One Million dollar find!

[seeker_two]

Yep! Remove the money and look for tracking devices. Destroy the tracking devices and move to another storage container, and bury it somewhere.

I'd take the tracking devices and mail them to Clay Jenkins' home address. I believe in multitasking....

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[Axxe55]

I'd take the tracking devices and mail them to Clay Jenkins' home address. I believe in multitasking....

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Would it offend you if I sent one to Obama?

 

[Txhillbilly]

Um... I'm going to play Devils Advocate here...

I was raised that I should never trust a dollar I didn't earn (or so my Dad would say) for two reasons:
- It is worth "less" to you since you didn't earn it.
- You always end up owing to someone in the end.

"Take a handout son, and you are no better than a bum on the corner." - Dad
How moral and righteous right?? Thanks, Dad

In this example, if you ever get caught by the IRS keeping this cash, they will be all over you like white on rice. Honestly, I wouldn't be able to sleep at night.

The fact is if you pocket this money the IRS/Banks WILL find you. Your spending habits/rates will change and it will issue a red flag for an audit the following year. Where once you were paying bills month to month with your payroll check, then all of a sudden you can pay your mortgage, groceries, gas, guns, etc. with unsourced cash....issues a red flag in the paper trail. Heck, try it; but your account better not grow abnormally, and you would be a fool to buy a fancy car or house...

Just saying.

The only way to raise flags is to deposit large amounts - over $5000 - at any time into an account. Or,If you go out and buy big ticket items and pay cash for them.
As long as you don't do stupid things,you will never be on anyone's radar. You don't buy expensive cars and houses,you rent them. If you don't have any type of title work done,the IRS can never see it.
I'm debt free,haven't worked since Jan. 8th and never keep much money in a bank account. I deposit just enough into my checking account to pay my monthly bills - phone,electric,water,internet,etc..
I pay cash for just about everything,and no one knows where or how I made the money. If you buy things with a debit,credit card,or write a check,you're leaving a paper trail. If you buy things with a loan,you're leaving a paper trail.

If I found a million dollars,I could live like a king and no one would know it because I know how to not leave a paper trail.

 

[V-Tach]

Depending on where the cash came from, the serial #'s may have been recorded.....

Found a wallet once with 5 Franklins.....took a while to get it back to the owner, but did finally find him.......

The pics of his 2 daughters would have haunted me forever if I had taken the cash..........

 

[vmax]

I’d check it for a tracer signal, then if it was clean, figure out how to wash it clean over time.
Find a dirty lawyer to help.. that shouldn’t be too hard.

 

[Axxe55]

The only way to raise flags is to deposit large amounts - over $5000 - at any time into an account. Or,If you go out and buy big ticket items and pay cash for them.
As long as you don't do stupid things,you will never be on anyone's radar. You don't buy expensive cars and houses,you rent them. If you don't have any type of title work done,the IRS can never see it.
I'm debt free,haven't worked since Jan. 8th and never keep much money in a bank account. I deposit just enough into my checking account to pay my monthly bills - phone,electric,water,internet,etc..
I pay cash for just about everything,and no one knows where or how I made the money. If you buy things with a debit,credit card,or write a check,you're leaving a paper trail. If you buy things with a loan,you're leaving a paper trail.

If I found a million dollars,I could live like a king and no one would know it because I know how to not leave a paper trail.

^^^This!^^^

Most would get caught because they got greedy or started living above their means. Start dumping huge amounts of money into banks would send up huge red flags. Buying really expensive items would raise more red flags.

Since it's found money, and probably from a less than reputable source, I'd donate a very large portion to various charities in small increments. My way of life is simple for the most part, and I really have no use for such a large amount of money. So giving a large portion away to needy charities would put the money to good use.

 

[IXLR8]

Beware of Karma!!

 

[Vaquero]

Sigh.

 

[busykngt]

My father always told me, “it’s just as easy to marry a rich girl as a poor one”.

....yeah, I didn’t listen to him either, back then!

 

[RoadRunner]

This is what I have always done when I have found things. I have always done everything I could to find the owner. If I found the owner I would give it to them. If I could not find the owner I would keep it.

This is what I would never do: I would never give it to the 'authorities'.

 

[Hoji]

Call my accountant and ask him how to declare it as income/poker winnings.
Pay taxes and spend the rest on NFA stuff.

 

[Kar98]

There are lots of books and movies about this type of thing and what happens to you.

All sponsored by the IRS

 

[Mungle]

I'll just say:
There are no shortcuts.
Nothing is free.

 

[Ozzman]

I pay cash for just about everything, and no one knows where or how I made the money.

That's hard to believe... but ok.

 

[ZX9RCAM]

Is there a difference between paying cash for an item, or using a CC, but paying it off every couple weeks, and not carrying a balance?

 

[Ozzman]

^^^This!^^^

Most would get caught because they got greedy or started living above their means.

Correct

Since it's found money, and probably from a less than reputable source, I'd donate a very large portion to various charities in small increments. My way of life is simple for the most part, and I really have no use for such a large amount of money. So giving a large portion away to needy charities would put the money to good use.

As I said before, the money is "worth that much less" to you since you didn't earn it. You state here that you would simply give it away... Let me ask, would you do that to your monthly check so willingly?

Be careful with charity too, people will ask questions where you got it and you better not try to write it off as a donation. That is a one way ticket to the Graybar Hotel.

 

[Renegade]

4 pages and nobody:

 

[Renegade]

What would you do if you found a million dollars?

Over the course of my life I have kept every dollar I have ever found, just sayin'.

 

[Ozzman]

4 pages and nobody:
View attachment 214111

Oh heck yea.
That is one way. Blow it on booze, prostitutes, and gambling and you may get away with it. That $1 mill will buy you Cirrhosis and the Clap. Heck of a way to go if you don't ask me. When St. Peter asks you "what happened" you can respond with no words and a simple grin, and he will quietly you through.

The secret to being a millionaire is simple:
- Identify a NEED around your area: and YOU become the solution to that NEED.
People will flock to you if the NEED is that great.

What I would do, is along the same lines that Walter White did.
Put a business proposal together and get a loan from the bank to open a franchise business (in his case a Car Wash) using my own money, and use the business to launder the found cash.

Who knows, if you do your due diligence, and choose correctly the right business for your area, it should take off and make you double or triple the $1 million that you originally laundered.

I know I am a PITA to some, but the truth is I am a Civil Engineer, that is a few hours short of having Economics Major. I would say I know just enough to get me into trouble.

 

[Axxe55]

That's hard to believe... but ok.

Why? I know many people that pay for everything in cash. I don't have one credit card, and other than my house mortgage, everything I own, is paid for.