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/biz/ - Business & Finance


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53473406 No.53473406 [Reply] [Original]

Zoomers found a new side hustle - defrauding banks.

>> No.53473416
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53473416

>> No.53473432
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53473432

>> No.53473436

>>53473406
>>53473416
imagine falling for this low IQ clickbait

>> No.53473449
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53473449

>>53473436
Just buy his course

>> No.53473455
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53473455

>> No.53473466

>>53473406
no shit, banks/loans are jewish corrupted concept

>> No.53473470
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53473470

This doesn’t sound like a sustainable business practice

>> No.53473474
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53473474

>> No.53473475

>>53473406
new andrew tate, now even more black! just for you wigger!

>> No.53473478

>>53473406
Whats stopping someone from doing this and moving to a country with no extradition?

>> No.53473481

>>53473406
Only works if you are black or a woman. Jews give whites a harder time when asking for loans

>> No.53473486

>>53473478
the mossad

>> No.53473488
File: 3.28 MB, 320x180, 362C59ED-8449-4511-B848-CF261D52DEB8.gif [View same] [iqdb] [saucenao] [google]
53473488

>nigger hustle tiktok LLC scams
>the bottom is in, recession averted
Best business advice I can give anyone is to never do business with a nigger or someone who worships nigger culture

>> No.53473491

>>53473478
you can't get a business loan without collateral

>> No.53473492

>>53473478
What has a bigger probability of success? Chiseling a bank out of money or a Mexican cartel?

>> No.53473498

>>53473478
An IQ over 60.

>> No.53473500

>>53473406
Do we have a bidding pool on how long it will take for him to get caught?

>> No.53473508

>>53473488
Shorting Andrew Tate

>> No.53473519

>>53473500
He’s probably not even doing it and just selling courses on how to do it.
Do you actually believe that you can just walk into a bank with a 45 day old LLC and get $50k for whatever you want? Jfc have you ever done business with a bank?

>> No.53473526

>>53473406
Bless these zoomers.

>> No.53473534

>>53473406
>>53473416
>>53473432
>>53473455
>>53473474
Uh holy kek

So the plan here is
>Register LLC under your name (can't be anonymous in 99% of the world so just ignore that retard)
>Open up business credit line
>Go to payroll services company
>Give them credit line as payroll source
>Pay yourself a salary off the credit card
>Spend this money on personal expenses
>Expect no consequences from the IRS
Lmao, just lmao
This is a go to jail for free card.

>> No.53473537

>>53473432
So that's why the US Job dota is getting better with every report despite rate hikes.

>> No.53473540

>>53473406
>commit a crime
>brag about it chinktok
What did he mean by this?

>> No.53473546

>>53473406
China is based for using TikTok to destroy shartmerica. Best part is if the Gov tries to ban it then cattle will riot. Checkmate.

>> No.53473562

>>53473519
Dont banks by law have to give you 50k if you are black? I believe its automatically deducted from all white accounts as a $10/mo service charge.

>> No.53473577

>>53473562
I think they’re beta testing that in Oakland not sure about the rest of country but I’ll keep you posted

>> No.53473583

>>53473537
the banks have ESG to adhere to and have guarantees from the government that as long as they are lending to blacks and other minorities that they won't have any issues when it comes regulation violations

it's literally over, the amount of price distortion in the market is so large that even the banks don't give a fuck anymore

>> No.53473586

>>53473406
nobody gives business loans without personal recourse

>> No.53473593
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53473593

>>53473534
Is a no document loan a thing?

>> No.53473594

>>53472265

>> No.53473595

>>53473534
Well a loan is not considered income but unless he figured out how to get a unsecured loan and hide previous defaults from the bank this is 100% bs nigger attention seeking

>> No.53473597

>American poors find another way to fuck up the global credit system

>> No.53473607

>>53473406
did you like 100 iq girlboss tiktok? you'll love 80 iq nigboss tiktok!

