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Ill spell it out for the feeble.
You dont call up and ask if they take Visa gift cards for  a money order.
You dont call up and ask if they take Mastercard gc for a MO
You dont flippin call!


You go into a store and ask for an MO and she says ok its, XXX.XX say no p, take out your debit card and swipe. If the rep says no debits then apologize and leave. If she says lemme see that is that a gc say NO ITS A DEBIT. if she asks wheres your name you say (among many other options to think of) the permanent one is on the way and im using the temp one until i receive it. If you need to swipe more than once, its ok to have multiple debits (for those who are lacking in common sense). But be nonchalant dont be in your face about it to the rep. Reps want to feel they're in charge, its natural for a minimum paid employees...




I think this should give the basics on how to get a MO if you find a place.... this is not rocket science. But it seems like it is to some.... Where to cash out GCs for MO:

Where                                       Which gift card                                   Fee                                     max MO amount                                   

Service desk @ Wal-Mart                  MVD,  Visa from Meta bank,                                  70 cents                                           $1000
                                                  chase (phased out)                                                                                      $1000   
                                                     
Rite Aid                                                                                                 $0.89                                          $500
       
"HaNesher HaGadol"                            One Vanilla                                 .52                                          $500 max     
meijer-69 cents up to $1000-most stores
NOTES:
MVD charges 50 cents per transaction so ask for MO of card amount- (fee+ 50 cents) eg @WM ask for 498.80 on MO (or cover $1.20 some other way)
« Last edited by bb1836 on June 04, 2015, 06:22:46 PM »

Author Topic: Money Orders (USPS RIP 11/3/17)  (Read 313751 times)

Offline Menachem613

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Re: Money Orders
« Reply #200 on: February 13, 2014, 07:07:39 AM »

How about just one?  ;)

Serious? Just google it.

Offline Bostener

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Re: Money Orders
« Reply #201 on: February 13, 2014, 09:07:39 AM »
Google isn't your best friend here.
Airlines sending me "We're in this together" emails.

Bruh, where were you when my suitcase weighed it 51.50 pounds?

Offline HDS

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Re: Money Orders
« Reply #202 on: February 13, 2014, 09:24:25 AM »
Google isn't your best friend here.

True, on several levels. There might be things not to Google.

The point that structuring applies to legal money is good too. Also, I believe that the law includes cash equivalents.

My point is not that someone who is doing it legally and has a reasonable explanation for why they are doing it can't get cleared, it's that I can only imagine that the investigation and defense for this will take a ton of time and money and stress that no one wants or needs.

Also, whether or not someone has already been taken down for doing the precise thing you are doing exactly seems a bit arbitrary. We don't really live our lives like that, usually. "Oh, look at this bridge. No one has died jumping off of it yet, so...." On the other hand, I didn't post about this to moralize. It is just a PSA.

Also, I am not a lawyer, and I don't have a source.

Offline Menachem613

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Offline ckmk47

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Re: Money Orders
« Reply #204 on: February 13, 2014, 09:47:37 AM »
Still cash.  MOs are cash equivalents, but these we're buying with GC's we bought with cc's.  The money trail is there to see. (We just don't want the cc's to see it.  ;) )
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Offline CountValentine

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Re: Money Orders
« Reply #205 on: February 13, 2014, 09:49:45 AM »
??? took me 25 seconds:

http://bangordailynews.com/2012/10/17/news/portland/portland-man-convicted-of-structuring-cash-transactions/
Lets try again. We are talking about depositing MO's. MO's are bought with debit/GC's, not cash.
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Offline Menachem613

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Re: Money Orders
« Reply #206 on: February 13, 2014, 09:54:56 AM »
Lets try again. We are talking about depositing MO's. MO's are bought with debit/GC's, not cash.

You are beating a dead horse.

http://www.law.cornell.edu/uscode/text/31/5324

« Last Edit: February 13, 2014, 09:58:03 AM by Menachem613 »

Offline HDS

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Re: Money Orders
« Reply #207 on: February 13, 2014, 10:03:42 AM »
The concern would be, separately, at both ends, the purchase and deposit.

Even with perfect documentation and paper trail to show how you bought everything, it could still be structuring on the deposit side if you structured deposits to avoid certain reporting thresholds.

And even if not, a colonoscopy that comes up clean is still pretty unpleasant.

