I am not asking about what am I going to do with the money. I am a usual person that has a usual 8 to 4 job just like most of you. If, 10 Million Dollars suddenly donated in my bank account, and it's from a deceased relative in Wset Africa, what will heppen? Will the bank refer to the investigation agency, FBI, etc.?
2006-09-14 16:43:29 · 10 answers · asked by CrapApple 1 in Business & Finance ➔ Personal Finance
Investigation by DEA, FBI, CIA and Homeland Security and the IRS. The account would be frozen. The money would be traced and your family investigated and since it is international in origin, Interpol would be involved as well as the security offices and tax departments of that country....but I suspect you are just a victim of the old scam that promises you a share of an unclaimed estate and that a bank officer (often using the title of Minister, President or Doctor etc.) offers to share the money, if you will act as a long lost relative and provide him with a copy of your identity card, etc.....and they will wire transfer the funds within a week.....it will be a very long week. This ploy is used to get mailing lists (the person sending the email is paid per name) and you will begin to get a flood of emails from everywhere. The emails may also contain worms that pass on the names of your correspondents. Of course they request secrecy as the money is being handled contrary to the laws of that country and this helps to protect this silly game....You'll be sorry if you even open these...and the scam is now worldwide, most originate in Africa...Nigeria, Somalia, but also Angola, and Dar es Salaam, but new ones are popping up in Italy and Hong Kong. Good advice is not to open any unsolicited e-mail. Reporting this scam is useless as prosecution is very difficult, even if they should ask for money, which is uncommon...it is far safer to simply sell name lists.
2006-09-14 17:07:50 · answer #1 · answered by Frank 6 · 0⤊ 0⤋
A transaction of that size will be reported to the IRS immediately. Anything over $9900 is required to be reported. If it was $10 million and from a foreign country, it would most likely be frozen or seized by the Federal government and you would find yourself in a small room being asked many questions by a couple of guys who looked like agent Smith from the Matrix. You would most likely be brought in on suspicion of money laundering.
2006-09-14 23:54:17 · answer #2 · answered by mufasa 4 · 0⤊ 0⤋
The FBI will only trace money that can't be tracable.
If your 10M is transfer from another back account, there is no need to check because FBI probably already checked that 10M when its first deposited into the account.
2006-09-15 00:39:01 · answer #3 · answered by davidkwankwokfai 3 · 0⤊ 0⤋
The IRS will do a audit on you anything over 9,900 dollars gets flagged by the IRS for investigation
2006-09-14 23:46:28 · answer #4 · answered by Errol A 2 · 0⤊ 0⤋
It's a scam. They charge a fee to get the money and they keep your money. Or they get your account number and embezzle your funds. It's a well know hoax. Report it to the authorities.
2006-09-14 23:46:14 · answer #5 · answered by Justsyd 7 · 0⤊ 0⤋
If 10 million dollars goes into your account this will happen...I will be your new best friend.
2006-09-14 23:52:05 · answer #6 · answered by ebonyruffles 6 · 0⤊ 0⤋
Of course it will..
Your bank has been assigned duties as official informer to
the federal fovt.
2006-09-14 23:53:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
i don't know but that is real intersting question i think the person who donated the money would want to know where it went
2006-09-14 23:46:30 · answer #8 · answered by Anonymous · 0⤊ 0⤋
sure it came from "africa"....or nigeria?
lol, thats the oldest money scam around.
2006-09-15 00:03:55 · answer #9 · answered by winter 1 · 0⤊ 0⤋
you know that's a scam, right?
2006-09-14 23:46:33 · answer #10 · answered by Campbell Gramma 5 · 0⤊ 0⤋