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General Discussion

elehhhhna

(32,076 posts) Thu Jul 5, 2012, 09:07 PM Jul 2012

Offshore assets: How does the money get there? [View all]

This is the important question. Moving your money directly offshore is traceable (unless it's cash on a private plane). Offshore accounts are OFTEN funded illegally. Bribes, payoffs - how are they delivered? You can't just cut the guy a check and have him drop it off at Bank of America.

Tax avoidance is one motive but a larger question is WHO FUNDED THE OFFSHORE ACCOUNT/S?

5 replies

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Highlight:

Offshore assets: How does the money get there? [View all] elehhhhna Jul 2012 OP

There are some interesting stories about USB and Credit Suisse runners who banned from Kos Jul 2012 #1

diamonds in the toothpaste tube! elehhhhna Jul 2012 #2

This question needs to be answered. JDPriestly Jul 2012 #3

Wikihow -- How to Transfer Funds to an Offshore Bank Account AnotherMcIntosh Jul 2012 #4

One other thing - you don't open a secret offshore bank account for the free toaster. baldguy Jul 2012 #5

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