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Banks are being told to call the cops if someone attempts to withdrawl $5000!

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posted on Mar, 25 2015 @ 10:41 AM
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in case no one has brought this up

this is about asset forfeiture

this is a way for the police to get a heads up on who has cash to seize

a new money making scam for the police

its that simple




posted on Mar, 25 2015 @ 10:59 AM
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My landlord maintains a seperate account for his renters to make deposits to instead of having to mail a check or money order. But because he is a private landowner, and has never set up an LLC or anything of that nature, that account is considered a personal account. Last month, I went into a nearby branch to deposit the rent, and was told that the bank no longer allows anyone to deposit cash into a personal account unless they are the account holder. As far as I know, this policy is set by the bank itsself, and not a government regulation, but major national banks such as this one usually make policy changes like this in reaction to anticipated enactment of federal regulations of the same nature.
But, to be sure, I was dumbfounded. The amount was under USD$1000, and I have a three year history of regular deposits via both cash and check to that account. That shift in policy makes absolutely no sense to me, personally. Maybe large amounts of cash I could understand, but this wasn't a large amount.



posted on Mar, 25 2015 @ 11:08 AM
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It isn't real money so don't sweat it ...

The actual dollar has not existed for nearly one-hundred years. It ceased to exist in 1913 when it was effectively killed off.

Since then what we think of as the American dollar is actually a Federal Reserve Note. Next time you pick up a dollar bill, check it out: It says so right at the top.

Before 1913 the U.S. dollar had a global value just as silver or gold does. On the other hand a Federal Reserve Note is a debt dollar.

Like credit on your bank card it doesn’t actually have real value; it is a figure on a digital spreadsheet and that is all.



posted on Mar, 25 2015 @ 11:29 AM
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a reply to: Anyafaj

And if you want to buy anything on websites like craigslist,where everyone wants cash,
you're in trouble.



posted on Mar, 25 2015 @ 11:55 AM
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originally posted by: Heruactic
a reply to: Anyafaj

I am going to withdraw $5001 dollars after work tonight. Bring it all back next week and repeat.


I was going to say the same thing!



posted on Mar, 25 2015 @ 12:00 PM
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originally posted by: mamabeth
a reply to: Anyafaj

And if you want to buy anything on websites like craigslist,where everyone wants cash,
you're in trouble.



Not necessarily, I bought stuff on craigslist, at a public place for safety, with cash, with no problem.



posted on Mar, 25 2015 @ 12:04 PM
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originally posted by: skunkape23
Let's say I'm a bajillionaire.
I want to buy a new Bugatti...cash.
Is this going to be a problem?


no, when you are a millionaire or billionaire, different rules apply. always have.



posted on Mar, 25 2015 @ 12:25 PM
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a reply to: Anyafaj

The ads that I have seen for items such as campers want cash!



posted on Mar, 25 2015 @ 12:28 PM
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originally posted by: mamabeth
a reply to: Anyafaj

The ads that I have seen for items such as campers want cash!



For small items I've never had an issue, but I'm would never attempt to buy a large item on Craigslist, but that's just me, and my personal rules.



posted on Mar, 25 2015 @ 03:34 PM
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originally posted by: Autorico
In Canada I believe it's $9,999. That goes for deposits as well.


wow so i guess anybody that wins the lottery is a terrorist!



posted on Mar, 25 2015 @ 06:48 PM
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originally posted by: Domo1
Good. Suspicious activity should be reported by banks.

OP I'm interested to read more, but the link you provided was in the text that you quoted, and I doubt The Wall Street Journal would quote itself. Could you give us the link where you read this? I clicked the link, but I don't have a subscription to TWSJ, so I was unable to read the full article.

This smacks to me of some site that caters to conspiracy theorists and easily riled dumbasses by quoting snippets of content and drawing outlandish, click-bait articles.

Saying that the government is going to steal your money if you withdraw over $5k is ridiculous, even after reading the quoted portion in the OP.

