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A even better method is to start a business in China and get permission to send money overseas to buy “supplies”. I was talking to guy in California who got an
by refurb 4y ago
A even better method is to start a business in China and get permission to send money overseas to buy “supplies”.
I was talking to guy in California who got an order for $1M in chips from a Chinese company. He had done tons of business in China and even had a factory there. Sent the invoice ahead of time (no product shipped) and the guy in China went silent.
His theory was that they used the invoice to get approval to exchange to USD and send it to the US. They probably edited the invoice to change the bank account the payment was made to.
That worked years ago, but nothing stops the Chinese government from clamping down on it.