Offshore banking or...

[Gavinal]

...what is the best way to hide money from Uncle Sap?

 

[ms_ann_thrope]

...what is the best way to hide money from Uncle Sap?

Like in Papillon.

 

[Gavinal]

Like in Papillon.

Kinda sorta.

 

[ms_ann_thrope]

Kinda sorta.

The trick is to use the largest denomination of bills possible...unless you're a size queen.

 

[Gavinal]

The trick is to use the largest denomination of bills possible...unless you're a size queen.

Any transaction $10,000.00 or more gets the F.B.I. sniffing.

 

[ms_ann_thrope]

Any transaction $10,000.00 or more gets the F.B.I. sniffing.

That's gross.

 

[Gavinal]

That's gross.

So is Uncle Sap.

 

[ms_ann_thrope]

So is Uncle Sap.

You don't know what Papillon is, do you?

 

[Gavinal]

You don't know what Papillon is, do you?

Once I Google it I will know.

 

[JAMESBJOHNSON]

Any transaction $10,000.00 or more gets the F.B.I. sniffing.

My daughter deposited 20K the other day, and she musta been quizzed by 3 levels of bank managers about the money. The bottom line was, they wanted her to leave the money in the bank for 0% interest, and use it as collateral for a car loan. The idea was to pay cash for the car, and fuck a loan.

 

[cjh]

*wrinkles nose

this thread smells like bunghole

 

[Gavinal]

*wrinkles nose

this thread smells like bunghole

Smells like Obama has been here.

 

[Gavinal]

My daughter deposited 20K the other day, and she musta been quizzed by 3 levels of bank managers about the money. The bottom line was, they wanted her to leave the money in the bank for 0% interest, and use it as collateral for a car loan. The idea was to pay cash for the car, and fuck a loan.

...as the banks make interest.

 

[renard_ruse]

I would like to see Crimea become an independent member of the Eurasian Union and establish itself as a new banking hub. It should set up a banking system based on Switzerland's previous secret banking policies, will full secrecy.

 

[islandman]

My daughter deposited 20K the other day, and she musta been quizzed by 3 levels of bank managers about the money. The bottom line was, they wanted her to leave the money in the bank for 0% interest, and use it as collateral for a car loan. The idea was to pay cash for the car, and fuck a loan.

Where was the $20,000 before she went to the bank, under the mattress?

 

[cjh]

Smells like Obama has been here.

You don't know what Papillon is, do you?

 

[thør]

Where was the $20,000 before she went to the bank, under the mattress?

I know someone who's got a mattress you can have.

 

[Desiremakesmeweak]

It's easy to hide money.

First though, you actually have to have some to hide. There are too many people who 'want to know everything about it' and never will have to the capacity to employ such knowledge - consequently people who really have such knowledge refrain from giving it out blindly, obviously because the gratuitous recipient will tend to misuse it from the absence of ever having to use it seriously.

But secondly, it's a lot harder to hide some people's egos. There are a lot of people who want to be involved in hiding very large sums but their egos are so huge they never take advice and usually get caught because 'they had to go the gold-plated route' if you know what I mean.

The Bayern-Munich owner/manager who just got jailed for 3 years in Germany is an exact example: he just HAD to go the Swiss Bank route, even though it has been a dead path for many many years now.

Hiding money is about going down paths no one else goes down and no one else knows about and then being able to keep your mouth shut. Most people get caught because they are the types who big-note themselves anyway in any endeavour they are involved in, and they try to 'make sure that they are safe...!'

Let's face it, only Fox News believes the NSA/IRS/CIA et cetera are super smart; they're not super-smart, if anything they are super stupid.

But then tax dodgers and money launderers who get caught are even super-stupidER.

Successful tax-dodging and money laundering is the province of only the most extremely intelligent people that there are...

Offshore banking is a total waste of time and frictional costs.

All this 'encrypted this, encrypted that' too, is so much nonsense. BitCoin is proving that each new day.

You'll never shake most people's inherent attraction toward the fashionable. If you really want to hide money, first you have to have some worth hiding.

 

[Adre]

At this point I'm afraid I'd forget where I hid the damn stuff. Pay your 20% effective tax rate and enjoy the rest, life's too short to worry about such shit.

 

[islandman]

I know someone who's got a mattress you can have.

Grandpa once gave be some sage advice:

Never a borrower nor lender be, and always buy new when it comes to mattresses and underwear.


To answer the OP's question, I stuff mine into empty coffee cans and bury it in the backyard. The dog isn't a digger, so it'll be safe. Every few years I dig it out, run it through the washing machine and hang it out to air-dry.

 

[jeninflorida]

everyone must move money out of uncle obama welfare machine regime reach.

obama will spend it like bill clinton in a whore house...obama and government terrorist are irresponsible with spending. flog, just look at how much obama has to spend to support his slaves with welfare