What are people thinkjng

vp999

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This is my hypothesis. The buyer and seller know each other. The buyer is the one wants to laundry money.
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The way money laundering would work in this situation is that the buyer and seller would work together. The buyer would use illegally gained money (i.e. from crime) to buy the bonsai. The 'problem' with illegally gained money is that you can't deposit significant amounts, or make very large purchases with it. The government would eventually kindly ask you where you're getting all of that money, or why you're buying a $300k house with cash. After this traction however, the seller now has legally obtained money and can deposit it, as the seller can claim he obtained the money with the legal transaction of this bonsai.

This just one way this could work though, there are many, many ways money laundering can be structured.

I highly doubt this is money laundering though.

Easier way is just go to any sports book and bet on both teams of any particular game and only lose the juice lol
 

penumbra

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It is both fascinating and disturbing that so many people have figured ways to launder money.
Its just a lot easier my way...................I have very little money.
 

vp999

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It is both fascinating and disturbing that so many people have figured ways to launder money.
Its just a lot easier my way...................I have very little money.
It’s a good problem to have I guess …. Something I will never ever have to worry about lol.
 

shinmai

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I work in financial services. One of the interesting methods involves rental real estate. A ‘launderer’ purchases a 3-family, for example, that is occupied by non-existent tenants who ostensibly pay their rent in cash. If the authorities inquire, the ‘tenants’ moved leaving no forwarding address, so they can’t be questioned.
 

penumbra

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To be clear, you would have to have over $15 for this scheme, right?
Guess I am out.
 

vp999

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I work in financial services. One of the interesting methods involves rental real estate. A ‘launderer’ purchases a 3-family, for example, that is occupied by non-existent tenants who ostensibly pay their rent in cash. If the authorities inquire, the ‘tenants’ moved leaving no forwarding address, so they can’t be questione
To be clear, you would have to have over $15 for this scheme, right?
Guess I am out.
I’m a lil short also … 🙄

But … maybe if we both put our $8 together we could try lol.
 

Shogun610

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Here are some pines worth the price
 

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Bonsai Nut

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so.. we're doing a insanely priced bonsai thread is it?

I wanne play too!
Wow. 1000 years old, huh? And to think olive trees live an average of perhaps 500 years. One wonders what proof they will provide of tree age? Did they count 1000 growth rings somewhere?

I just went down the rabbit hole and searched for how much rural property you could buy in Greece for 17,000 Euro.
 

ShadyStump

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Wow. 1000 years old, huh? And to think olive trees live an average of perhaps 500 years. One wonders what proof they will provide of tree age? Did they count 1000 growth rings somewhere?

I just went down the rabbit hole and searched for how much rural property you could buy in Greece for 17,000 Euro.
So, what did you find?
 

leatherback

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So, what did you find?
1644171303835.png

3,5 acres of plantation

:) Full of olive trees
1644171349130.png
 
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Wow. 1000 years old, huh? And to think olive trees live an average of perhaps 500 years. One wonders what proof they will provide of tree age? Did they count 1000 growth rings somewhere?

I just went down the rabbit hole and searched for how much rural property you could buy in Greece for 17,000 Euro.
This Olive in Crete is estimated to be over 2000, The exact age of the tree cannot be determined. The use of radioisotopes is not possible, as its heartwood has been lost down the centuries, while the tree ring analysis demonstrated the tree to be at least 2000 years old. Those sold as "giant bonsais" are not 1000 years old for sure, 100 or 200 even is too much

1920px-Olive_tree_of_Vouves-1024x780.jpg
 

ShadyStump

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View attachment 419280

3,5 acres of plantation

:) Full of olive trees
View attachment 419281
Good enough for me!

Too bad I studied French in school. I do ok pronouncing Greek names. Does that count?
 

Leo in N E Illinois

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I need to take a photo to document. But I did get suckered into buying a bonsai pot "just because" it allegedly belonged at one time to the physician that was treating Albert Einstein during the last few years of his life. Of course it was a Catholic priest that told me this, so you never know if it was a lie or the truth. But I did buy it. It was an no signature, no chop, production grade Japanese made pot, same dude said "Seto Ware". It is a pleasant pot. I have used it, will use it again. Worth the money spent (about $60 in 1988) and I still have it.
 
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