Ferrari Mailing List: Re: OT - NFC - State Gov Confiscates Bank Accts ?

[ken rentiers (rentiers]

Yeah - like move to the Caymans. Twist my arm.

On Jul 26, 2007, at 7:23 PM, Jason Polzer wrote:

> Foreign cards tend to not work well in other countries.  Most stolen
> cards (after the limit is hit) get physically sent to other  
> countries to
> be used for years on small unchecked purchases.  As a result many  
> places
> that can swipe will not even accept a foreign card without a call-in.
> You'd have to pay a local card off with the funds which is  
> traceable, or
> start scheming deeper...
>
> Jason
>
> Hans E. Hansen wrote:
> > I've heard of people doing just that.  There are quite a few
> > reputable Caribbean banks that will hold trust accounts accessable
> > via a Visa card.  Grand Cayman and Bermuda (OK, not
> > in the Caribbean....) come to mind.
> >
> > OTOH, I have absolutely no idea what the IRS might be
> > able to do to you.  What likely would make this problematic
> > are the various anti-terrorism laws that look dimly on
> > money transfers from any source that they might find
> > questionable.
> >
> > Hans.