money laundering
 

guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to the
bank tomorrow to state where the money came from...was I right to do that or
should I have just taken the cash ? .....what would have happened...

money laundering
 

On 19/08/2019 18:57, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to the
bank tomorrow to state where the money came from...was I right to do that or
should I have just taken the cash ? .....what would have happened...

I don't think private individuals have a legal duty to check against
money laundering; only banks and the like.

Unless the notes smell strongly of marijuana...

--
Max Demian

money laundering
 

"Max Demian" wrote in message
o.uk...
On 19/08/2019 18:57, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to
the
bank tomorrow to state where the money came from...was I right to do that
or
should I have just taken the cash ? .....what would have happened...

I don't think private individuals have a legal duty to check against money
laundering; only banks and the like.

Unless the notes smell strongly of marijuana...

but what if they check up and I lose the money ? ...

money laundering
 

Max Demian wrote:
On 19/08/2019 18:57, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to the
bank tomorrow to state where the money came from...was I right to do that or
should I have just taken the cash ? .....what would have happened...

I don't think private individuals have a legal duty to check against
money laundering; only banks and the like.

Unless the notes smell strongly of marijuana...


Or faeces, once Jims had his hands on them for more than 5 minutes anyway.


--
M0TEY // STC
www.twitter.com/ukradioamateur

money laundering
 

On Monday, 19 August 2019 18:58:06 UTC+1, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car
he had viewed the other day...I told him that he would have to
come with me to the bank tomorrow to state where the money came
from...was I right to do that or should I have just taken the
cash ? .....what would have happened...

Your bank would have asked you where the money came from. Presumably you would have a copy of the advert and the car sale/transfer forms to substantiate that, if asked to provide it.

Start doing it too often and you run the risk of your account being frozen for investigation.

Owain

money laundering
 

wrote in message
...
On Monday, 19 August 2019 18:58:06 UTC+1, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car
he had viewed the other day...I told him that he would have to
come with me to the bank tomorrow to state where the money came
from...was I right to do that or should I have just taken the
cash ? .....what would have happened...

Your bank would have asked you where the money came from. Presumably you
would have a copy of the advert and the car sale/transfer forms to
substantiate that, if asked to provide it.

Start doing it too often and you run the risk of your account being frozen
for investigation.

Owain

stuff that I am taking him to the bank with me tomorrow to explain where the
cash came from....he was saying he doesn't like banks and keeps cash
only.....his problem I am not going to make it mine....

money laundering
 

On Mon, 19 Aug 2019 11:44:39 -0700 (PDT),
wrote:

guy just came to my door tonight with £12000 cash to buy a car
he had viewed the other day...I told him that he would have to
come with me to the bank tomorrow to state where the money came
from...was I right to do that or should I have just taken the
cash ? .....what would have happened...

Your bank would have asked you where the money came from.

Why involve any bank in the first place? It's cash shove it under the
matress and use it to buy things.

--
Cheers
Dave.

money laundering
 

"Dave Liquorice" wrote in message
idual.net...
On Mon, 19 Aug 2019 11:44:39 -0700 (PDT),
wrote:

guy just came to my door tonight with £12000 cash to buy a car
he had viewed the other day...I told him that he would have to
come with me to the bank tomorrow to state where the money came
from...was I right to do that or should I have just taken the
cash ? .....what would have happened...

Your bank would have asked you where the money came from.

Why involve any bank in the first place? It's cash shove it under the
matress and use it to buy things.

but I don't want to spend it at the moment and puting it into the bank I
shouldn't run the risk of some of it being forgeries .....

money laundering
 

On 19/08/2019 18:57, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to the
bank tomorrow to state where the money came from...was I right to do that or
should I have just taken the cash ? .....what would have happened...


Was it all in £50s? Round here petrol station won't accept them because
of forgeries. I'd have thought that was the biggest risk (assuming you
have V5C records for the transfer).

I know a few people with cash businesses who regularly carry round
several thousand pounds in cash.

I was once asked very politely by a bank where a cheque for a few £k had
come from, but they were perfectly happy with my explanation (iirc it
was a legacy from the executor).

