All Forum Posts by: David Pimenov

But how could someone declare more than a billion usd from dubai into the u.s. even if its clean money without arousing suspicion then?

Is it true that Dubai has been blacklisted by the u.s. government as a tax haven/finance center? If so, how true would this be? Would someone returning to the u.s. from Dubai with a lot of money to declare raise red flags in anyway possible? Why would some people say this then?  

What questions?

But what if the person in question needed to declare more than a billion usd???

If the u.s. government has blacklisted Dubai, UAE, what does mean if its an offshore banking center? If so, why? Would someone returning to the us from Dubai with money to declare arouse suspicion assuming its a lot of money? What would probably happen if someone attempted to do this with clean and legitimate money?

How can you be so certain that a u.s. citizen couldnt bypass u.s. money laundering laws in anyway possible?  Why would an offshore banker tell me otherwise then? 

Under what circumstances can a u.s. citizen have an offshore trust where the govt cant tax money on the funds inside the trust and at the same time cant look into the origin of such funds as long as a foreign citizen is managing such trust? Would this be realistically possible or not?  

This has nothing to do with terrorism but a financial crime i guess...  at best im only assuming here.

You dont seem to understand ms/mrs gerardo.  My friend was on a website called offshorecorptalk.com that deals pretty much with offshore banking, shell companies, ect... an offshore banker based in dubai who works with a team of accountants and lawyers told him that they wont ask for source of funds.  It didnt matter if it was like 100 million or 3 billion usd worth of dirty money... the banker just said "spend a year living and working" in dubai and then cash out here.  After cashing out in dubai, youre supposed to declare the money in the u.s. and subsequently pay taxes on it.  I can only assume that the offshore banker with his team of accountants and lawyers would provide the client with a legitimate cover story as to how their money is genuine, authentic, legitimate, clean if you will... assuming that the lawyer is saying is true, do you believe that he and his team could have found a loophole in fincen, treasury dept money laundering laws?  Could what the lawyer be saying be in anyway true?  I merely want your opinion here.  Rsvp.  Thank you. 

What happened was this ms/mrs gerardo.  Someone in the u.s. traveled to the middle east, dubai to be exact.  There they met with accountants and lawyers who work with offshore banks.  The accountants and lawyers told them to spend a year living and working in dubai and after that they could enjoy their money but they needed to cash out all of their money in dubai...  after they cash out 1.4 or 1.6 billion usd they need to declare such money back in the u.s. and subsequently pay taxes.  But then how could these very same lawyers and accountants help that clients money legitimize?  How could they make such amount of money clean and legitimate as for the client not to have any problems when declaring such amount back home in the u.s.?  How could such personnel help out to make such money as genuine?