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re: Buyer finds a safe containing $7.5MILLION inside unit he bought from Storage Wars
Posted on 11/23/18 at 10:41 am to The Torch
Posted on 11/23/18 at 10:41 am to The Torch
yeah. I think two people would know if I found that much money. God when I thank him for answering my selfish prayer and my wife when we all the sudden have a Suite in the Dome. 
0
Posted on 11/23/18 at 10:45 am to Covingtontiger77
Prayers sent
Posted on 11/23/18 at 10:50 am to Covingtontiger77
I would never go to the ATM for the rest of my life.
It would just be one big bag of petty cash.
It would just be one big bag of petty cash.
Posted on 11/23/18 at 11:00 am to Stud Bud
quote:
I would never go to the ATM for the rest of my life. It would just be one big bag of petty cash.
I hear ya, but this whole situation is a loser even if he never disclosed the money.
Word will eventually get out over time thru no fault of your own to the wrong people that you have all this "walking around money" and you'll eventually be stabbed, robbed, mugged, shot, and eventually killed over it. I would never have peace of mind and constantly sleep with one eye open.
Posted on 11/23/18 at 11:04 am to SlowFlowPro
quote:Says someone who knows nothing about the Caymans or TSA...
there is nothing you can do short of trying to fly to the Caymans and praying they don't pick up the money on an x-ray
Posted on 11/23/18 at 11:07 am to LSUBanker
quote:
Word will eventually get out over time thru no fault of your own to the wrong people that you have all this "walking around money" and you'll eventually be stabbed, robbed, mugged, shot, and eventually killed over it. I would never have peace of mind and constantly sleep with one eye open.
There are tons of people that have businesses that deal almost entirely in cash, and carry large amounts of cash, they don't get robbed or killed with greater frequency that the average person.
Posted on 11/23/18 at 11:09 am to Covingtontiger77
Where were these bags of cash when I was buying storage units?
Posted on 11/23/18 at 11:11 am to fallguy_1978
quote:
Would be hard to spend without drawing suspicion from the IRS
I don't know I'd hide it from the IRS--or at least all of it. Maybe keep a mill off the books and the rest claim it as a profit from my storage buying business. I don't know the legalities of him keeping it though.
If its drug money then I bet the feds will want it. So in that case, yeah, I'd hide all of it from the gov. I'd be really generous with some close family members and just live comfortably--not lavishly.
Posted on 11/23/18 at 11:16 am to LSUBanker
quote:
I would never have peace of mind
It would be concerning knowing that SOMEONE (probably currently in prison) could find out who bought the storage unit and then find out if that person ever claimed a bunch of cash. Since buyer of the unit has now gone public there isn't much use in finding him and cutting off his fingers one by one until he sqwaks about where the money is.
Posted on 11/23/18 at 11:16 am to Covingtontiger77
What an IDIOT. He will now have to pay tax on that $7.5 million. Had he kept his mouth shut and not gone on any wild spending sprees he could have saved millions in taxes.
Posted on 11/23/18 at 11:24 am to MMauler
quote:
He will now have to pay tax on that $7.5 million
If you read the story you find out the original owners offered 1.2 million for the rest of the money.
Posted on 11/23/18 at 11:39 am to LSUintheNW
I've seen bigger bags of cash on the Quad.
//obligatory
//obligatory
Posted on 11/23/18 at 11:40 am to LSUBanker
quote:
Word will eventually get out over time thru no fault of your own to the wrong people that you have all this "walking around money" and you'll eventually be stabbed, robbed, mugged, shot, and eventually killed over it. I would never have peace of mind and constantly sleep with one eye open
Wut
Posted on 11/23/18 at 11:45 am to SlowFlowPro
quote:
having $2.5M in cash means you have like $5k in cash
You keep it at home in a safe and use cash for everything. It will take a while but everything would feel free and you’d be able to pay off debt very fast with the salary from your actual job.
Posted on 11/23/18 at 11:46 am to MMauler
quote:This way he won’t be paranoid af for the rest of his life.
What an IDIOT. He will now have to pay tax on that $7.5 million. Had he kept his mouth shut and not gone on any wild spending sprees he could have saved millions in taxes.
Posted on 11/23/18 at 11:48 am to Deactived
You don't go through TSA with $7mil lol, you charter a private jet. I have no idea about doing it internationally, but you can charter 2-3 times first for test runs and then once you know the protocol bring the cash.
Given that, I'd figure out who owned that storage unit first before I did anything. If its someone like a mexican Cartel I'm probably turning that money in.
Laundering it would be pretty easy. Take out a loan on 2-3 of those Ice dispensing machines. You could launder $10k a month or more on each without anyone thinking anything of it. That's enough for a $200k income. With your "real income" you can then start investing in bigger things assisted with your cash so as not to draw attention.
You could have it all laundered in 5-10 years pretty dang easily.
Given that, I'd figure out who owned that storage unit first before I did anything. If its someone like a mexican Cartel I'm probably turning that money in.
Laundering it would be pretty easy. Take out a loan on 2-3 of those Ice dispensing machines. You could launder $10k a month or more on each without anyone thinking anything of it. That's enough for a $200k income. With your "real income" you can then start investing in bigger things assisted with your cash so as not to draw attention.
You could have it all laundered in 5-10 years pretty dang easily.
Posted on 11/23/18 at 11:50 am to SPEEDY
I doubt seriously if a person has that much money stored in a unit they would let payments on it lapse and it be sold at auction.
He/she is either dead or spending time in a federal pen somewhere. Even if in a pen, they could always get someone to pony up rent money to keep it from being sold.
He/she is either dead or spending time in a federal pen somewhere. Even if in a pen, they could always get someone to pony up rent money to keep it from being sold.
Posted on 11/23/18 at 11:54 am to gumbo2176
Why would the new owner of the safe make a deal with old owners? Its legally their money right? This is given the money was made legally which I'm doubting.
Posted on 11/23/18 at 11:59 am to baldona
quote:
Why would the new owner of the safe make a deal with old owners? Its legally their money right? This is given the money was made legally which I'm doubting.
You're quoting my post and I didn't say that.
As for legally being their money, I would think so since I've seen these shows where jewelry, fine paintings, expensive antiques etc. are all the property of the person who bought the unit. The only caveat I have seen is if the unit contains firearms. I think they have to turn them in unless they are things like flare guns or firearms that shoot lifelines and such.
And yes, that money is likely from illegal activity or else it wouldn't be hidden in a storage unit.
Posted on 11/23/18 at 11:59 am to baldona
quote:
Why would the new owner of the safe make a deal with old owners?
The attorney scared normal people by informing them of who he represents.
Pretty simple.
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