Lets say I have an equivalent of between USD 200k - 1kk in a undisclosed currency and I don't want anyone to know about them and that they belong to me. I also cannot prove where the cash came from. I want to open an account in an offshore bank and deposit the cash in this account.
And also, what are the best ways of smuggling this cash to the bank? Obviously I can't just pack it all into a bag and fly there unnoticed. I was thinking about bitcoin or some other cryptocurrency. I obviously will lose some of this dough in the process, but I'm aiming for the minimal loss possible but at the same time not giving the opportunity for the government (or anyone else) to steal it, so no paying some shady guy with a boat to get it there for me.
there is no way around crypto any cash transaction higher than USD 10K will be reported to the IRS. First they will assrape you for not paying your taxes, then they will throw you into jail after taking away your precious dough
Angel Mitchell
Call the Federal Reserve bank and ask them how to proceed. 202-452-3000
Noah Murphy
what you can do:
1) buy different crypto currencies from dealers on localbitcoins. Meet them in person and pay cash. Never show any ID documents and use burner phones if necessary. 2) find a business partner in panama and let him help you launder your crypto into one bank account on panama or any offshore heaven you prefer (he will take comissions of roughly 20%)
alternatives: - launder your money yourself (open up a burger joint and declare your illicit money as burger business profits, keep in mind that if you declare you sold 10 million burgers last year, the tax bureau might ask you for receipts for when you bought the raw materials for said burgers) - buy land and other tangible stuff like cars always in transaction below USD 10K and just hold it - open savings account in panama or singapore. then book a flight every half year and fly there with USD 10K (or whatever amount is allowed without declaring source of funds). Then when you arrive, deposit money into bank, have a nice vacation and fly back home.
Luke Young
I know, thats why I plan on buying p2p under 10k orders.
Evan Perez
Just buy a fucking vault op. And be sure not to use that money anywhere else besides places that don't require credit cards or checks.
Nathaniel Gray
It seems like crypto is the way to go. 20% is too high and I don't feel like letting anyone know about the cash.
The main problem is how to sell the coins for paper currency later. There are some people selling gold on deep web. I guess I could buy them with monero or bitcoin and then exchange the gold for cash.
Flying with 10k each half year would take too long.
Easton Myers
I have no idea of what is a vault op. I'm not from the US.
Carter Wright
Oh, I get it now, nvm. I don't like the idea of storing the cash myself.
William Perez
May I ask why it has to be on a bank account OP? I mean like anyone suggested you can rent a vault in a bank or buy your own safe and store your cream there. The important thing would just be to stay low profile and never spend more than 10K in one chunk. If necessary you can also set up your own "consulting company" or fast food joint to have a reasonable source of income if anyone asked you ever. I would just live off the cash and not bother too much.
Cryptos might one day become more accepted and maybe one day you can directly pay on amazon using btc. So exchanging them back is probably not that much of a problem. I think cash is preferrable to crypto if you already live in the country you want to live in. You won't have to cross any customs. Crypto is only necessary if you want to avoid customs asking ugly questions.
Charles Kelly
I mean, the albanians, turks and arabs in germany all launder their drug money with the shisha bars and kebab joints they run. If they are smart enough not to get detected, you can do it as well.
Ayden Hernandez
The problem is that I will be spending more than 10k, I have to. I really need the bank account and the money to get out of the government reach asap.
No time. (((They))) might be looking for me.
Lucas King
let's say you don't because you're on Holla Forums
What state are you in, OP, and how did you acquire the money? Some states allow you to keep ill gotten gains, so long as youpay taxes. Also, some lawyers can help you, if you can find one with flexible morality.
Jason Reyes
me filming
Xavier Long
I'm not in the US.
Cameron Lewis
Being this stupid means that you are going to lose all your money anyway. Just open the window and toss it out. You will save yourself a lot of time , effort, and eventual disappointment.
If you are insistent however, the easiest thing to do is to convert the cash into something that nobody looks for, is easily transportable, and readily converted back into cash when you get to where you are going to be banking with little loss. This is accomplished fairly easily, depending on what country you are in and what country you want to bank in. The easiest thing to do is to buy high-quality black-market diamonds. You can carry that quantity undetected through customs and airports quite easily. Then you sell them when you get to where you are banking. The loss on diamond sales is going to be about 30-40% unless they are very high quality. An option which is more difficult but which would limit your loss on the resale is to buy an expensive jet, hire a pilot to fly you to your offshore location, and then sell the jet there. Open your account, and fly you and the pilot home commercial. Loss on that should only be about 8-10%. Crypto is a bad choice with the amount you are talking about, as the second you buy it you will become a high-profile target for cybertheft. If you get hit, it will all be gone and there won't be a damn thing you can do about it.
Again, depending on what country you are in, there may be much easier ways to do this without any loss at all, but not knowing the country you are in prevents me from offering a better legit answer.
Bentley Gomez
Die autist
Chase Davis
Such high loss is unacceptable. How the hell am I going to buy a jet with cash? What about the fuel and buyers? Its not lot I can advertise a jet on craigslist and sell it for quick cash.
