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> Now, piles may be crazier, but sell a Tesla? I had a friend who was moving country and wanted to sell his Porche. Someone offered to buy it for a reasonable
by gwd 5y ago
> Now, piles may be crazier, but sell a Tesla?
I had a friend who was moving country and wanted to sell his Porche. Someone offered to buy it for a reasonable price, but wanted to pay cash. My friend thought that sounded really dodgy; so he agreed on the condition that they both physically go to a bank teller and have the bank teller deposit the money in his account as he watched. The other guy agreed; so that's what they did. He showed up with a giant bag full of bills, just like the big drug deals in the movies. At that point my friend felt he'd done his duty, and that anything dodgy to be Somebody Else's Problem to detect / deal with.
Afterwards I heard that Travelers prefer dealing in cash; so there wasn't necessarily anything dodgy going on (other than presumably the general effort to avoid scrutiny).
- ryan_lane 5y agoJust because the money itself was legitimate, doesn't mean something shady wasn't going on. The buyer could have been laundering money, with your friend actively helping him. For his sake, I hope he verified the other person's details and saved them, because if he deposited >$10k cash, it was reported to the government, and he'd be responsible for saying where it came from, and they may not like the answer.
- gwd 5y agoWell for one, in the UK, when you sell a car, the seller fills out a little chit and mails it to the government, who then mail a new title to the buyer. So at least there'd be record of the sale, and an address to start to track where the money came from. In addition I think he thought the bank's security cameras would add critical information about the seller. Not sure what other verification he may have done.