Spending Illicit Funds In General (DNM RELATED, FRAUD RELATED) -To Spend Funds With No Legit Source-

Spending money from whatever source it may be and it is not laundered. For example, lets say I have aquired 100k in cash, with no source, not from a bank, not from anything, just physical 100k cash, If someone was going to buy a property car or boat, does the person just pay in full? To avoid this sort of thing? And if paying in full, there is no issue? No bank statements needed? it seems as if this is too easy, as I would assume if someone was buying a 50k brand new car, they could just walk in with 50k cash and no problem? Or is this skeptical and some points are being overlooked?


Comments


[3 Points] realmallady:

I have been going through this for years. I have found the best thing to do is to save a bit more, $200k-$250 and begin looking for someone or something to finance or buy. Small business, website, I lost access to a six figure "annonomous trust" when a lawyer screwed me. If your cash is coming from something sketchy but your not having police problems and money is the biggest problem now the IRS are the ones to watch out for, but he are far less scrutinous of things that are hard to prove/disprove. I am all about offshore endeavours these days, I built a small apartment complex in eastern europe that has been making huge profits for a few years now. I havent been audited in 4 years!!!!


[1 Points] TheMasterTrapper:

The only way to do that without laundering is to buy a car off craigslist and have them say you paid a lot less than what you actually paid. Any transaction over 10k usually comes with a form to fill out on how you got it.


[1 Points] VendorsNightmare:

Read this: http://taxmap.ntis.gov/taxmap/pubs/p1544-001.htm


[1 Points] Trappy_Pandora:

Spend illict money on illicit things such as drugs. Your drug dealer won't ask you about where the money came from unless theres too much blood on it.


[1 Points] aSchizophrenicCat:

Do you know how purchasing a car works? Doesn't matter if the money is clean. Your name will be attached to the car, and if you aren't making good money then expect a talk from IRS.


[1 Points] FrozenMCVegetableCok:

Hot Dog Carts and sandwich trucks. Learn to use small legit businesses as an apparent source of legit income. If done properly you end up with a growing legit business that keeps allowing you to clean more and more money. It's not unheard of for a single hot dog cart to clear over 80k a year in a decent location.


[1 Points] None:

Will gladly hold some bitcoin for you sir. SPARE SOME CHANGE?! CHANGE?!


[0 Points] None:

Launder it buddy. You'll need to explain where that money came from. It is TOO easy. IRS looks into shit like 2 girls 1 cup so watch out.

Or just donate it to a child in need fund. I'll PM you my... Er their BTC address :D