All Forum Posts by: Darius Jamar Smith

Cody L.

I will definitely share all suggestions with him. The replies have helped although no clear solution has been found. Now, the crypto route, please explain. From what I'm assuming it for him to buy some crypto currency, and sell it in the U.S. to recoup the funds in U.S. currency? Is this all legit, will there be laws conflicting with this?

Scott England,

Thank you fro your insight. I am looking for the steps to take in order for a business owner in Uganda, to invest/purchase real estate in Houston, Texas. Who or what professional title is given to someone who handles these monetary transactions in these instances? And, before we move forward, he is legit. This past summer I visited him and his family, I've known him since college. His father was a prominent positive politician and they have legitimate business dealing with their government as well. It's all legit. I am curious as to what could cause a red flag as far as the origin mattering? Where is the best place for the money to flow from? Why would one account look fishy and what account or source will typically put worries at ease? 

Matthew McNeil, that is what he went through when wiring money for a non profit cause to Germany even. They asked for the source of the money in detail that just isn't warranted and would've required him to track every customer who contributed to his business success it sounded like. The money came from the company account and because they did not have the paperwork asked for , the bank account was frozen. I know this may seem naive but I wonder is there a special permit or exception to these rules. Celebrities often carry around well more than the max $10,000 on their person when traveling. I wonder if they use every person with them to use as having $10,000 on each person or what. But, there has to be an easier way than having to go through a company audit just to invest in another country. If you come across any alternate route or can at least list steps you went through so that I can look into and prep him for them, it would be appreciated and helpful 

I have an investor overseas, Uganda, Africa, who is having issues getting money to America to invest. After speaking to him, I was informed that one of the family business accounts was closed due to suspicious activity. When trying to send money for a non-profit to Germany, the money was stopped, he was questioned thoroughly about the origin of the funds. Traveling personally with the funds is not possible as well being that you cannot travel with more than $10,000. Is there any advise on how to do this without having to deal with money laundering suspicion? Real estate is strictly the area I am asking for help in as far as transferring funds internationally. Thank you community!