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<p>[QUOTE="MatrixMP-9, post: 3755274, member: 93422"]someone mentioned laundering. Start of an insurance fraud? The possibilities are endless. You think theyd pick a better coin for such BS.</p><p><br /></p><p>About 5 years ago my brother was looking for his first house. The lender wanted to see the facts of his down payment which was like $30k. The broker told him they needed to see that the money was his that he had indeed saved. One suggestion to get around this was to barrow the money or get a "gift" from anyone like a family member or whatever and then state he had a "coin" in his possession he could sell at anytime to gain the value. Basically, I have an asset worth $10k I can sell at anytime....even though its just a penny. Its totally fraudulent but the broker suggested it. Of course he never did it. Whos to say if he didnt have a rare penny he sold to his brother for $10,000? Brokers will do anything![/QUOTE]</p><p><br /></p>
[QUOTE="MatrixMP-9, post: 3755274, member: 93422"]someone mentioned laundering. Start of an insurance fraud? The possibilities are endless. You think theyd pick a better coin for such BS. About 5 years ago my brother was looking for his first house. The lender wanted to see the facts of his down payment which was like $30k. The broker told him they needed to see that the money was his that he had indeed saved. One suggestion to get around this was to barrow the money or get a "gift" from anyone like a family member or whatever and then state he had a "coin" in his possession he could sell at anytime to gain the value. Basically, I have an asset worth $10k I can sell at anytime....even though its just a penny. Its totally fraudulent but the broker suggested it. Of course he never did it. Whos to say if he didnt have a rare penny he sold to his brother for $10,000? Brokers will do anything![/QUOTE]
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