'69 Chevelle L78/4-sp Survivor

[67ssmn]

i dont blame him, too many scammers out there, is anything besides cash safe?,wire transfer should still be ok, i have never had to fill out any papers when withdrawing cash??

[L72Biscayne]

Originally Posted by 67ssmn

i dont blame him, too many scammers out there, is anything besides cash safe?,wire transfer should still be ok, i have never had to fill out any papers when withdrawing cash??

Yes,depositing over 10K cash in the state of Massachusetts you have to fill out a declaration form where the cash came from.

[Oldss]

Mother IRS uses the banks to keep track of large cash transactions. They report anything moved over the $10,000 mark weather your a well known reputable customer or drug dealer. No way around it. When the bank gets audited this information automatically goes to the auditor, if they don’t report it to them first.

[GotGrunt]

Originally Posted by 67ssmn

i dont blame him, too many scammers out there, is anything besides cash safe?,wire transfer should still be ok, i have never had to fill out any papers when withdrawing cash??

I don’t think that much cash would be very safe either… is he going to check every single bill to make sure they are real? Also, what happens when some unsavory characters pay him a visit after the transaction is completed?