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Old 08-31-2006, 09:45 PM #1
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offshore savings

i'm in the usa and wanted to know how i can put some safety cash away.

is there a widley known established Cayman Islands bank i can get to online? or what do you recomend.
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Old 08-31-2006, 09:47 PM #2
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Originally Posted by sativen
i'm in the usa and wanted to know how i can put some safety cash away.

is there a widley known established Cayman Islands bank i can get to online? or what do you recomend.

Buy gold and get a safety deposit box. Gold increases in value so your $$ isnt collecting dust not growing. Plus you dont have to deal with foreign banks or international laws. Gold!!





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Old 08-31-2006, 10:14 PM #3
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well thats not a good solution...considering the forum you may understand what types of thing i need to protect it from..

THE COPS mostly..

they tend to label ANYONE a seller that has more than 3 plants.
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Old 08-31-2006, 10:23 PM #4
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Originally Posted by sativen
well thats not a good solution...considering the forum you may understand what types of thing i need to protect it from..

THE COPS mostly..

they tend to label ANYONE a seller that has more than 3 plants.
No shit Sherlock. I am aware you are trying to keep $$ away from police which is why you want to take $$ offshore. Unless you are moving 50-100K at a time its really not worth the hassle of putting it in foreign country. Dont you think that feds moniter transactions to the Caymen islands? The Caymen islands is ( pardon the cliche) so 80's. It was a good idea then but the feds kinda figured that one out. Get a safety deposit box and get gold . Or get gold and bury it. cash transactions , espically ou of country, you need to explain where cash came from or get flaggeed. And no its not if its over 10K . Could be 2K and you can get flagged if its deemed suspicous. Besides with the patriot act monitering cash transactions out of the country its really not worth the risk. If i had a nickel for every guy that had $$ yanked from the in the Caymens I'd be a really rich guy.

Plus if you do try to hide it down there, chances are you'll have to pay a hefty %% to the bank to hide it. Which is why unles you are moving over 100k, its not worth it






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Old 08-31-2006, 10:24 PM #5
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How much cash are you trying to move? That may help in finding a solution





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Old 08-31-2006, 10:27 PM #6
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GOLD!!!.....you can buy it by the ounce and spray paint it for stealth. Paint it grey and it'll look like lead. Hell, hide it under the pebbles at the bottom of your fish tank...the possibilities are endless.

Seed

PS- If the US dollar ever fails like it did in the 30's that gold will insure that you'll eat another day.
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Old 08-31-2006, 10:47 PM #7
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Is your money legal? If its legal money and you have the records to prove it, then I couldn't imagine them trying to seize those financial assets.

Maybe a trusted friend/family member can hold the money for you?
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Old 08-31-2006, 10:51 PM #8
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seems like not too hard for a cop to find what bank the box is at..
a letter of inquiry to say the 5 most popular names in town and

what? you think the bank lady is going to go break a sweat
protecting the info?

once they know where it is, isnt it easy for them to get a warrant to
open it?

no, its not alot of money..but its all i have.
and nowhere to borrow some if it all get seized.

Last edited by sativen; 09-01-2006 at 12:47 AM..
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Old 08-31-2006, 10:55 PM #9
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buy a safe... bolt it to the floor... and store whatever you want in there... problem solved or invest it in something legit like dude said above me.... so its not just there collecting dust... it is getting fatter by the day
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Old 08-31-2006, 10:56 PM #10
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Originally Posted by sativen
seems like not too hard for a cop to find what bank the box is at..
a letter of inquiry to say the 5 most popular names in town and

what? you think the bank lady is going to go break a sweat
protecting the info?

once they know where it is, isnt it easy for therm to get a warrant to
open it?

no, its not alot of money..but its all i have.
and nowhere to borrow some if it all get seized.

and if you get busted it wont tke much to figure out that your $$ is in the Caymens , then you get an international laundering charge. There is a risk in anything you do. Liek i said buy gold and bury it. Then you dont have to worry. You are making things alot harder then they have to be. If you arent a kingpin then i doubt you have alot of $$$ to hide. A gold bar can fit in a backpack and is 200K. Get gold and chill out








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