I know how to mask crypto. I just need a lot of wallets and void any links between them and also between me.
durrrr
Levi Gonzalez
Well, I told you that if I knew where you were I would be able to help you a lot better. A lot of this is location dependent.
Alexander Hill
I will have to cross large amount of waters. That is all I can say. FBI is watching this, 100% guaranteed.
John Williams
Why not launder the money at a Casino?
Lincoln Parker
a more common approach to this tactic is a yacht - people transport their wealth this way frequently - and the sale and purchase is far less regulated than aircraft
Alexander Thompson
lmfaooo
Noah Lopez
Can confirm SWIM can launder money through a Casino.
It'll take multiple trips but it is possible.
1. Using your legit money, write a check for like $500 to the casino and get some chips. 2. Walk to baccarat (or your choice of table game) table and use the chips you received for that table. 3. Use illicit gains to buy moe chips at the table. 4. Play table game very conservatively (only better 5% of your chips at a time) for about 10 to 15 minutes. 5. Buy a cheap alcoholic drink 6. Tell dealer to "color up" you chips for easier transport. 7. Cash out your chips 8. Take home haul and deposit the money into your bank account (or wherever you store your money) 9. Live life like normal until next week and/or month and go back to Casino to rinse and repeat. 10. Pay your taxes on your casino gains 11. ??? 12. PROFIT
No decent banking institution will accept that much without asking. Unless you go to some African shithole, you're not gonna get that shit in a bank.
Open an "Art/designer" story, make a nice looking website, make the whole thing look legit. Buy some cheap appliance from china, make painting…. Sell them 100 time more then what they cost you.
Juan Wilson
Can you tell me how the fuck you got 1kk? Times are rough man, help a brother out.
Julian Nguyen
That shit would be pointless if the FBI has caught on.
Julian Baker
If you pay me 20k I'll move that shit for you.
Or you could buy a yacht and live on it on international waters but you would be constantly looking over your shoulder.
Nolan Hughes
1. Buy a fire safe. 2. Put cash moneys in safe. 3. Spend cash as normal. People who don't trust banks keep their money in their mattress. The FBI doesn't care.
Isaac Rogers
...
Aaron Stewart
Time to look under some mattresses muhaha
Lincoln Hughes
Good luck with that, this won't even get you a decent fishing boat
Ethan Flores
spend it all on cocaine, its the only way to be sure
Henry Scott
Send BTC
3KNHy7Bv71UUjVaHdZNHCCYpJ986kU9f2H
Josiah Brooks
Fuck this guy, I'll move that shit for 20k legitimately.
Lucas Stewart
check the luxury yacht occasion resellers in the harbor you visit depending on the country and the morality of the merchant, you may be able to pay in cash, try to get hints beforehand once you own it, refurbish it with cheap local wages and quality hardware sail/hire pilot to bring it to the us, and sell it here, possibly at a profit
Dylan Morales
Op could make profit converting to coke. Especially if you start freebasing.
Joshua Cox
this seems like the best plan
Asher Bell
Why are you worried about the FBI if you are not in the US? They do not have jurisdiction where you are. See, I think you are completely full of shit. There is not a black market in the world where US dollars are not desired currency. You are either a total dumbass, or a volshill. Either way, fuck right the hell off.
Jaxson Perez
Deposit the money $40 at a time, do so once every two days until you're out of money to deposit. You only need to declare where the money's coming from if you're depositing large sums of money all at once.
Brandon Diaz
That would tale over 137 years to deposit all of the money..
Nicholas Hall
OP just donate it all to Holla Forums.
Jaxson Diaz
I think The (((PATRIOT Act))) makes that null as it forces bankers to be on the look out for "supicious deposit activity". If you are remotely supicious the IRS will freeze your funds without warning
Jack Hall
Or me and I will give 980k back.
I JUST REALLY NEED THE 20K MAN, THEY'RE GOING TO KILL ME
Yeah, that is too long of a time, but I imangined OP would deposit more than $40 each visit.
But if he were to deposit $3k-5k each time, than that would be supicious.
Isaiah Diaz
rest in peace, dude or, if "they" are mexican drug cartel, rest in pieces
Luke Lopez
it's called layering. big cash is just kilos of paper. 1kk dollars needs a trolley to transport, even in hundreds.
Ryan Reyes
Mexican cult. Rest in stomach acid.
Christian Bennett
Honestly this is pretty much the service casinos really provide.
Jayden Ramirez
The chinese are doing it the same way. They even load up ships with cash, move it over the pacific to hongcouver and let their chinese brothers there help them launder the cream for them. There are lots of chinese in vancouver so they know each other pretty good and all.
Charles Edwards
Also pls send me a few ETH so i can drink and empty my load in a few whores 0xBF25c969e687A384a279FFC255d928428E4BfDc2
Carter Peterson
make sure you bring a pillow
Colton Gutierrez
He could buy us all gold accounts. I'm a poorfag and so many images are hidden because I don't have 8c gold account.
