4 ms·

You think you can just get out of prison and use the money? They will be watching you and anything you buy with it or any cash you convert it to will be seized

You think you can just get out of prison and use the money? They will be watching you and anything you buy with it or any cash you convert it to will be seized again. Might as well give it up for reduced sentence.

wmf 3y ago
Obviously you'd want to leave the country and never return like Kim Dotcom or Mark Karpelès.
- AlbertCory 3y ago
  Or Carlos Ghosn (a prisoner in Lebanon) the TV miniseries on his case is well worth watching.
OtherShrezzing 3y ago
€2bn buys a nice life for you and everyone you've ever been acquainted with, somewhere without an extradition treaty.
- adventured 3y ago
  There aren't any nice places without extradition treaties where you won't be murdered by the people in charge, police, criminal gangs, et al. Or otherwise de facto forced to turn over the money for protection, after which you'll be discarded if you're lucky (and disappeared for convenience if you're not).
  - dvngnt_ 3y ago
    Montenegro?
    - acdha 3y ago
      They extradite: https://www.reuters.com/world/europe/montenegro-court-approves-extradition-cryptocurrency-king-do-kwon-2023-11-24/ https://www.reuters.com/world/europe/montenegro-court-approv...
  - iso8859-1 3y ago
    Snowden seems to have a much better life than he would in a federal prison, don't you think? Doesn't Putin have an incentive to show that he treats defectors well?
  - freetanga 3y ago
    Brazil
fbdab103 3y ago
So I am unclear on this. In Germany or the US, if you rob a bank, hide the money, get arrested, and serve a X year sentence, what happens when you are released? Could you use the money? You have already served for the crime. I suppose they could keep some criminal charges in reserve? If nothing else, eventually the statute of limitations would kick in where the money is fair game? Just be sure to declare it on your taxes, lest they get you like Capone.
- HeatrayEnjoyer 3y ago
  IANAL but I suspect this is the kind of thing civil forfeiture is originally intended for. You would have to sue in court and prove the cash was obtained through legal means.
- leakybit 3y ago
  In the US, you may be ordered to pay restitutions or the bank can sue you for the loss.

wmf 3y ago

Obviously you'd want to leave the country and never return like Kim Dotcom or Mark Karpelès.

AlbertCory 3y ago
Or Carlos Ghosn (a prisoner in Lebanon) the TV miniseries on his case is well worth watching.

OtherShrezzing 3y ago

€2bn buys a nice life for you and everyone you've ever been acquainted with, somewhere without an extradition treaty.

adventured 3y ago
There aren't any nice places without extradition treaties where you won't be murdered by the people in charge, police, criminal gangs, et al. Or otherwise de facto forced to turn over the money for protection, after which you'll be discarded if you're lucky (and disappeared for convenience if you're not).
- dvngnt_ 3y ago
  Montenegro?
  - acdha 3y ago
    They extradite: https://www.reuters.com/world/europe/montenegro-court-approves-extradition-cryptocurrency-king-do-kwon-2023-11-24/ https://www.reuters.com/world/europe/montenegro-court-approv...
- iso8859-1 3y ago
  Snowden seems to have a much better life than he would in a federal prison, don't you think? Doesn't Putin have an incentive to show that he treats defectors well?
- freetanga 3y ago
  Brazil

fbdab103 3y ago

So I am unclear on this. In Germany or the US, if you rob a bank, hide the money, get arrested, and serve a X year sentence, what happens when you are released? Could you use the money? You have already served for the crime. I suppose they could keep some criminal charges in reserve? If nothing else, eventually the statute of limitations would kick in where the money is fair game? Just be sure to declare it on your taxes, lest they get you like Capone.

HeatrayEnjoyer 3y ago
IANAL but I suspect this is the kind of thing civil forfeiture is originally intended for. You would have to sue in court and prove the cash was obtained through legal means.
leakybit 3y ago
In the US, you may be ordered to pay restitutions or the bank can sue you for the loss.