I paid £1100 into a post office in 10's and 20's a couple of weeks ago,
it just went straight into the counting machine. I don't know whether
these have some fake detection in them. But that is below the level that
trips the "laundering" check.

money laundering
 

"newshound" wrote in message
o.uk...
On 19/08/2019 18:57, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to
the
bank tomorrow to state where the money came from...was I right to do that
or
should I have just taken the cash ? .....what would have happened...


Was it all in £50s? Round here petrol station won't accept them because of
forgeries. I'd have thought that was the biggest risk (assuming you have
V5C records for the transfer).

scottish money not many forgeries about.....I considered that as well and
was another reason I wanted the buyer there when I was paying it in.....

I know a few people with cash businesses who regularly carry round several
thousand pounds in cash.

I was once asked very politely by a bank where a cheque for a few £k had
come from, but they were perfectly happy with my explanation (iirc it was
a legacy from the executor).

I paid £1100 into a post office in 10's and 20's a couple of weeks ago, it
just went straight into the counting machine. I don't know whether these
have some fake detection in them. But that is below the level that trips
the "laundering" check.

money laundering
 

On 19/08/2019 19:44, wrote:
Your bank would have asked you where the money came from.

A friend of mine told them "Drugs and prostitution". I wouldn't have
risked it, but it shut them up!

Andy

money laundering
 

On 19/08/2019 21:46, Vir Campestris wrote:
On 19/08/2019 19:44, wrote:
Your bank would have asked you where the money came from.

A friend of mine told them "Drugs and prostitution". I wouldn't have
risked it, but it shut them up!

Andy

I gather the smart drug dealer used to carry a collection of winnings
receipts from fixed odds betting terminals, before the government
unhelpfully reduced the maximum stake to £2 or whatever. I believe the
bookies "cut" of 7% (?) was considerably better than you got from more
traditional money launderers.

money laundering
 

Jim GM4DHJ ... wrote

guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to
the bank tomorrow to state where the money came from...

Mad.

was I right to do that

Nope.

or should I have just taken the cash ?

Yep.

.....what would have happened...

What ?

money laundering
 

"Jim GM4DHJ ..." wrote in message
...

"Max Demian" wrote in message
o.uk...
On 19/08/2019 18:57, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to
the
bank tomorrow to state where the money came from...was I right to do
that or
should I have just taken the cash ? .....what would have happened...

I don't think private individuals have a legal duty to check against
money laundering; only banks and the like.

Unless the notes smell strongly of marijuana...

but what if they check up and I lose the money ? ...

They can't and you wont.

Even if they have the bank note numbers recorded
and were a bait used to catch say a blackmailer and
the cops managed to **** up completely and didn’t
manage to stop the blackmailer getting away with
the bag of cash, you still wouldn’t lose the money.

money laundering
 

On 20/08/2019 02:01, Rod Speed wrote:


"Jim GM4DHJ ..." wrote in message
...

"Max Demian" wrote in message
o.uk...
On 19/08/2019 18:57, Jim GM4DHJ ... wrote:
guy just came* to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me
to the
bank tomorrow to state where the money came from...was I right to do
that or
should I have just taken the cash ? .....what would have happened...

I don't think private individuals have a legal duty to check against
money laundering; only banks and the like.

Unless the notes smell strongly of marijuana...

but what if they check up and I lose the money ? ...

They can't and you wont.

Even if they have the bank note numbers recorded
and were a bait used to catch say a blackmailer and
the cops managed to **** up completely and didn’t
manage to stop the blackmailer getting away with
the bag of cash, you still wouldn’t lose the money.

If they were counterfeit I assure you would forfeit the lot and likely
lose the car.

Perhaps in the land of criminal forefathers things might be different?

money laundering
 

"Fredxx" wrote in message
...
On 20/08/2019 02:01, Rod Speed wrote:


"Jim GM4DHJ ..." wrote in message
...

"Max Demian" wrote in message
o.uk...
On 19/08/2019 18:57, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me
to the
bank tomorrow to state where the money came from...was I right to do
that or
should I have just taken the cash ? .....what would have happened...

I don't think private individuals have a legal duty to check against
money laundering; only banks and the like.

Unless the notes smell strongly of marijuana...

but what if they check up and I lose the money ? ...

They can't and you wont.

