What do you think guys?
try to be honest.
Is hard to think it if you are not in the real thing but you can try.
I think is all about personality, ethic, values and needs.
i like to think the right thing to do is to give it to the police.
What would you do?
Hell no. If I found a million dollars of lost drug money, or even ten thousand dollars of lost drug money, I would take it in a heartbeat. If I find any abandoned stash of money or drugs I will happily take it for myself, although I wouldn't mind sharing the wealth with a few friends and family.
There is no "right thing to do", because either way, that money will end up going to somebody sooner or later, that somebody might as well be me. You know what they say, finders keepers.
I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration.
For those of you who said they would keep the money instead of turning it in...watch the movie "Cash".
shareI dream about being rich every day. So returning it is not an option.
shareYes I would return it. Taking it means you're looking over your shoulder for the rest of your life.
Peace of mind is far more important than money. I might skim a hundred bucks off the top as a personal reward for honesty, but leave the rest for someone else to stumble over..
shareIf it is drug money, might as well keep it.
shareDepends entirely on how confident I was that I could get away with it without murderous drug dealers tracking me down.
shareOne million? There was only 500K in the trunk....
shareThese days it would be a lot more difficult to keep it, especially if it’s dirty money and the bills are marked. You’d have to launder a million dollars, and in the 21st century the majority of businesses are not cash operations but use credit. You’d have to open your own business like a car wash or restaurant and then slowly wash the money over many years. And if the IRS comes knocking you have to make sure your affairs are in order. More trouble than it’s worth.
shareThe paucity of imagination on this thread is BREATHTAKING.
The number of ways to keep the money w/little to NO chance of getting caught are essentially limitless, and take very little thought.
One simple way: go to Vegas. Buy chips. Gamble for a few hours. Cash in your chips. Repeat over the weekend; take the new cash/proceeds home; invest/store/bank it.
Etc, etc, etc. Unless you're amazingly stupid, there are Several ways to wash that amount of money. It may take you a while, but it's pretty simple.
Lol, that’s your plan? For a start the casino would have to be in on the laundering operation as well. Secondly, how are you going to explain where you got the “proceeds” that you just deposited in your bank? Unless you’re part of a major criminal organization it’s going to be very difficult to wash this money by yourself.
shareYike. . .
It's always interesting how many people are willing to go online and flaunt their fundamental lack of awareness. On EVERY level.
Sigh: NO, the casino would NOT have to be "in on it." Have you ever Been to a casino? You buy X amount of chips (not too many; it pays to be patient). You go gamble (SPARINGLY; stretching your time out). You win if you're absurdly lucky, you lose a bit if you're normal. You go back to the cage, cash in your chips, and take that clean money back home with you. Rinse, lather, repeat.
As far as depositing it in the bank at that point, you'd have to either stash it in a safe deposit box, create a cash-based revenue stream, or (insert any number of other simple solutions you're clearly not bright enough to think of).
Simple.
You're a real idiot. Casinos have policies and procedures to be on the lookout for money laundering. That's why the casino has to be IN ON the scheme, otherwise they'll notice.
Also you're going to have to STILL explain when you do your taxes on how you even got the money.
Jesus you're quite dense. If I hear anymore stupidity out of your mouth I'll track you down via your IP and bitchslap the stupid out of you.
LOL: Your faux tough guy nonsense is Not distracting anyone from your basic stupidity. You could've simply apologized for blathering about things you (clearly) know nothing about; instead you've decided to triple down on your idiocy.
Once more, for the cheap seats: NO, casinos don't have to be "IN ON" anything. A routine buy of 5 or ten thousand bucks of chips is not anything ANYONE is going to notice, on ANY level. Period.
Similarly, your babble about "doing taxes" continues to be hilariously dense. Do you have any idea how safe deposit boxes work? Cash businesses? Et cetera? These are rhetorical questions, btw. Don't hurt yourself straining for comprehension.
As far as you "tracking me down," pardon me if I'm completely unimpressed by your threats. Clearly, you're a huge clown. You can go now.
Again, you’re dumb. Casinos have anti-money laundering programs. They look for red flag indicators that an individual is using it to launder large amounts of cash. It’s no where as easy as you think.
Likewise, I already mentioned opening up a cash business as a revenue stream for laundering money, so your little “gotcha” moment there is a fail considering it was my original point.
Likewise, banks and other financial institutions have programs and red flags to look for when preventing money-laundering with safe deposit boxes. In the era of technology and camera surveillance it would be nigh on impossible unless you have an extensive network of helpers or other means.
I’m going to give you another chance to polish your intelligence, which at the moment isn’t shining too brightly.
Like I said, one more peep out of you and I will track your IP address, come to your house, and smack you in the balls for being so dumb. Consider it a public service.
Goodbye now
Let's review the bidding:
1) You are COMPLETELY talking out of your @$$. Clearly, you know NOTHING about casinos. For the umpteenth time, buying a few thousand in chips, gambling for a couple hours, then cashing out is Never Ever EVER going to trigger any mythical "red flag indicator" you fantasized about with your fellow 13 year olds. Newsflash: That's Not How It Works. Period.
2) You (clearly) are bad at comprehension. Reading, and otherwise. Spoofing a cash business isn't a "revenue stream," and you wouldn't be "laundering" the money, as it would already be clean at that point. You really have no idea what you're talking about.
3) BANKS DO NOT CHECK TO SEE WHAT'S IN YOUR SAFE DEPOSIT BOX, you absolute IDIOT. "Technology and camera surveillance"??? What on earth are you babbling about? Clearly, you. . .wait for it. . .Don't have Any Idea How Any Of That Works.
