You find a suitcase with £1 million in it. What would you do
Discussion
My primary concern would be where did it come from - for practical reasons: if it used to belong to some Russian mafia, then them finding out someone else had it and was now spending it could be problematic for said person.
Therefore I may hand it over to the cops, but get a reciept then if nobody claims it in 3 months or whatever it is, it is mine.
Therefore I may hand it over to the cops, but get a reciept then if nobody claims it in 3 months or whatever it is, it is mine.
creampuff said:
My primary concern would be where did it come from - for practical reasons: if it used to belong to some Russian mafia, then them finding out someone else had it and was now spending it could be problematic for said person.
Therefore I may hand it over to the cops, but get a reciept then if nobody claims it in 3 months or whatever it is, it is mine.
What could be worst? Angry Russian mobsters or International Criminal Court´s agents?Therefore I may hand it over to the cops, but get a reciept then if nobody claims it in 3 months or whatever it is, it is mine.
Step 1 - get rid of suitcase
Step 2 - store the cash secretly somewhere away from my home for 3 months. Need to make sure the cash has no tracer and that no one saw me take the suit case away
Step 3 - launder (use Saul maybe?. Overpay mortgage by paying for everyday items in cash. When enough take equity out to buy a 2nd home (that needs refurb), pay workmen in cash. Sell primary home. Move into 2nd.
Step 4 - Find new home (sell 2nd). All cash now washed and no tax paid.
Step 5 - enjoy £1m of untaxed, washed money
Step 2 - store the cash secretly somewhere away from my home for 3 months. Need to make sure the cash has no tracer and that no one saw me take the suit case away
Step 3 - launder (use Saul maybe?. Overpay mortgage by paying for everyday items in cash. When enough take equity out to buy a 2nd home (that needs refurb), pay workmen in cash. Sell primary home. Move into 2nd.
Step 4 - Find new home (sell 2nd). All cash now washed and no tax paid.
Step 5 - enjoy £1m of untaxed, washed money
jofanon said:
Step 1 - get rid of suitcase
Step 2 - store the cash secretly somewhere away from my home for 3 months. Need to make sure the cash has no tracer and that no one saw me take the suit case away
Step 3 - launder (use Saul maybe?. Overpay mortgage by paying for everyday items in cash. When enough take equity out to buy a 2nd home (that needs refurb), pay workmen in cash. Sell primary home. Move into 2nd.
Step 4 - Find new home (sell 2nd). All cash now washed and no tax paid.
Step 5 - enjoy £1m of untaxed, washed money
Between Step 3 and Step 4 - Beware of the HMRC.Step 2 - store the cash secretly somewhere away from my home for 3 months. Need to make sure the cash has no tracer and that no one saw me take the suit case away
Step 3 - launder (use Saul maybe?. Overpay mortgage by paying for everyday items in cash. When enough take equity out to buy a 2nd home (that needs refurb), pay workmen in cash. Sell primary home. Move into 2nd.
Step 4 - Find new home (sell 2nd). All cash now washed and no tax paid.
Step 5 - enjoy £1m of untaxed, washed money
Kiddies softplay center. Lease a large warehouse, lease the equipment.
These places rake in the cash .. for a £100,000 startup, you can pull £300,000 - £400,000 a year. Add meals and drinks and kiddies rides into that equation and you could launder the lot within 3 years and pay the lease costs on the equipment so you owned it outright, and pay staff and have an audit trail for HMRC.
eg. most places charge between £3 and £5 for 90 minutes per child for play. (the wetter and colder the weather,m the more these places become magnets for families and childminders looking to let little johnny play).
lets say the average family goes there, 2 kids and has a meal / snack.. your looking at £20.
now add the possibility of there being over 300 kids there over a 10 hour period ..
Even accounting for quiet times, if your open for 365 days, then your looking to profit to the tune of about £3 million.... By making up attendees and injecting the "found cash" in at quiet times, your far more likely to make it transparent to HMRC .. plus you have a successful buisness, your own equipment and £1million laundered and payed back to yourself as dividends / salary
These places rake in the cash .. for a £100,000 startup, you can pull £300,000 - £400,000 a year. Add meals and drinks and kiddies rides into that equation and you could launder the lot within 3 years and pay the lease costs on the equipment so you owned it outright, and pay staff and have an audit trail for HMRC.
eg. most places charge between £3 and £5 for 90 minutes per child for play. (the wetter and colder the weather,m the more these places become magnets for families and childminders looking to let little johnny play).
lets say the average family goes there, 2 kids and has a meal / snack.. your looking at £20.
now add the possibility of there being over 300 kids there over a 10 hour period ..
