well i finally did it... i won 30k from a sportsbook and had it wired to my account. problem is when i went to get the money they bank freaked out and started asking me where the money came from ..who it came from ,,,where it was sent from. Their fraud department has got involved and think im laundrying $. what should or can i do to get my money? attorney time?
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well i finally did it... i won 30k from a sportsbook and had it wired to my account. problem is when i went to get the money they bank freaked out and started asking me where the money came from ..who it came from ,,,where it was sent from. Their fraud department has got involved and think im laundrying $. what should or can i do to get my money? attorney time?
well Joey its totally true.. Now when this is all over we can meet up maybe over a game at EnergySoultions ..see the proof and then apologize to me... 2:1 odds ..well id think u would back away from that . I dont think im screwed and you seem to be almost mad that i got ahead? I did make a few..okay.. alot of mistakes taking out my $ i just didnt think that was THAT much $.. in hindsight its easy to see
well Joey its totally true.. Now when this is all over we can meet up maybe over a game at EnergySoultions ..see the proof and then apologize to me... 2:1 odds ..well id think u would back away from that . I dont think im screwed and you seem to be almost mad that i got ahead? I did make a few..okay.. alot of mistakes taking out my $ i just didnt think that was THAT much $.. in hindsight its easy to see
Breadmann my responses were pretty generic ..Im going to see what the Book can do as well .Im sure they wont be happy either if stuff gets back to them.
Breadmann my responses were pretty generic ..Im going to see what the Book can do as well .Im sure they wont be happy either if stuff gets back to them.
I'm in Kearns crunk, what bank/credit union are you referring to? And the under $10,000 is very important, although I did deposit exactly $10,000 in person one time at Credit Union One with no quesitons asked.
I'm in Kearns crunk, what bank/credit union are you referring to? And the under $10,000 is very important, although I did deposit exactly $10,000 in person one time at Credit Union One with no quesitons asked.
well i finally did it... i won 30k from a sportsbook and had it wired to my account. problem is when i went to get the money they bank freaked out and started asking me where the money came from ..who it came from ,,,where it was sent from. Their fraud department has got involved and think im laundrying $. what should or can i do to get my money? attorney time?
Due to your veteran status here at Covers, you should have known to get multiple checks, instead of one huge one for 30K. Why not 4 checks for $7500 instead, and eat the small fees.
That being said, I think it is BS that banks are instructed by our government to assume you are up to no good, when you finally have a nice winning streak.
Quote Originally Posted by crunkballbettor:
well i finally did it... i won 30k from a sportsbook and had it wired to my account. problem is when i went to get the money they bank freaked out and started asking me where the money came from ..who it came from ,,,where it was sent from. Their fraud department has got involved and think im laundrying $. what should or can i do to get my money? attorney time?
Due to your veteran status here at Covers, you should have known to get multiple checks, instead of one huge one for 30K. Why not 4 checks for $7500 instead, and eat the small fees.
That being said, I think it is BS that banks are instructed by our government to assume you are up to no good, when you finally have a nice winning streak.
I have withdrawn and deposited much more than $10K in cash with banks in one transaction. But the real problem here is the origin of this bank wire. The bank that it was sent from is most likely on a list put out by your states Division of Banking as suspicious. I am 99% positive that they can't seize the funds and if you are really concerned pay in at the quarter an estimated federal withholding amount and claim it under gambling winnings for 2013.
I have withdrawn and deposited much more than $10K in cash with banks in one transaction. But the real problem here is the origin of this bank wire. The bank that it was sent from is most likely on a list put out by your states Division of Banking as suspicious. I am 99% positive that they can't seize the funds and if you are really concerned pay in at the quarter an estimated federal withholding amount and claim it under gambling winnings for 2013.
Please. 10k is only gonna raise a money laundering flag if you've never ever ever had 10k in your bank account before.
International wire like that and if you've never had that much money in your account before they will hold it til it clears. People clear 10k all day, maybe you sold a car whatever. The bank has no right to assume that you are laundering money, they also dont really have a right to ask you any questions that could be deemed something suitable for a police investigation. If they ask you where you got it from its really none of their business, when it fully clears the money is yours and there is nothing they can do about it. Also if you're gonna with draw a decent amount from a bank its best to call ahead so they know what to expect.
Now on the subject of the wire transfer do books even do this anymore given the risk with getting it into the US banks. I know mine doesnt have that optiong for US bettors. I get yellow company or red company, or a cashier check. if you don't know who red and yellow are figure it out.
Please. 10k is only gonna raise a money laundering flag if you've never ever ever had 10k in your bank account before.
International wire like that and if you've never had that much money in your account before they will hold it til it clears. People clear 10k all day, maybe you sold a car whatever. The bank has no right to assume that you are laundering money, they also dont really have a right to ask you any questions that could be deemed something suitable for a police investigation. If they ask you where you got it from its really none of their business, when it fully clears the money is yours and there is nothing they can do about it. Also if you're gonna with draw a decent amount from a bank its best to call ahead so they know what to expect.
Now on the subject of the wire transfer do books even do this anymore given the risk with getting it into the US banks. I know mine doesnt have that optiong for US bettors. I get yellow company or red company, or a cashier check. if you don't know who red and yellow are figure it out.
Just reading this thread for the first time but, wow, you're a complete moron. You wired all $30k at once? What the hell were you thinking? Send it in small amount, dude. Jesus. You'd think a guy who won $30k would be able to do some research before doing something like that.
Just reading this thread for the first time but, wow, you're a complete moron. You wired all $30k at once? What the hell were you thinking? Send it in small amount, dude. Jesus. You'd think a guy who won $30k would be able to do some research before doing something like that.
Just reading this thread for the first time but, wow, you're a complete moron. You wired all $30k at once? What the hell were you thinking? Send it in small amount, dude. Jesus. You'd think a guy who won $30k would be able to do some research before doing something like that.
Call someone a moron, then tell them to knowingly commit a form of tax evasion and fraud. Granted you prob won't get caught but if you do, itd be pretty stupid to face jail time and penalties just because you were afraid banks that deal with clean and dirty money all day would file a report.
Quote Originally Posted by Money2theBank:
Just reading this thread for the first time but, wow, you're a complete moron. You wired all $30k at once? What the hell were you thinking? Send it in small amount, dude. Jesus. You'd think a guy who won $30k would be able to do some research before doing something like that.
Call someone a moron, then tell them to knowingly commit a form of tax evasion and fraud. Granted you prob won't get caught but if you do, itd be pretty stupid to face jail time and penalties just because you were afraid banks that deal with clean and dirty money all day would file a report.
Since 9/11 banks are required to report any deposits of more than $10000 to the Feds. Nothing to do with fraud or tax evasion. On the other side, calling someone a moron for not knowing something is.........well, moronic
Since 9/11 banks are required to report any deposits of more than $10000 to the Feds. Nothing to do with fraud or tax evasion. On the other side, calling someone a moron for not knowing something is.........well, moronic
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