If an offshore account is frozen by the USgov - GoFuckYourself.com

Ash1 · 04-21-2005, 02:30 PM

What can happen?

If there was X amount of $$ in the account and then the US govt freezes the account,

Is there a chance that the owner will ever see the money again?

polish_aristocrat · 04-21-2005, 03:46 PM

why should the US government freeze it?
how should they know it existed?

anyway, sounds like you need a lawyer / tax consultant for that

who · 04-21-2005, 03:48 PM

I'm rather sure that the US government has no authority over an offshore bank account. Therefore, the 'freezing' was done by that bank, at the REQUEST of the us government. This means that you should be able to get it sorted out by a good lawyer, if there's a lot of money in there. You'll get it back.

Trax · 04-22-2005, 12:38 AM

ouch
sucks beeing you
better leave the country and leave to costa rica

Illicit · 04-22-2005, 12:39 AM

forget about the money and worry about what they are going to do to you next

Tango · 04-22-2005, 12:40 AM

sounds like you have some issues - time to get a good lawyer

SmokeyTheBear · 04-22-2005, 12:40 AM

were you the same guy asking about money laundering sentances ??

MetaMan · 04-22-2005, 12:42 AM

the govt just doesnt freeze an offshore account out of no where, any smalltime money they wouldnt also waste their time with.

if you have an "illegal" account offshore and they freeze it i would be running by now.

wes · 04-22-2005, 12:45 AM

dude cmon... im interested.. some drama. i like it. b.t.w I don't think the U.S has any authority over an offshore account.

SmokeyTheBear · 04-22-2005, 12:48 AM

Quote:

Originally Posted by wes

dude cmon... im interested.. some drama. i like it. b.t.w I don't think the U.S has any authority over an offshore account.

They may not have authority , but they can "advise" them to hold the funds.

If he is serious he is prob talking about the recent pharmacy busts

Radical Rick · 04-22-2005, 12:52 AM

It's called the patriot act...changed a lot of things and gave the government much longer arms.

VeriSexy · 04-22-2005, 12:53 AM

Don't think they have any right to freeze it, that's why Swiss accounts are so popular

pornguy · 04-22-2005, 01:13 AM

Before you open an account with a bank, try to find out who owns the bank. For instance, there is a bank here in Mexico called Banamex. It has really nice blue colors, and state of the art computers for the customers, and touch screen atm's. Amazingly it is owned by Citibank, and they were reporting to the US IRS the income and deposits and things like that. Of coruse all of the americans pulled thier money out, but it was too late for some.

Trax · 04-22-2005, 02:50 AM

banamex
bananamex would haev been a cooler name

Paul Moore · 04-22-2005, 04:45 AM

Quote:

Originally Posted by VeriSexy

Don't think they have any right to freeze it, that's why Swiss accounts are so popular

If you are a citizen of the United States, IRS regulations require you to report all offshore accounts. I can not think of one financial institution that would chose not to do business with the United States and not verify said accounts were reported. The days of super secret Swiss numbered accounts have been long gone. Gosh, I wonder how Yasser Arafat's $300 million in assets along with the $900 million he had stored away that was stolen from Palestinian public accounts were frozen and eventually seized and he isnt a citizen of the United States.

Perhaps you were slepping for the past 10 years.

Offshore accounts are not frozen unless illegal activity is suspected.

04-21-2005, 02:30 PM	#1
Ash1 So Fucking Banned Join Date: Sep 2004 Location: dubai Posts: 3,062	If an offshore account is frozen by the USgov What can happen? If there was X amount of $$ in the account and then the US govt freezes the account, Is there a chance that the owner will ever see the money again?

04-21-2005, 03:46 PM	#2
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	why should the US government freeze it? how should they know it existed? anyway, sounds like you need a lawyer / tax consultant for that __________________ I don't use ICQ anymore.

04-22-2005, 12:39 AM	#5
Illicit wtf ? Join Date: Dec 2003 Location: GFY Posts: 11,895	forget about the money and worry about what they are going to do to you next __________________ Insert Sig Here

04-22-2005, 12:40 AM	#6
Tango Let's Tango! Join Date: Apr 2005 Posts: 1,570	sounds like you have some issues - time to get a good lawyer __________________ ADULTS.com / ADULTS.net for sale AFFILIATE.com also for sale Serious Inquiries Only: Email: [email protected] for offers

04-22-2005, 12:40 AM	#7
SmokeyTheBear ►SouthOfHeaven Join Date: Jun 2004 Location: PlanetEarth MyBoardRank: GerbilMaster My-Penis-Size: extralarge MyWeapon: Computer Posts: 28,609	were you the same guy asking about money laundering sentances ?? __________________ hatisblack at yahoo.com

04-21-2005, 03:48 PM	#3
who So Fucking Banned Join Date: Aug 2003 Location: ICQ #23642053 Posts: 19,593	I'm rather sure that the US government has no authority over an offshore bank account. Therefore, the 'freezing' was done by that bank, at the REQUEST of the us government. This means that you should be able to get it sorted out by a good lawyer, if there's a lot of money in there. You'll get it back.

04-22-2005, 12:38 AM	#4
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	ouch sucks beeing you better leave the country and leave to costa rica

04-22-2005, 12:42 AM	#8
MetaMan I AM WEB 2.0 Industry Role: Join Date: Jan 2003 Posts: 28,682	the govt just doesnt freeze an offshore account out of no where, any smalltime money they wouldnt also waste their time with. if you have an "illegal" account offshore and they freeze it i would be running by now.

04-22-2005, 12:45 AM	#9
wes Confirmed User Join Date: Apr 2002 Location: Vegas/Pacific Palasades Posts: 3,150	dude cmon... im interested.. some drama. i like it. b.t.w I don't think the U.S has any authority over an offshore account. __________________ Hot Mom Blog : Tempting Teens : Spicy Tacos : Smutx Free Porn

04-22-2005, 12:52 AM	#11
Radical Rick Confirmed User Join Date: Mar 2005 Location: The Radical Cash Ranch Posts: 449	It's called the patriot act...changed a lot of things and gave the government much longer arms. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

04-22-2005, 12:53 AM	#12
VeriSexy Join The Royal Family Join Date: Apr 2002 Posts: 25,463	Don't think they have any right to freeze it, that's why Swiss accounts are so popular __________________ Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN! Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos. With TOP RATIO Sites like TeenStarsOnly.com - Earn $$ with our New Site & Bonus Payouts!! ATMovs.com \| iTeenVideo.com \| TeenSexMovs.com \| TeenSexMania.com

04-22-2005, 01:13 AM	#13
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Before you open an account with a bank, try to find out who owns the bank. For instance, there is a bank here in Mexico called Banamex. It has really nice blue colors, and state of the art computers for the customers, and touch screen atm's. Amazingly it is owned by Citibank, and they were reporting to the US IRS the income and deposits and things like that. Of coruse all of the americans pulled thier money out, but it was too late for some. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

04-22-2005, 02:50 AM	#14
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	banamex bananamex would haev been a cooler name