Even if they have the bank note numbers recorded
and were a bait used to catch say a blackmailer and
the cops managed to **** up completely and didn’t
manage to stop the blackmailer getting away with
the bag of cash, you still wouldn’t lose the money.

If they were counterfeit I assure you would forfeit the lot

Sure, but its trivial to check if its counterfeit before handing over the
car.

and likely lose the car.

Bull**** if he trys to register it.

money laundering
 

On Monday, 19 August 2019 20:36:10 UTC+1, Jim GM4DHJ ... wrote:
Your bank would have asked you where the money came from. Presumably you
would have a copy of the advert and the car sale/transfer forms to
substantiate that, if asked to provide it.
stuff that I am taking him to the bank with me tomorrow to explain where the
cash came from

Doesn't prove anything; he could be lying too. Banks and regulators like paperwork.

Only advantage of meeting him at the bank with cash is that he can't get the keys then mug you for the money.

Owain

money laundering
 

wrote in message
...
On Monday, 19 August 2019 20:36:10 UTC+1, Jim GM4DHJ ... wrote:
Your bank would have asked you where the money came from. Presumably you
would have a copy of the advert and the car sale/transfer forms to
substantiate that, if asked to provide it.
stuff that I am taking him to the bank with me tomorrow to explain where
the
cash came from

Doesn't prove anything; he could be lying too. Banks and regulators like
paperwork.

Only advantage of meeting him at the bank with cash is that he can't get
the keys then mug you for the money.

Owain

as if he would ... you have been reading too many lies about Glasgow
............

Lonely Psychopathic Senile Ozzie Troll Alert!
 

On Tue, 20 Aug 2019 11:01:57 +1000, cantankerous trolling geezer Rodent
Speed, the auto-contradicting senile sociopath, blabbered, again:



but what if they check up and I lose the money ? ...

They can't and you wont.

Even if they have the bank note numbers recorded
and were a bait used to catch say a blackmailer and
the cops managed to **** up completely and didn¢t
manage to stop the blackmailer getting away with
the bag of cash, you still wouldn¢t lose the money.

The hilarious thing is that you are always absolutely CERTAIN of the
validity of the bull**** you keep making up ad hoc, you clinically insane,
"all-knowing", sociopathic swine! LOL

--
Website (from 2007) dedicated to the 85-year-old trolling senile
cretin from Oz:
https://www.pcreview.co.uk/threads/r...d-faq.2973853/

Lonely Psychopathic Senile Ozzie Troll Alert!
 

On Tue, 20 Aug 2019 12:40:55 +1000, cantankerous trolling geezer Rodent
Speed, the auto-contradicting senile sociopath, blabbered, again:


If they were counterfeit I assure you would forfeit the lot

Sure, but its trivial to check if its counterfeit before handing over the
car.

What could be more trivial than your clinically insane trolling and
auto-contradicting in these groups, you sociopathic swine!

and likely lose the car.

Bull**** if he trys to register it.

"Bull****" would make the perfect nym for you, senile bull**** artist!

--
addressing nym-shifting senile Rodent:
"You on the other hand are a heavyweight bull****ter who demonstrates
your particular prowess at it every day."
MID:

Lonely Psychopathic Senile Ozzie Troll Alert!
 

On Tue, 20 Aug 2019 10:56:46 +1000, cantankerous trolling geezer Rodent
Speed, the auto-contradicting senile sociopath, blabbered, again:

FLUSH senile asshole troll's latest troll****

....and better air in here, again!

--
Website (from 2007) dedicated to the 85-year-old trolling senile
cretin from Oz:
https://www.pcreview.co.uk/threads/r...d-faq.2973853/

money laundering
 

In article ,
Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car he had
viewed the other day...I told him that he would have to come with me to
the bank tomorrow to state where the money came from...was I right to
do that or should I have just taken the cash ? .....what would have
happened...

I'd want it checked for forgeries anyway. Paying that amount in cash is
very unusual these days.

