5 ms·

> getting it 'washed'/converted into legal money through a mind boggling array of creative schemes. care to share these creative schemes ?

kamaal 10y ago
1. Go to your jeweler and ask them to sell gold with a predated receipt. 2. Pay loans to small time farmers at a discount and have change that at the bank. 3. Buy cars at pre dated receipts for your relatives etc. 4. Invest in innovative chit fund schemes/pygmies. etc etc. White wash jugaad's are plenty.
- mandeepj 10y ago
  Nothing wrong with daydreaming or living in your own bubble because 1. Go to your jeweler and ask them to sell gold with a predated receipt. > Jewelers are getting raided now 2. Pay loans to small time farmers at a discount and have change that at the bank. > Too much labor work here and nothing much to gain 3. Buy cars at pre dated receipts for your relatives etc. > How many cars you can buy? 5? No benefits here. And, you think you can get predated receipts just like that? 4. Invest in innovative chit fund schemes/pygmies. > Also not much to gain here. Looks like you are thinking about common man here. Instead think about people who have at least 30 crores of black money. They are the ones who are hit hard by this govt plan. They are never going to go out and deal with peanuts.
  - kamaal 10y ago
    Its already happening full scale in Tier 2 towns with the help of Police and Income tax officials(who themselves have black cash). Indian Jugaad knows no bounds. For every lock there are keys.
plinkplonk 10y ago
>care to share these creative schemes ? no, because these were private conversations, by people who trust me to keep my mouth shut, about ongoing operations. Suffice to say many powerful people in the government are involved. Maybe sometime in the future, when all this madness is behind us.

5 ms·

> getting it 'washed'/converted into legal money through a mind boggling array of creative schemes. care to share these creative schemes ?

by mandeepj 10y ago

kamaal 10y ago
1. Go to your jeweler and ask them to sell gold with a predated receipt. 2. Pay loans to small time farmers at a discount and have change that at the bank. 3. Buy cars at pre dated receipts for your relatives etc. 4. Invest in innovative chit fund schemes/pygmies. etc etc. White wash jugaad's are plenty.
- mandeepj 10y ago
  Nothing wrong with daydreaming or living in your own bubble because 1. Go to your jeweler and ask them to sell gold with a predated receipt. > Jewelers are getting raided now 2. Pay loans to small time farmers at a discount and have change that at the bank. > Too much labor work here and nothing much to gain 3. Buy cars at pre dated receipts for your relatives etc. > How many cars you can buy? 5? No benefits here. And, you think you can get predated receipts just like that? 4. Invest in innovative chit fund schemes/pygmies. > Also not much to gain here. Looks like you are thinking about common man here. Instead think about people who have at least 30 crores of black money. They are the ones who are hit hard by this govt plan. They are never going to go out and deal with peanuts.
  - kamaal 10y ago
    Its already happening full scale in Tier 2 towns with the help of Police and Income tax officials(who themselves have black cash). Indian Jugaad knows no bounds. For every lock there are keys.
plinkplonk 10y ago
>care to share these creative schemes ? no, because these were private conversations, by people who trust me to keep my mouth shut, about ongoing operations. Suffice to say many powerful people in the government are involved. Maybe sometime in the future, when all this madness is behind us.