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re: Good news for LSU re: Roy & Guillory

Posted on 7/25/19 at 8:48 am to
Posted by LsuTool
Member since Oct 2009
35464 posts
Posted on 7/25/19 at 8:48 am to
And the IRS will alert the ncaa of their findings?
Posted by Cadello
Eunice
Member since Dec 2007
48393 posts
Posted on 7/25/19 at 9:42 am to
No the IRS is only concerned with their cut.
The NCAA will have to put their own work in and they are already corrupted. They seem to be easily bought by the highest bidder.
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
57233 posts
Posted on 7/27/19 at 6:46 am to
Clean BUMP
Posted by catfish 62
Atlanta
Member since Mar 2010
5329 posts
Posted on 7/27/19 at 10:39 am to
quote:

I tell Sopsher's parents to open three accounts each in three counties in Mississippi in each of their names and their son's. That's nine accounts. Then I, the rich booster, writes $20,000 checks to each of the three. My wife does the same. A second booster and wife does as well. That's $240,000 and all legal and tax exempt within the gifting rules. The Sopshers deposit it those accounts in an unconcerned state. Who would know?


Cash deposits exceeding $10k require a suspicious activity report filing at the bank per each deposit. Would raise red flags
Posted by Cadello
Eunice
Member since Dec 2007
48393 posts
Posted on 7/27/19 at 12:29 pm to
Would raise red flags with the IRS.
Neither the bank or the IRS reports to the NCAA do they?

Now my bank flags deposits of $3400.
When I asked why they said it was a new bank policy.
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