--
*When the going gets tough, the tough take a coffee break *

Dave Plowman London SW
To e-mail, change noise into sound.

money laundering
 

On Monday, 19 August 2019 20:41:21 UTC+1, Dave Liquorice wrote:
On Mon, 19 Aug 2019 11:44:39 -0700 (PDT),
wrote:

guy just came to my door tonight with £12000 cash to buy a car
he had viewed the other day...I told him that he would have to
come with me to the bank tomorrow to state where the money came
from...was I right to do that or should I have just taken the
cash ? .....what would have happened...

Your bank would have asked you where the money came from.

Why involve any bank in the first place? It's cash shove it under the
matress and use it to buy things.

What if it's counterfiet, I knew someone that had some counterfiet £20 notes he wanted to get rid off, he tried to sell them for a £5 each.
In the end he used them to buy himself a couple of prostitutes in a kebab house in paddington.



--
Cheers
Dave.

money laundering
 

On 20/08/2019 13:00, whisky-dave wrote:

What if it's counterfiet, I knew someone that had some counterfiet £20 notes he wanted to get rid off, he tried to sell them for a £5 each.
In the end he used them to buy himself a couple of prostitutes in a kebab house in paddington.

So, both sides of the transaction were fake.

money laundering
 

"whisky-dave" wrote in message
...
On Monday, 19 August 2019 20:41:21 UTC+1, Dave Liquorice wrote:
On Mon, 19 Aug 2019 11:44:39 -0700 (PDT),
wrote:

guy just came to my door tonight with £12000 cash to buy a car
he had viewed the other day...I told him that he would have to
come with me to the bank tomorrow to state where the money came
from...was I right to do that or should I have just taken the
cash ? .....what would have happened...

Your bank would have asked you where the money came from.

Why involve any bank in the first place? It's cash shove it under the
matress and use it to buy things.

What if it's counterfiet, I knew someone that had some counterfiet £20
notes he wanted to get rid off, he tried to sell them for a £5 each.
In the end he used them to buy himself a couple of prostitutes in a kebab
house in paddington.

seems fair

money laundering
 

"GB" wrote in message
...
On 20/08/2019 13:00, whisky-dave wrote:

What if it's counterfiet, I knew someone that had some counterfiet £20
notes he wanted to get rid off, he tried to sell them for a £5 each.
In the end he used them to buy himself a couple of prostitutes in a kebab
house in paddington.

So, both sides of the transaction were fake.

all that fake groaning....yes yes yes !!!

money laundering
 

well they took it no bother...counted it by hand then in a machine...took
the name of the buyer though ....

money laundering
 

On Tuesday, 20 August 2019 14:55:36 UTC+1, Jim GM4DHJ ... wrote:
"GB" wrote in message
...
On 20/08/2019 13:00, whisky-dave wrote:

What if it's counterfiet, I knew someone that had some counterfiet �20
notes he wanted to get rid off, he tried to sell them for a �5 each.
In the end he used them to buy himself a couple of prostitutes in a kebab
house in paddington.

So, both sides of the transaction were fake.

all that fake groaning....yes yes yes !!!

I thought he was talking about the kebabs ;-)

money laundering
 

"whisky-dave" wrote in message
...
On Tuesday, 20 August 2019 14:55:36 UTC+1, Jim GM4DHJ ... wrote:
"GB" wrote in message
...
On 20/08/2019 13:00, whisky-dave wrote:

What if it's counterfiet, I knew someone that had some counterfiet L20
notes he wanted to get rid off, he tried to sell them for a L5 each.
In the end he used them to buy himself a couple of prostitutes in a
kebab
house in paddington.

So, both sides of the transaction were fake.

all that fake groaning....yes yes yes !!!

I thought he was talking about the kebabs ;-)

Donna ?

money laundering
 

On 19/08/2019 19:44, wrote:
On Monday, 19 August 2019 18:58:06 UTC+1, Jim GM4DHJ ... wrote:
guy just came to my door tonight with £12000 cash to buy a car
he had viewed the other day...I told him that he would have to
come with me to the bank tomorrow to state where the money came
from...was I right to do that or should I have just taken the
cash ? .....what would have happened...

Your bank would have asked you where the money came from. Presumably you would have a copy of the advert and the car sale/transfer forms to substantiate that, if asked to provide it.

Start doing it too often and you run the risk of your account being frozen for investigation.

Owain


I have always sold second hand cars for cash though for lower amounts.


--
Michael Chare