Even accounting for quiet times, if your open for 365 days, then your looking to profit to the tune of about £3 million.... By making up attendees and injecting the "found cash" in at quiet times, your far more likely to make it transparent to HMRC .. plus you have a successful buisness, your own equipment and £1million laundered and payed back to yourself as dividends / salary
JVaughan said:
Kiddies softplay center. Lease a large warehouse, lease the equipment.
These places rake in the cash .. for a £100,000 startup, you can pull £300,000 - £400,000 a year. Add meals and drinks and kiddies rides into that equation and you could launder the lot within 3 years and pay the lease costs on the equipment so you owned it outright, and pay staff and have an audit trail for HMRC.
eg. most places charge between £3 and £5 for 90 minutes per child for play. (the wetter and colder the weather,m the more these places become magnets for families and childminders looking to let little johnny play).
lets say the average family goes there, 2 kids and has a meal / snack.. your looking at £20.
now add the possibility of there being over 300 kids there over a 10 hour period ..
Even accounting for quiet times, if your open for 365 days, then your looking to profit to the tune of about £3 million.... By making up attendees and injecting the "found cash" in at quiet times, your far more likely to make it transparent to HMRC .. plus you have a successful buisness, your own equipment and £1million laundered and payed back to yourself as dividends / salary
I think I'd rather K Foundation it than have to spend my life around a mass of bored children.These places rake in the cash .. for a £100,000 startup, you can pull £300,000 - £400,000 a year. Add meals and drinks and kiddies rides into that equation and you could launder the lot within 3 years and pay the lease costs on the equipment so you owned it outright, and pay staff and have an audit trail for HMRC.
eg. most places charge between £3 and £5 for 90 minutes per child for play. (the wetter and colder the weather,m the more these places become magnets for families and childminders looking to let little johnny play).
lets say the average family goes there, 2 kids and has a meal / snack.. your looking at £20.
now add the possibility of there being over 300 kids there over a 10 hour period ..
Even accounting for quiet times, if your open for 365 days, then your looking to profit to the tune of about £3 million.... By making up attendees and injecting the "found cash" in at quiet times, your far more likely to make it transparent to HMRC .. plus you have a successful buisness, your own equipment and £1million laundered and payed back to yourself as dividends / salary
DaveH23 said:
1. Walk in to a Casino
2. Buy 1 Million Pounds worth of chips
3. Spend up to around £100,000 lining the casino's pockets
4. Cash out £900,000 left over
5. Walk to bank with a nice cheque for your casino winnings
6. Let it earn a little interest
7. Blow the lot on coke and hookers
You don't think the casino might spot this cunning plan? Casinos are not interested in laundering your money for you. I am sure Casinos launder plenty of dirty money, but not on behalf of random numpties who happen across a suitcase full of cash and rock up with it hoping to turn it into clean cash for a modest 10% commission.2. Buy 1 Million Pounds worth of chips
3. Spend up to around £100,000 lining the casino's pockets
4. Cash out £900,000 left over
5. Walk to bank with a nice cheque for your casino winnings
6. Let it earn a little interest
7. Blow the lot on coke and hookers
Perec said:
DaveH23 said:
1. Walk in to a Casino
2. Buy 1 Million Pounds worth of chips
3. Spend up to around £100,000 lining the casino's pockets
4. Cash out £900,000 left over
5. Walk to bank with a nice cheque for your casino winnings
6. Let it earn a little interest
7. Blow the lot on coke and hookers
You don't think the casino might spot this cunning plan? Casinos are not interested in laundering your money for you. I am sure Casinos launder plenty of dirty money, but not on behalf of random numpties who happen across a suitcase full of cash and rock up with it hoping to turn it into clean cash for a modest 10% commission.2. Buy 1 Million Pounds worth of chips
3. Spend up to around £100,000 lining the casino's pockets
4. Cash out £900,000 left over
5. Walk to bank with a nice cheque for your casino winnings
6. Let it earn a little interest
7. Blow the lot on coke and hookers
Perec said:
Dangerous Dan said:
Motorrad said:
Burn it and make a video about it.
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