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Best bank to hide a lot of blackhat cash?

Discussion in 'BlackHat Lounge' started by pewep, Nov 16, 2009.

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  1. pewep

    pewep Power Member

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    Alright, lemme be honest, I've recently had a surge of cashflow. The problem is that I can't really explain my guap to someone. Yes I know all the regular bullshit that would fly with the ordinary layman but it wouldn't explain huge paypal payments I sent to indians. Bottom line is I can't explain how I got the cash if some serious probing was done and would have to clam and lawyer up.

    I need a bank that doesn't ask too many questions. In and out, professional, doesn't need to establish a personal relationship with me. Of course I have all the required credentials to be accepted into any U.S. bank. All I wanna know is the best that won't ask me shit and will cash my cheques!

    E.g - Standard line will be "online business, google advertising :D". Large cheques ($5K-$10K+ monthly).

    Edit: The reason I was asking this is because I tried to cash a pretty small cheque ($1K) recently and the bank teller was like, "Ummmmm do you usually get checks like this?!?" I'm like wtf bitch, what about when the rest of the birds fly in?
     
    Last edited: Nov 16, 2009
  2. peter2002

    peter2002 Senior Member

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    I think you'll have problems with all US banks. Offshore solution would be better.
     
  3. pewep

    pewep Power Member

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    Indulge me.
     
  4. muscleteen

    muscleteen Regular Member

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    Bro, the banks aren't really at fault. They are forced to question you once you give/receive a certain threshold of money. I don't know the limit in USA, but what I do know is unless a considerable amount of cash is devoted to maintaining "friendship" with politicians, the authorities WILL corner you. Lol. Meaning even if it happens that you "know someone" in a bank who can get the transaction done, it will be checked by authorities.

    So, possible solutions would be:
    invest in whitehat in small amounts for a long period of time (PPC etc)
    invest the money in stocks (non taxable as you're paid dividends, not interests)
    or give $100/day to noobs who ask how to make $100/day!

    Try the stocks stuff man!
     
  5. theleadsource

    theleadsource BANNED BANNED

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    The limit int he USA is 10,000.00. If you keep it under 7K - 8K on a regular basis you should have no issues.

    Open several accounts, all different banks and rotate them.

    I've never had an issue in my whole life and there was a time when I was in a different business in the 90's and it was not unusual to get checks over 20K on a regular basis.



     
  6. muscleteen

    muscleteen Regular Member

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    Hmmm, even if you open various accounts, the authorities will make the link. Honestly, I'm working hard to get problems like yours.. :p
     
  7. theleadsource

    theleadsource BANNED BANNED

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    No they won't. You open them under different EIN numbers with different LLCs.
     
  8. matapples01

    matapples01 Regular Member

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    I don't think you need multiple EIN's but you do need a business account of some sort. Bringing in a $10k check for deposit into a personal account is much less frequent than brining in a $10k check for a business. I don't think the latter would raise many questions at all.
     
  9. theblacksombrero

    theblacksombrero Newbie

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    The magic number is $200. If you set up a company that brings in $200 per day, it will NEVER get flagged or questioned. That is for the US.

    If you go offshore, once you prove you are not selling drugs, profiting from child porn, or selling arms, you are good. Tell them stright up how you make money...they don't care about US laws. Just make sure who ever is paying you can wire to the offshore account. Move the money once or twice offshore, then wire it back in when you need it...and declare it for taxes. Done.

    The Black Sombrero
     
  10. agente808

    agente808 Regular Member

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    Orange Inc - get a euro account...
    Send the money to europe - safe and far away (how about a Swiss account, they're still supposed to have pretty good banking)

    I would recommend against an "off-shore" in the Bahamas (or other random island of your choice) account, they are not really very secretive and that's the first place the IRS looks :)

    - not true, dividends are taxable, it's still income
     
  11. JonesersRX7

    JonesersRX7 Regular Member

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    Remember that daily deposits over $9,999.99 will be reported to the IRS and I am sure other agencies putting you on a watch list. Especially if you already appear shady.

    The problem with your situation is that instead of creating a back story to cover your ass and make you appear legit you simply are foregoing that important piece of the puzzle. Create that story and it will be much easier at any bank.
     
  12. theleadsource

    theleadsource BANNED BANNED

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    200.00 a day?

    That's nothing for a business to deposit on a regular basis. I was depositing 7000.00 a day in the 90s with no issue.



     
  13. matapples01

    matapples01 Regular Member

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    I think we need more information. If you're just looking to deal with idiotic bank tellers asking questions, a business account should work.

    But, if you're looking for a way to hide RECEIPT of money, you need to figure out a solution on the front-end, which is exponentially more difficult. If aff-type companies are paying you based on your real name and soc. sec #, that's taxable income and Uncle Sam wants their piece. It doesn't matter if you've got it under your mattress, in multiple back accounts or you pissed it away on hookers, you owe some money. When those companies file their own tax docs, there will be a record of paying you X amount and the income tax liability trail will find its way back to you.

    If it's money paid to you from individuals (a la ebay or some equivalent) you could probably live a life of cash in/cash out and fly under the tax radar but, depending on how you're getting money from them, I think even gaypal has thresholds on what you can pull in before they report the cash.
     
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  14. spfld69

    spfld69 Newbie

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    I think theleadsource is right on with this one. Having different businesses with different EIN numbers should do the trick.
     
  15. fun4uoc

    fun4uoc Jr. VIP Jr. VIP Premium Member

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  16. Lex Leto

    Lex Leto BANNED BANNED

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    If you're really serious about this and know you'll be getting quite the cashflow for a while, then a Swiss bank might be your best option.

    http://www.google.com/url?sa=t&source=web&ct=res&cd=4&ved=0CBwQFjAD&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FBanking_in_Switzerland&ei=PqoBS7DbC4qslAeKrdyZCw&usg=AFQjCNH62an6bWdht4sK8trprOaJfHhlTg&sig2=pyBpctkGgXQPYSAOkQRpow
     
  17. evildave

    evildave Newbie

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    As long as you pay your taxes you should have nothing to worry about and nothing to hide. Making link wheels is not against the law. heh.

    If Google is cutting you checks - the tax man already knows about it and I can't imagine any local bank asking questions about $7-10k.
     
  18. peter2002

    peter2002 Senior Member

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    It's not daily but monthly deposits.
     
  19. mockba

    mockba Junior Member

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    same as you would do with any CPA campaign or similar profits. spread it out over different accounts and invest into white hat models. stocks is another option, but you still need a story of where you got the money in the first place.

    it's better to have some kind of traceable white method that can account for some of the $, then take the rest to offshore. I hear panama is a popular option. You can even become a PR by purchasing real estate worth 200K+ (local banks can finance up to 60% i think).
     
  20. ArthurDent42

    ArthurDent42 Newbie

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    Anything over $10K, or any series of smaller transactions that look like they are from the same person and add up to more than $10K will be reported by any US bank to the feds. That's the law. A huge consumer bank like citi or BofA will be likely to ask fewer questions, but they will be keeping track and reporting to the feds.
     
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