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offshore savings

G

Guest

making?
i'm not making anything , boy i seem to miscomunicated or you people assume alot, lol.
sorry to let that happen i'm just barely alive in the money dept.

but lets say if i were to grow a few plant in a bedroom and got busted i could get some moneys taken from me right? definately cash on hand but what about bank accts?
its possible right?

then what do i pay the lawyer with?
i absolutley dont want ot put no lein on my house
to pay a lawyer etc. not just lawyer but getting busted causes alot of other troubles ..., i know.

i just need to know there a small mad money that nobody can touch or at least alot harder than tapping my checking through whatever method they seize stuff with..

i mean a canada bank account must be a tad bit harder to seize from the usa than a domestic account. no? at least for a small time closet grower.

so rotting my cash in the ground dont seem like so hot an idea and i live in close quarters city houses 3.5 feet apart so burying here isnt a great thought either.

i'm thinking do i care who knows so long as i'm no terrorist or big time anything the courts arent wasting time approving seizure of a $2-3K savings in canda or cayman or whatever.

i'm so poor i'm looking for a type of insurance..
i know about homelessness and the domino fall of bad luck i been thru it already earlier in life.
 
T

treble

Active member
if you get busted with a commercial size grow, how ever the local authorities determine that, you will have your assets siezed. Thats all of them that they can find that is worth $$. So money, bank accounts, jewellry, vehicles, furniture, anything that has realizable value meaning it is cash or can be converted to cash.

It then does not matter where you got it from. Even if it was not from your grow activities you have lost it.

Buying Gold not used by me. FYI.

melting gold is a thing that can be done but unless you are setup for it you are going to have problems. We are talking serious levels of heat beyond anything outside of a kiln or smelter.

The other issue with gold is that when it is sold as an investment it is best to have the gold certified. Due to the different levels of purity available. Carat's used as a measure of this plus some other things. Certification protects the value but the gold has to remain in its original ingot form because thats how you link it to the certificate. Melting it down means you may take a cut on the value when cashing it in. like if you laundersomething you can't go to the bank and get 1 for 1.... you got somewhere else and get 40cents in the dollar or somesuch.

And in my experience all gold dealers will try you on. I got told by one guy that one of the worlds oldest financial institutions was unkown and my gold was of seriously dubious quality. Finest gold, renowned institution but he wanted to low ball by about 30%.... we know where that all went. Oh...no certificate just the stamped ingots.

treb
 
SpacedCWBY

SpacedCWBY

Active member
Veteran
5 gallon pails buried in your backyard under a bush. Fill a bucket with cash, bury it. Plain and simple. Everything else gets too complicated. If you pay your bills with pot money, bank what you earn at work, how do you live? That's what they're going to ask.

Take a vacation, enjoy what you earn - but not TOO much, put the rest aside in buckets.
 
G

Guest

well i don't have any pot money...
this is getting too far off topic.
the question is..
for some level of small time personal closet grow..
would it not be difficult to USA LEOs or courts to
sieze a canada or cayman island bank account with ony
$2-3k. i mean its not worth their time and the crime isnt of sufficiently HIGHER seriousness? like much higher quantity or addded stuf like embezzling or robbery or something.
in the USA dont they have to get a warrant based on evidence that the money is from something illegal or do they just call up their buddy Canada an say 'couldya grab that bank account for me and send it over ?" ..then make me prove its mine and legal to get it back?
we can all benefit by knowing at what and when we can expect to get what and when done to us when we get busted. i 'm not familiar with who and what gets seized and when as i dont read the paper they dont say on the
news what happens afterwards and i dont get the whole story by visiting or interviewing the bustees. i doubt they are in the mood to be chatty to any curious strangers anyway.

having no family left and few friends as i tend to be a loner i can never let my balance reach zero. theres no way home from there and its cold outside. if i cant make bail my kittycat gets sick or dies... if i cant stay home ..its gets robbed and vandalized. if i cant pay home insurance God will send a disaster to ruin me. he has done it before and i think he plans to do it again.

also if you want to talk about burying stuff could you make your own thread.. it doesnt answer my question at hand.

i want to discuss offshore bank accounts and to what extent can they benefit us as home growers. i mean this forum is for personal growers too isnt it..? has no home grower had an account siezed? I dont make money from pot but want to protect myself from liars that INTEND to say that i do as we all know its LEOs POLICY to do so.
but i doubt they can get said warrant for traffic tickets or a bag of weed but felony limit is 3 plants here and i dont abide by that so planning on being overcharged and preparing is just accepting reality.
 
