trust/foundation

miguelmartino

it says that if someone managed to setup a trust or foundation that some third party is managing so that the real owners name doesnt show up for the common reporting standard, automatic exchange of information, or tax information exchange agreements then their name will never show up!
the trust or foundation is where either offshore money or money which has been deposited in digital banks/electronic money institutions is actually located. the real owner of that trust or foundation happens to live in the united kingdom or united states and since his or her money isnt in local banks within either country, how would they go about having access to those funds assuming they gave that trust or foundation an order to execute the transference of funds to the united kingdom or united states? would such transference of funds be done anonymously or not if those funds are coming from abroad to the uk or us? would they be able to use this service to do it anonymously or not ? how could funds be transfered anonymously from abroad to either country without the use of financial institutions or governments? can someone please tell me. rsvp. thank you.

AnotherJoe

"It's English Jim but not as we know it"

ColdIron

An aspiring JohnLock

if someone started working as a bricklayer and made about 50k per year and did this for about 50 years, how big would their social security pension be when they retired at 70 years old if they started working at 20 years of age and made 50k per year working as a bricklayer???? can someone give me an idea, how big their social security pension be in u.s. dollars?? anyone? how can this be determined? they never had any kids or were married. im all ears to your opinions you guys. rsvp.

https://forums.moneysavingexpert.com/discussion/5981405/50k

Zanderman

Timewaster whose previous 8 threads (but only 6 posts - which is a big hint not to take any notice!) suggest a US-based wind up merchant.

Edit: And now, belatedly, added to my ignore list - which is quite a rogues gallery, though most have now disappeared without trace, thank goodness.

londoninvestor

Zanderman wrote: »

Timewaster whose previous 8 threads (but only 6 posts - which is a big hint not to take any notice!) suggest a US-based wind up merchant.

Not to mention the various threads by the same poster under different usernames.

Generally posted on weekend evenings and along the lines of:

if an american / canadian, for totally legit reasons, puts their money in a guatemalan bank account, then moves it to honduras, will uncle sam / auntie maple find out about this? all completely legit, asking for a friend, rsvp

bowlhead99

miguelmartino wrote: »

it says that if someone managed to setup a trust or foundation that some third party is managing so that the real owners name doesnt show up for the common reporting standard, automatic exchange of information, or tax information exchange agreements then their name will never show up!

It will only 'never show up' if the third party who acts as manager / trustee of the trust or foundation - when he goes to a financial institution to open a financial account in the name of the trust or foundation -is willing to fake documentation and/or lie about the details of the settlor /grantor and beneficial owners of the foundation when he is asked questions about it.

The third party would probably want a lot of money to do that. Maybe it's better to just pay the taxes you owe.

since his or her money isnt in local banks within either country, how would they go about having access to those funds assuming they gave that trust or foundation an order to execute the transference of funds to the united kingdom or united states?

It would depend on the arrangements they made.

how could funds be transfered anonymously from abroad to either country without the use of financial institutions or governments?

Your questions are getting more and more pathetic. This is a financial services- related forum, so some of us here are no doubt experts in the field of CRS, AEOI etc as well as financial crime. However, if you wanted to steal groceries from a supermarket would you go on a forum populated by expert police officers and supermarket CEOs and ask them how best to rob a store without getting caught? Know your audience, buddy.

I'm sure if you go to the dark web and search hard enough, you would be able to hook up with someone and pay some crypto currency to sign up for some basic money laundering classes. Hopefully they won't scam you or turn out to be undercover agents.]

AnotherJoe

Zanderman wrote: »

Timewaster whose previous 8 threads (but only 6 posts - which is a big hint not to take any notice!) suggest a US-based wind up merchant.

Edit: And now, belatedly, added to my ignore list - which is quite a rogues gallery, though most have now disappeared without trace, thank goodness.

How do you do that Z ?

ColdIron

Edit Ignore list under User CP (Control Panel)
Or
View Public Profile of the user and select Add to Ignore List under the User Lists dropdown

AnotherJoe

Thanks had to do the former i couldn't see a user lists dropdown on the pubic profile.

ColdIron

It's below the User Name, above About Me and next to Send Message. Still, all's well that ends

AnotherJoe

Weird I don't see that at all maybe it's something in my setup. That's on both safari and Firefox.