Offline CountValentine

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Re: Money Orders
« Reply #208 on: February 13, 2014, 10:04:58 AM »
You are beating a dead horse.

http://www.law.cornell.edu/uscode/text/31/5324
Sorry you lost me. If I deposit 8k in MO's bought with debit/Gc's what reg am I violating. For the record my deposits are always way over that.
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Offline Menachem613

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Re: Money Orders
« Reply #209 on: February 13, 2014, 10:09:13 AM »
Sorry you lost me. If I deposit 8k in MO's bought with debit/Gc's what reg am I violating. For the record my deposits are always way over that.

31 U.S. Code § 5324, if you are depositing the MO's in 8k increments so that the bank should not report it.

Offline Super Speed

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Re: Money Orders
« Reply #210 on: February 13, 2014, 10:11:14 AM »
I think we should put a fork in this thread! :D

Offline Menachem613

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Offline ckmk47

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Re: Money Orders
« Reply #212 on: February 13, 2014, 10:13:19 AM »
I guess you have a point.  The money laundering, 'structuring', problem is to make several deposits under 10K, when you could have made it together in one over 10K deposit.
I wonder how many of us, besides CV, have that much in MOs at once.  In the NY area I doubt there's very many.
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Offline HDS

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Re: Money Orders
« Reply #213 on: February 13, 2014, 10:28:50 AM »
I have seen it advised (I don't know if it is good or bad advice!) that those with MO deposits approaching $10k should actually be sure to have some few more than $10k, so that it does get reported, since that is almost certainly may be better than the alternative.

I have also seen advice, which seems sensible to me, that regardless of whether or not you'll be approaching $10k, one should proactively get to know the clerks and managers at the financial institutions into which you are depositing MOs (rather than just using ATM-deposits, etc.). If/when asked, freely explain that buying and depositing a relatively large volume of MOs made out to yourself has frequent flyer benefits. If they have a problem with this activity, move on to a different FI.

Offline PBaruch

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Re: Money Orders
« Reply #214 on: February 13, 2014, 10:29:52 AM »
You sure?

http://www.justice.gov/usao/nj/Press/files/pdffiles/2012/Marques,%20Emanuel%20Criminal%20Complaint.pdf

If you took the time to read that article, you would see that what this guy was doing WAS money laundering and evasion of taxes.  Also, he was doing several million dollars worth per year.  AFAIK, the IRS does not go after small fish.  If they did, I would have been locked up a long time ago.   ;D
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Offline Menachem613

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Re: Money Orders
« Reply #215 on: February 13, 2014, 10:34:19 AM »
If you took the time to read that article, you would see that what this guy was doing WAS money laundering and evasion of taxes.  Also, he was doing several million dollars worth per year.  AFAIK, the IRS does not go after small fish.  If they did, I would have been locked up a long time ago.   ;D

Since you took the time to read the complaint, where does it say that the defendant was laundering money or evading taxes?

Offline PBaruch

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Re: Money Orders
« Reply #216 on: February 13, 2014, 10:37:08 AM »
Since you took the time to read the complaint, where does it say that the defendant was laundering money or evading taxes?

"Marquis further admitted, in substance and in part, that the U.S currency was drawn from the proceeds of his business and was not reported to the Internal Revenue Service as taxable income."

Question is, did YOU read the complaint and why are you trying to scare people here for no good reason????
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Offline Menachem613

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Re: Money Orders
« Reply #217 on: February 13, 2014, 10:43:19 AM »
"Marquis further admitted, in substance and in part, that the U.S currency was drawn from the proceeds of his business and was not reported to the Internal Revenue Service as taxable income."

Question is, did YOU read the complaint and why are you trying to scare people here for no good reason????

No good reason?  Go right ahead, I couldn't care less, just don't ask others to bail you out and pay your legal defense fund. 

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Re: Money Orders
« Reply #218 on: February 13, 2014, 10:44:36 AM »
If they did, I would have been locked up a long time ago.   ;D
You make me laugh!
Question is, did YOU read the complaint and why are you trying to scare people here for no good reason????
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Offline PBaruch

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Re: Money Orders
« Reply #219 on: February 13, 2014, 10:44:41 AM »
No good reason?  Go right ahead, I couldn't care less, just don't ask others to bail you out and pay your legal defense fund.

No worries here.  We are not doing anything illegal here and definitely no money laundering or evasion of taxes.  And you sir, clearly don't know what you are talking about.  It's all in the complaint, which you obviously did not take the time to carefully read.

And CV, I'll gladly defend you for free.   ;D
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