Quote:
Originally posted by Royaltee_Gee
u know why they hold the money? They hold the money so they can make money off it offshore for 30days or however long they hold it.. I don't know the exact details how they do it, but this policy is basically for them to make more money from you, this has been done for years... It's a known secret to all the big dogs, fuck If I had a memory I could remember how they do it...
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It's how paypal * cough and others * makes so much money on "seized" accounts.
Its how banks make money in general.
It increases the buying power of the bank for however long they hold the money.
Think of it this way. When you have lots of money you make lots of money.
Lets say i as a bank hold $100 from 100,000 people across canada for a week.
This gives me $10 mill spending cash for a week.
I could invest in google shares for one day put the money back and walk away with a clean 2 million without anyone knowing the wiser.
Now this is just an example , but basically its how they do it.