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Wire transfer large sums of cash

Discussion in 'BlackHat Lounge' started by dragonizm, Jun 7, 2009.

  1. dragonizm

    dragonizm Junior Member

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    Hey guys,

    i was wondering say I had made a large sum of 50K$ each week, if they get wired to a bank account with really low funds, would it raise an alarm..? or is it just fine. From legit affiliate. I'm from Hong Kong

    thanks
    dragonizm
     
  2. sampo1time

    sampo1time Regular Member

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    I'm not sure of the laws or practices in Hong Kong, but here in the states a weekly deposit of $50,000 would definitely raise flags.
     
  3. dragonizm

    dragonizm Junior Member

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    If I had to wire half back to my partner, would that even raise an even LARGER flag?
     
  4. worldismine

    worldismine Regular Member

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    Im willing to test it out for you. Wire me the money and I will let you know what happened. :)

    But all joking aside. Large sums of money being deposited into accounts raise flags everywhere, especially if you account has never seen that kind of money before.
     
  5. banditrei

    banditrei Registered Member

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    Occupation:
    slacking off and making money
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    sounds like the nigerian scam be careful
     
  6. sleepparalysis

    sleepparalysis Registered Member

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    Here in the states if you did that the federalis would kick down your door, rape you with their M16's, trash your place and say they were searching for drugs/weapons. Then they'd seize any Gold you have. Then send you off to Guantanamo for a cockmeat sandwich.
     
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  7. dragonizm

    dragonizm Junior Member

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    No foh real.. ewhore money here
     
  8. sleepparalysis

    sleepparalysis Registered Member

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    That sounds like quite the campaign. Was that a two week or month long campaign?
     
  9. CoolAdvisor

    CoolAdvisor Jr. VIP Jr. VIP Premium Member

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    if ewhore than your money from dating/adult aff. programs?

    I think these are legitimate money, so nothing to be afraid of...
     
  10. bambi

    bambi Junior Member

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    Any transfer to/from a U.S. bank account raises a flag over $10,000. I've earned more than that in a pay period before and they sent me the money in separate transactions.
     
    Last edited: Jun 7, 2009
  11. dragonizm

    dragonizm Junior Member

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    I'm under 18 though...
     
  12. welshman

    welshman Power Member

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    Giving advance notice to your banks will cancel alarm flags. Print out commission email/report and take to bank when you advize them. Also, tell them this is a re-occuring commission and they will remove all alarm codes/flags from your account.
     
  13. welshman

    welshman Power Member

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    Does your affiliate program state you have to be over 18?
     
  14. dragonizm

    dragonizm Junior Member

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    Nope.
     
  15. dragonizm

    dragonizm Junior Member

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    Asked this question on a Hong Kong Forum

    What do you guys think..? Should I get the affiliate to pay to my partner? He's located in the US
     
  16. welshman

    welshman Power Member

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    Then it's legal money and giving your bank advance notice with proof will lift all restrictions on your account. Most US/Canadian and UK banks have a no flag option. If you transfer money to another account as well, tell the bank that's your plans and they will notify the aother bank account's bank as well.
     
  17. dragonizm

    dragonizm Junior Member

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    So I should tell the bank prior the wire transfer..? If so i'll try it. hope i don't get into any account freezing and stuff
     
  18. welshman

    welshman Power Member

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    Why? If it's legit (it is as you have a contract/ToS with your affiliate) they cant do anything. What would happen if you won the lottery? (Assuming you were over 18) and received a once off payment of $50 million??? Bank would not freeze it as you have proof. IF you had NO proof where the money came from, other stories!
     
  19. DrJekyll

    DrJekyll Senior Member Premium Member

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    A man smarter than I, said 3k gets triggered.

    he would loan money to a friend, but would only give 2k at a time.I believe He knew what he was talking about.

    but really nothing to worry about, unless you are avoiding taxes, or affiliated with certain groups that woudl do harm to others
     
  20. rfuntain

    rfuntain Newbie

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    Hey another thing you could consider. Have your business partner set-up your business as a S-corporation this way your are protected. Then there is no set amount that you can take in or transfer. Far example: Corporations move thousands to millions of dollars each day. If you become a large corporation, you will also need more bank accounts. Mircosoft has 1400 bank accounts.