Saying that banks are forced to report it seems a bit odd, the way I read the SNIPPET posted made it seem as if banks were required to report SUSPICIOUS activity after a certain dollar amount. So if someone never takes out a large amount of cash, or is suddenly rich and starts taking out a ton of cash, it may be of concern.



It's not your business or the government's business what people do with their money. There are easier ways to catch drug dealers. One would be legalization. The founders would really love to have a sit down with you. Posts like yours make me sick, and also give me little hope for humanity. I'm not being facetious. I really am disgusted with attitudes of "big brother is looking out for you!" "they're keeping you safe by watching everything and preventing terrorists and drug dealers from using banks!" I mean what the hell. We are all enemies of the state until proven otherwise apparently.
edit on 3/25/2015 by smarterthanyou because: (no reason given)



posted on Mar, 25 2015 @ 07:37 PM
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a reply to: xuenchen OR THEY MIGHT BE WORRIED THAT YOU WOULD EXPOSE THEM AS TERRORIST



posted on Mar, 25 2015 @ 07:45 PM
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a reply to: Anyafaj




it might cause a run on banks and have people start emptying accounts. Depending on their level of irritation that is.



And then the banks would have a "bank holiday" They then can keep the depositors money whilst cooking the books. The Cyprus Depositors looting by the banks using the pretext that it harboured Russian Mafia money was a test run to see how upset and unstable the Cypriots would become. Its all written into legislation, research Bail-Ins. Theres about $500 trillion in off book derivatives exposure in the finance sector worldwide. When the crash comes who do you think is going to foot the bill?



posted on Mar, 25 2015 @ 07:52 PM
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a reply to: Strawberry88




when banks report THEIR OWN SUSPICIOUS ACTIVITY, then I have no problem with them reporting "mine".


Only after they have been bailed out by the taxpayer and some committee of toothless politicians does a formal inquiry and make recommendations, and then nothing really changes. Business as usual...bail outs or bail ins, the taxpayer pays, the money long gone.



posted on Mar, 25 2015 @ 08:45 PM
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originally posted by: JourneymanWelder

originally posted by: Autorico
In Canada I believe it's $9,999. That goes for deposits as well.


wow so i guess anybody that wins the lottery is a terrorist!

No, they are the carrot dangled before the masses to keep them blindly throwing their money down the same hole in hopes that someday it will be their turn. Interesting bit of trivia:
The vast majority of people who purchase lottery tickets on a regular basis are in the lowest 25th percent of the national income bracket.



posted on Mar, 26 2015 @ 01:34 AM
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Now heres the thing = suppose the bank did call the cops and you were in one of those states where they can confiscate money if they believe its proceeds of crime?

A quick coke test on the notes and bam money gone!



posted on Mar, 26 2015 @ 01:55 AM
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a reply to: Anyafaj

How to become a criminal in one easy step.... let your government pass laws that do just that. Didn't finish your veggies? tsk tsk tsk.... Burped on the bus? Oh no! When government gets paranoid, it gets creative and uses their imagination. Too bad its where their Dark Side lies. Seeing enemies at every turn only makes more enemies. Kinda like.... bombing civilians to create more terrorists? Oops! Casualty of War! My bad! Sorry about your entire family. So now the burden of proof is on me if I take out $5001? Get real!



posted on Mar, 26 2015 @ 05:51 AM
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So now it's a criminal act to take your own money? Yea, this is why you don't put money in banks. I'm not even going to bother with their explanation.



posted on Mar, 26 2015 @ 02:29 PM
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This has already been posted earlier here.
www.abovetopsecret.com...

But the more stories like this one are known, the better.



posted on Mar, 28 2015 @ 09:32 AM
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a reply to: Domo1 I did the same in 1989 I saved up the money ( very un-American) then I went to the car dealership an wrote a check for the full price of the car. the dealer told me that since I paid more than $10,000 in cash he had to call the FBI and give them my credentials. He did it took about 15 minutes I saw the salesman on the phone. He came back he said it would be about another 1/2 hour while my car was in new car get ready . they transferred my tags I signed some papers and I was off in my new car.




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