You find a suitcase with £1 million in it. What would you do
Discussion
I would keep quiet on it for a few weeks. See if anything pops up in the media. If nothing then start to use it.
I would look to see if the notes were consecutively numbered or somehow traceable. If they weren't I would do the following.
Slowly introduce the money into my day to day spending by purchasing pretty much all my monthly spends in cash. Fuel/ food/ clothes - small purchases etc etc. I would then overpay my mortgage up to the maximum allowable until I had paid it off. Then move my way up the housing ladder and repeat.
This is a hugely long term strategy though.
If the notes were traceable, coke and hookers, holidays etc
I would look to see if the notes were consecutively numbered or somehow traceable. If they weren't I would do the following.
Slowly introduce the money into my day to day spending by purchasing pretty much all my monthly spends in cash. Fuel/ food/ clothes - small purchases etc etc. I would then overpay my mortgage up to the maximum allowable until I had paid it off. Then move my way up the housing ladder and repeat.
This is a hugely long term strategy though.
If the notes were traceable, coke and hookers, holidays etc
Edited by panholio on Thursday 31st October 14:51
B17NNS said:
Out of interest how do criminals legitimise large sums of cash?
They start cash-heavy businesses. Like laundries. Hence "money-laundering". Recently, it seems, they just pop along to HSBC, who open up a special fund just for them. http://www.bbc.co.uk/news/business-18880269I've done lots of POCA investigations and seizures, so I guess the answer is "most of them struggle"
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