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G

Guest

Mate,do not buy gold,when the dollar falls(which it is gonna)your gold will get nowhere ear what you paid for it.As for safety deposit boxes,homeland got that one taken care of as well,go find out/shock yourself..
 
G

Guest

seems like ur full of shit..dollar goes down gold goes up.
look man if u havenothign informative about the offshore accounts i asked about could you please just refrain..
i asked nothing about gold or safety deposit boxes..
 
M

Mr. Nevermind

I think threads like this are an LEO's dream. If some of you are making alot of cash of herb thats fine. But lets not advertise who is nor give money laundering tips in a public forum. just asking for trouble. My best advise to all is- find a greedy lawyer. Most lawyers are crooked and for the proper % of $ will do anything for a client to hide their money. Pre paid legal services are a goood idea. Its kind of like a bank account and bail at the same time. If you get locked up your lawyer will bond you out and pay yuou thee $$ for pre paid legal services back. So you never get your shit took. Lawyers are also creative with putting money into legal investmetns










Nevermind
 
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G

Guest

the first poster after you mentioned safety deposit boxes,,,wait and i,ll get you some links buddy,let you see what your gov has in store for the price of gold he,he. you trolling me karmagirl????
 
P

pmorris

Member
I really dont think its the smartest idea to open a offshore account now a days with the nsa monitoring transations out of the country and the patriot act shit. Also you cant just open offshore account like you are making a party poker account. You have to have proof of income for x amount of time and irrefutable proof of identity. And then there are fee's to open the account and whole bunch of other shit to deal with. Can you really trust the company or whoever it is with your money.. There are many ways to get your money legit but there is no point to talk about them on the forums like Mr. Nevermind has mentioned.

The law says: "Each United States person who has a financial interest
in, or signature authority over bank, securities, or other financial
accounts in a foreign country which exceeds $10,000 in aggregate
value, must report... each calendar year... " that fact on your federal
income tax return, IRS Form 1040 (Schedule B, line 7a).

An additional report is required if you're a US citizen or US permanent
resident and have one or more foreign accounts valued at $10,000
in the aggregate. Then you also must file an information return (Form
TDF 90-22.1) with the US Treasury. "Willful" non-compliance may result
in criminal prosecution.

The solution is simple enough; keep your account balance well below
the US$10,000 limit. This provides a buffer against interest income
and currency appreciation.
 
S

slicwilly2000

New member
NoveegianGod you were only one that did any research whatsoever, and for that I applaud you. Sativen you have a pm. Email or pm me back at your convenience.

Slic.
 
G

Guest

The Department of Homeland Security is then attempting to identify all citizens holding gold, silver, platinum or palladium bullion and/or bullion coins, or currency above the amount of $10,000, as well as certain classifications of diamonds and cut gemstones in their safe deposit box, towards a prelude to the re- institution of a greatly expanded confiscation act. They’re not going to seize anything now because they don’t have the power, because there is no confiscation act in place. So once they identify your assets inside the safe deposit box, they’ll have a list. That list will then go to the U.S. Treasury Department. Any asset confiscation is still going to remain within the domain of the U.S. Treasury Department, as it did in 1933.
http://www.libertyforum.org/showfla...mit=25&Old=1year&Main=294404260#Post294404671
 
G

Guest

This is what is unprecedented about this power, at least in the United States: The Regime has now been effectively given the power to financially penalize citizens based on their political beliefs and action. Before, it was only for financial crime.

This is a whole new expansion of the law and it is extremely dangerous because it is a weapon. Unlike the Treasury Department, Homeland Security can use this power without judicial procedure. This means they can go directly into the bank where your safe deposit box is and command the bank officer in charge of safe deposit boxes to open it.
 
S

slicwilly2000

New member
Dude if all you got is $3k and you want to put it somewhere where the govt won't find it you have a million options. I'm going to limit the scope here to keeping it as liquidable as possible. Forget the offshore acct. Use e-currency such as Egold, 1stdigibank, or pecunix. If you get an egold acct use whatever name you like as long as it's under $4k you will have no problems and your acct won't be blocked.

If you want something that will appreciate in value try investing in rare crystals. I suggest moldavite. The govt won't even bother with that. They'll think it's a dumb rock lol. Moldavite has went up 350% in value in the past 3 years. It's all about picking the right high value pieces. Of course it would take a week to liquidate, so your better off using e-currency but if it's long term I would suggest the moldavite.

Slic.
 
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