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Post by Bob Sacamano v2.0 on Apr 12, 2018 12:01:13 GMT
So after residents of the street where the burglar was killed said they felt intimidated by groups of travelers coming round and repeatedly tying flowers to the fence, our police have sided with the travelers and said that they should not be intimidated: www.bbc.co.uk/news/uk-england-london-43736227Seriously, you could not make this up. I notice they're patrolling on horseback because your average pikey loves a good horse. |
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Post by bryan on Apr 12, 2018 12:23:30 GMT
I suspect many are bought on credit and then paid off in cash using a third party. The same monetary limits apply though so the credit company would need to be very careful. It's a bit like the Smart motorways: the authorities have all the tools they need to monitor, assess and punish but they just don't use them properly. I was thinking if a random person bought a car on finance, then sold it to a gypo for cash. Put it through their account to pay off the finance and keeps a few quid for their trouble? Would that work? |
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Post by Bob Sacamano v2.0 on Apr 12, 2018 12:39:01 GMT
The same monetary limits apply though so the credit company would need to be very careful. It's a bit like the Smart motorways: the authorities have all the tools they need to monitor, assess and punish but they just don't use them properly. I was thinking if a random person bought a car on finance, then sold it to a gypo for cash. Put it through their account to pay off the finance and keeps a few quid for their trouble? Would that work? Outside of a mental institution where would you find someone this stupid? Selling a car to a gypo for cash? |
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Post by scouse on Apr 12, 2018 14:18:18 GMT
The same monetary limits apply though so the credit company would need to be very careful. It's a bit like the Smart motorways: the authorities have all the tools they need to monitor, assess and punish but they just don't use them properly. I was thinking if a random person bought a car on finance, then sold it to a gypo for cash. Put it through their account to pay off the finance and keeps a few quid for their trouble? Would that work? Maybe only once (if that). Your bank has to enquire where large amounts of cash come from and report more than £2k IIRC. |
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Post by johnc on Apr 12, 2018 16:31:35 GMT
Your bank has to enquire where large amounts of cash come from and report more than £2k IIRC. It can actually be considerably less than £2K if it is something which is outside the normal transactions going through an account. e.g. an account which normally only has a salary of say £1,750 a month deposited, starts to have small amounts of cash lodged, £100 here, £200 there on a regular basis - that would (should) be reported. Big brother is watching and he has a very big stick! |
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Post by bryan on Apr 12, 2018 21:26:56 GMT
I never knew they kept an eye on your account to see what was paid in.
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Post by ChrisM on Apr 13, 2018 6:53:26 GMT
I never knew they kept an eye on your account to see what was paid in. They also keep an eye on what is being paid out from your account. An unusally large payment out to a previously "unknown" destination account can also trigger an enquiry |
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Post by johnc on Apr 13, 2018 8:07:13 GMT
I never knew they kept an eye on your account to see what was paid in. Cash is the main trigger but I have seen someone investigated when his wife started a business but used one of her husband's previously unused bank accounts (done to save bank charges). The amounts paid in were mostly electronic transfers or cheques for under £100 to what had previously been a largely unused account - something somewhere triggered an alarm.
I was reading something recently that one of the Scandinavian countries has largely gone cashless and I could see that as the logical end play where all your income and expenditure is fully traceable. I can see the barter economy returning!
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Post by PetrolEd on Apr 13, 2018 8:13:04 GMT
Hence the demand in crypto currency
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Post by Tim on Apr 13, 2018 8:16:00 GMT
I never knew they kept an eye on your account to see what was paid in. Cash is the main trigger but I have seen someone investigated when his wife started a business but used one of her husband's previously unused bank accounts (done to save bank charges). The amounts paid in were mostly electronic transfers or cheques for under £100 to what had previously been a largely unused account - something somewhere triggered an alarm.
I was reading something recently that one of the Scandinavian countries has largely gone cashless and I could see that as the logical end play where all your income and expenditure is fully traceable. I can see the barter economy returning!
Sweden. Wasn't the article about how some people are pushing back though?
I'd certainly not be happy to be forced to use, for example, my phone to conduct transactions - it appears that some of the criminals are way more advanced than the banks in cyber activities.
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Post by PG on Apr 13, 2018 10:26:58 GMT
I never knew they kept an eye on your account to see what was paid in. Cash is the main trigger but I have seen someone investigated when his wife started a business but used one of her husband's previously unused bank accounts (done to save bank charges). The amounts paid in were mostly electronic transfers or cheques for under £100 to what had previously been a largely unused account - something somewhere triggered an alarm.
I was reading something recently that one of the Scandinavian countries has largely gone cashless and I could see that as the logical end play where all your income and expenditure is fully traceable. I can see the barter economy returning!
Governments would love to move to a cashless society. For two reasons. (1) Control over what you receive and therefore pay tax on. (2) The ability to have real management of the money supply. Whilst I am against this on many grounds, the actions of the pikeys and the cash traders who just defraud the rest of us makes me more sympathetic. What it needs is the money laundering regulations to be properly enforced on the cash people - and not on law abiding citizens. |
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Post by johnc on Apr 13, 2018 10:47:21 GMT
If we go back to the title of this thread, we might not have use for any money shortly if a KGB bully and a muppet don't stop acting like a couple of teenagers arguing over who should fetch the ball. Grow up boys, everything is more important that your egos.
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