Receiving multiple international wires and declaring lower values

Tik-Tok of Oz

Never heard of the guy....

Mouse_at_Large

When your personal morals or ethics conflict with tax or customs laws and the government authorities tasked with applying these laws, there is generally only one winner (hint - it ain't you 😉)

Why not go the whole hog and try declaring yourself a Sovereign Citizen or Freeman on the Land 🤪

Tik-Tok of Oz

Always. Well, almost always. In this case yes.

cicindela

Not sure how that would work long term 🤔

cicindela

Not sure how that would work long term 🤔

STANDY

Question
3 AUS

15 US

And the blurb above or next to the signature is what brings you undone in any court. Many with deep pockets can wriggle out of fines or what they have but they all walk away with a false decleration record.

Then there is the international sharing of information at borders so the country your traveling to will know that you have falsely declared at your own country so 😒

Lastly you might get spoken to and think it's all good but the officer will write it up at the end of the shift.

And just for fun and show how long they are kept

Pick the name 😗

dsio

See nobody reads the fine print on those as there's too much of it.

dsio

See nobody reads the fine print on those as there's too much of it. The Singaporean arrivals card is much more concise with its big red letters "DEATH FOR DRUG TRAFFICERS UNDER SINGAPORE LAW" with the cheerful British pilot

cicindela

And it is not optional, it is....

Here is a conversation between a very sophisticated gentleman and a very respectable lady at a party.

“Well,” says the gentleman, “just for the sake of our argument, suppose I offered you $1000—would you spend the night with me?”

The lady, smiling coquettishly: “Who knows—I might very well!”

The gentleman: “Now suppose I offer you $10 for the night?”

The lady: “But what do you think I am?”

The gentleman: “We’ve already established what you are. Now we’re just haggling over the price.”

cicindela

Apparently you don't read very well. I never said anything about the declared value being bank fraud. It is manipulating wire transfers to hide the total amount sent that is the issue. Wire transfers in the US are tightly regulated and controlled by the FED . They monitor them very closely. You break there rules, it is called wire/bank fraud.

Tony C.

Yes, and if you are an American TBTF bank, no individual has to take personal responsibility, and the company gets off with a small, "cost of doing business" fine.

cicindela

Apparently you don't read very well. I never said anything about the declared value being bank fraud. It is manipulating wire transfers to hide the total amount sent that is the issue. Wire transfers in the US are tightly regulated and controlled by the FED . They monitor them very closely. You break there rules, it is called wire/bank fraud.

drhex

Thanks for questioning my reading ability. You were obviously referencing splitting up the amount into two transfers in the course of declaring a lower value. Are you saying that transferring money to another party in the states is bank fraud? And it is monitored so tightly? Boy, am I lucky to be not in prison as I have done that countless times (no, not for under declaring values of items but due to account limitations etc.). There is nothing illegal even in the US in transferring clean money to a third party for legal goods. Even if you break up the transfer. And especially for the receiving party. Please enlighten me further and link to the law/regulation in question if it should be otherwise.