My buddy recently went on a winning streak and won $25k on online gambling over the last couple weeks. A couple questions for you guys... Since online gambling is illegal, how can he cash out without getting in trouble? The two options the website give are: 1. Wire transfer to bank account (he doesn't want to give his bank account #). 2. Receiving $2,500 cashiers checks that come from 'Royal Bank of Canada.' How can he cash these checks without it being traced back to him? This guy maybe has $5k to his name right now so a $25k deposit is going to stick out to the IRS. Thanks in advance...
Probably a good idea for your *cough cough*buddy*cough cough* to do his own research and not post about illegal activities on a public forum.
Hahaha...this is actually for a friend. Fortunately my illegal activities does not include online gambling. Figured some of you guys may have some experience in this...
Couldn't he just open a bank account in Canada, or at an online overseas bank? And deposit they money there? Then wire transfer it over to the US account, a little at a time? DD
Is he up or down for the year and by how much? And I'm referring to his aggregate gambling actitivies...not just online. And btw, lottery tickets count as gambling. Why not just create a new bank account for the wire transfer?
