands on gold and silver.
To the OP this would be a good spot to slowly(now remember slowly) purchase gold and silver.
As for banks, when deposting large amounts of money:
#1 Any large amounts bring suspicion and will get reported
#2 The amount at each bank is cummlative for the year, not just the month. Usually $10000, but at $5000 if you look shady they will report.
Purchase small items with cash, you cannot buy a house or a car, most definetly you will end up audited.
You can buy larger items from individuals you trust or will never see again. The problem is if they get audited with your cash, IRS will come looking for you.
Smart finances have you always having enough cash on hand to handle a two year period of inactivity. More as you get older.
Free cash also allows you the ability to gamble on business dealings a little more.
Look for those business deals that can use cash and have high risk.
And always remember what your goal is.
Hint: It is not to move drugs for the rest of your life. That only gets you killed or in prison.
plantvision
Active Member
No I don't believe it will go up forever, nothing can go up forever. But I do still see a lot of upside potential in it.
If the Middle East continues to escalate, I do believe we could easily see another 250 to 700 dollar increase easily.
Along the same line commodities, corn, soybean, wheat, and cattle will also increase.
All things have a top.
Oil is one of them, we are reaching a top in oil, anything above 4.25 to 4.50 at the pumps and the government will step in. $150/barrrel
Interesting is the correlation between oil and corn ethanol.
Sadly though is the fact that corn ethanol is a carbon negative form of power.
This whole corn commodity is about ready to blow up.
We are at record low stocks.
And the oil is pushing for more use of corn.
Harrekin
Well-Known Member
Ahh ok, I thought you were one of the people touting the good old "Gold will always go up" of which there are MANY!
Oil will eventually disappear altogether, I think Schwartsnigger had it right in Cali with pushing liquid hydrogen fuelled cars. Its makes the most sense in the world to run your car off the most abundant resource in the universe, especially considering its only output is heat and water.
Corn ethanol is pushing up food prices and isnt really as carbon neutral as people say, because vast amounts of forest are now being chopped down to grow the corn, which gives it a net carbon increase.
Oil will eventually disappear altogether, I think Schwartsnigger had it right in Cali with pushing liquid hydrogen fuelled cars. Its makes the most sense in the world to run your car off the most abundant resource in the universe, especially considering its only output is heat and water.
Corn ethanol is pushing up food prices and isnt really as carbon neutral as people say, because vast amounts of forest are now being chopped down to grow the corn, which gives it a net carbon increase.
plantvision
Active Member
I have done minimal research on the hydrogen, but it seems like a great concept that is working.
Probably some issues with colder climates though.
The whole issue with water too worries me.
I think were closer to water becoming a rationed commodity.
I am glad I live where I do when it comes to that.
Probably some issues with colder climates though.
The whole issue with water too worries me.
I think were closer to water becoming a rationed commodity.
I am glad I live where I do when it comes to that.
Harrekin
Well-Known Member
Im Irish and we wont ever have a scarcity of water, lol, its rains like 80% of the year here and theres basically no pollution (compared to say larger countries) to dirty it up, so we'll always be grand.
You know the downfall of hydrogen fuelled stuff? It never gets enough research because its too efficient. Hydrogen fuel cells for example basically make free power if you have water and sunlight, problem with it? Big one off cost, but once its running the power it produces is free and a contained fuel cell generator? Its basically a solar powered high electricity output self contained system. Research it man, hydrogen is the past, present and will be the future.
But back to the original topic and completly theoretically...you would need a cash business that trades in a service. Something with low inventory and a high cash value. Valet service is one example, for a cost to you of just time and cleaning chemicals people will pay like $200 for a proper valet. How many of those per week do you think you could theoritically do? I think the trick is to actually run the business, just not pro-actively seek customers, but a few is a good thing. That way you can put the dirty money in with the clean money, no proof of where any of it actually came from and legitimise it by paying tax on it all as if it were all legimitate income. Hell that way the IRS auditor could even get you to valet their car if they want proof. And who knows, if you actually run the business well it could grow and you wouldn't even need to grow pot for cash anymore, just for stash if you get enjoyment from actually just growing it.
You know the downfall of hydrogen fuelled stuff? It never gets enough research because its too efficient. Hydrogen fuel cells for example basically make free power if you have water and sunlight, problem with it? Big one off cost, but once its running the power it produces is free and a contained fuel cell generator? Its basically a solar powered high electricity output self contained system. Research it man, hydrogen is the past, present and will be the future.
But back to the original topic and completly theoretically...you would need a cash business that trades in a service. Something with low inventory and a high cash value. Valet service is one example, for a cost to you of just time and cleaning chemicals people will pay like $200 for a proper valet. How many of those per week do you think you could theoritically do? I think the trick is to actually run the business, just not pro-actively seek customers, but a few is a good thing. That way you can put the dirty money in with the clean money, no proof of where any of it actually came from and legitimise it by paying tax on it all as if it were all legimitate income. Hell that way the IRS auditor could even get you to valet their car if they want proof. And who knows, if you actually run the business well it could grow and you wouldn't even need to grow pot for cash anymore, just for stash if you get enjoyment from actually just growing it.