4) You tick all the boxes: ignorant, mistaken belief in self, stupidity, stubbornness. Conclusion: You Fail At Life. SO:
5) Your fantasy of finding me and doing physical violence is utterly hilarious. Consider this your open invitation. I'm waiting. . .
No offense, but I really don’t think you’re grasping this simple concept, so I’m going to keep this brief:
You have to report all your winnings and losses on your taxes. You can’t just buy chips at the casino, go cash out, and expect the IRS isn’t going to notice that you haven’t actually won or lost anything.
Similarly, what good is a safe deposit box going to be if you can’t actually use the money? It’s just going to depreciate over time due to interest. You’re certainly not going to be able to change your lifestyle based upon money you can’t touch sitting in a box somewhere
You lose, again. I think you’ve been watching too many movies.
LOL:
***No offense, but I really don’t think you’re grasping this simple concept, so I’m going to keep this brief:
Are you really this stupid? Or trolling? I honestly can't tell, at this point.
***You have to report all your winnings and losses on your taxes. You can’t just buy chips at the casino, go cash out, and expect the IRS isn’t going to notice that you haven’t actually won or lost anything.
You have two options: either cash out & report the money, or stick it in a box and sit on it. I've explained this repeatedly, but clearly: comprehension Ain't Your Thing.
You also simply don't get how any of this works. You do NOT report gambling losses; they're not tax-deductible. And you can (at most casinos) buy up to 10K in chips before the casino notifies the IRS. AND: YOU ARE NOT *WINNING* ANYTHING!!! You IDIOT. So none of the reporting scenarios you're talking about apply. You buy chips, you gamble, you lose slightly, then you go cash out your remaining chips. At NO TABLE OR GAME, WOULD YOU HAVE TRIGGERED A "WINNING" REPORT.
Idiot.
***Similarly, what good is a safe deposit box going to be if you can’t actually use the money? It’s just going to depreciate over time due to interest.
It's actually fascinating watching that hamster of yours spin that wheel, uselessly. "Depreciate over time due to interest?" WHAT ON EARTH are you TALKING ABOUT?
STOP! Stop! That was a rhetorical question. It's clear you have no idea.
***You’re certainly not going to be able to change your lifestyle based upon money you can’t touch sitting in a box somewhere
This is the Only thing you've said that's even slightly correct. BUT THE ENTIRE POINT here was to Wash The Money. Remember? (Of course not). Once you've done that, now the process of turning it into legit, reportable income is another issue. But again: hardly a difficult task, given time and a basic level of intelligence.
Which (clearly) leaves You out.
Again, you seem to almost be purposefully obtuse by not grasping this relatively simple concept. It seems you are getting madder with each reply due to your own lack of critical thinking and cognitive awareness. Funny, yet mostly sad.
Anyway… losses ARE tax deductible you pleb, I suggest you fact check before writing nonsense.
Anyway… let’s say you get away with your whole plan of registering with an online casino that also doesn’t require a gambling account to be set up: you break your deposits down into smaller amounts that won’t attract attention.
The problem is still:
A) your money is going to be depreciating while it’s sitting in a safe deposit box due to inflation, do not even try to argue this fact.
B) you can’t touch the money because it’s sitting in a safe deposit box. That would entirely negate the point of washing it in a casino you doofus. That’s why is specifically said that you’d need to open up some kind of cash business to wash the money so you could declare it on your taxes. And if that’s the case then you’d have to have at least two other people in on the scheme, an accountant and a manager. And god help you if you get audited.
TLDR: laundering millions of dollars worth of money at a casino is pointless waste of time and stupid, as demonstrated by above argument.
Ah well, you lose again. You mad bro? I suggest you give up before embarrassing yourself further.
Okay, I'm convinced: you're trolling. NOBODY could be *this* stupid. But I'm bored, so:
"Anyway… losses ARE tax deductible you pleb, I suggest you fact check before writing nonsense."
In brief, losses you deduct can't be more than the amount of gambling income you reported on your return. So since you're NOT REPORTING THIS AS INCOME, then NO: you can't deduct it. Idiot.
"Your money is going to be depreciating while it’s sitting in a safe deposit box due to inflation, do not even try to argue this fact."
Hilarious how you babble words like "depreciate" as though you know what they mean. (Hint: you Don't. You're simply Wrong.)
"You can’t touch the money because it’s sitting in a safe deposit box."
Of course you can, idiot. Unsurprising you think otherwise, since in the bizarro world you inhabit, there is "technology and camera surveillance" connected to safe deposit boxes. BWAHAHAHAHAH. . .
IDIOT.
"That’s why is specifically said that you’d need to open up some kind of cash business to wash the money so you could declare it on your taxes."
And now you're gonna claim this is what You said, when it's clear if you scroll up a bit I've been saying this all along. Nice try.
"And if that’s the case then you’d have to have at least two other people in on the scheme, an accountant and a manager." No, you wouldn't, neckbeard. All you need is a basic understanding of how things work. We're not talking about hundreds of millions, here.
"laundering millions of dollars worth of money at a casino is pointless waste of time and stupid, as demonstrated by above argument."
No, it's fairly simple and straightforward. You're simply too stupid to understand. Period.
You really are quite the moron aren’t you? Gambling IS tax deductible, look it up dickhead.
Secondly, it appears you’re too dense to realize that money depreciates in value due to inflation. Try getting an education.
Thirdly, the entire GIST of my argument was that you’d need a cash business to wash money if you want to use it. Try rereading my comments you illiterate moron.
Finally, you have yet to disprove that trying to launder a million dollars through a casino is anything but a waste of time.
Now let’s see if you can actually manage to counter this without a massive word salad you idiot troll.