>> No.53473618

While we are on the subject of LLC shenanigans I’ll tell you one of mine.
Long story short because I didn’t have a drivers license I made an LLC and registered my car to the LLC so I could get registration, stickers, plates, etc.
I eventually got my license but kept the car registered to the business so I could use commercial insurance which was cheaper as I was a new driver. so they wanted like $3500+ year

>> No.53473648

>>53473534
tbf this might be a good idea if you buy crypto instead of gold chains and hennessy

>> No.53473678

thats based

>> No.53473725

>>53473519
Actually no I've never taken out a loan since that's a Jewish mechanism to keep the white man down.

I use banks as a money printer for my deposit. So far for the month of January my savings account has made me more money than the S&P 500 did for the whole of 2022. I am very happy I bought a house in cash in the last depression

>> No.53473749

>>53473648
Except you can’t get $50k with some bull shit LLC. I’ve gotten personal loans from banks to do this although you can’t tell them that’s what it’s for.
You can’t get crazy amounts for unsecured loans and the interest rate is shitty.
For secured loans they don’t just accept gold watches and PlayStations, you’ll need like a paid off <5-6 year old car and they’ll give you like 80% LTV at a market rate.

>> No.53473788
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53473788

>>53473406
>>53473534
I mean besides ruining your credit for ten years, it's kind of based. Loans aren't taxable. Lot's of rich people use this to skirt the laws. Give your son a small loan of a million dollars then forgive the loan, tax free gift.

I'd be pissed at this trend except I'd do it if I had the money and balls. Fuck the banks. They'd literally watch your family burn alive and give zero shits. I have no moral compunction whatsoever about legally stealing from banks.

The only considerations here are fraud and blitzing your credit score. If I was 20, I'd consider it. Honestly curious why more people don't do it for their student loans.

>Get a private loan to pay off your non-dischargeable student debt
>Declare bankruptcy
>You're a broke 22-year old, so they can't repossess anything

If you can get away with it legally and you're either young enough or rich enough to get away with killing your goy-score, do it. Most 20 year olds though don't have the credit or collateral to get a $50k loan though so that's a consideration.

Honestly avoiding fraud is the biggest issue.

>> No.53473812

>>53473788
>Honestly avoiding fraud is the biggest issue.
ahhh jeez I don know duuude, they got me on these pills now man, 4thou a month? dude I can't pay that, I hurt my leg bro I can't work no more man, I can't do that bro, I can do like maybe, I dunno like 20 a month?
https://www.youtube.com/watch?v=BD5anPSzS-0

>> No.53473822

>>53473474
>Getting a loan based on a payroll based on a loan
Kek

>> No.53473841
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53473841

>>53473406
>>53473416
>>53473432
>>53473534
Incredibly fucking based. Fuck taxes, fuck the gobernment, and most of all, fuck the banks.

>> No.53473863

...How do you pay it back?

>> No.53473869

>>53473432
>can’t get a car
>can’t get an apartment

Do niggers really?

>> No.53473896

>>53473725
Yeah, that’s why the richest companies and individuals in the world all operate on some form credit, because it’s meant to keep the white man down.

Tell me how you live with your parents/in a small apartment without outright saying so.

>> No.53473940

>>53473416
If you open an LLC with your name and you own 100% of it, there is no separation between your obligations and the LLC’a obligations. You can run your scam for a few months, but eventually it is going to catch up with you and the kikes will have their pound of flesh. This nigger is retarded.

>> No.53473948

>credit union
>bank

>> No.53473957
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53473957

>>53473406
>defrauding banks
redundant

>> No.53473966

>>53473406
Here is a real tip for making money. If you find these videos on tiktok just file a 3949-A you will get at least a 10% reward from the IRS for reporting them. You could make a career out of just finding these idiots on social media and filing out a form for a few minutes and file it electronically.

>> No.53473968

Lol. These retards are basically running a mob bust-out on themselves and don't even have someone threatening to break their kneecaps to keep them doing it. Pro-tip, if you think you've found some sort of financial scheme and orthodox Jews aren't already doing it, it won't work

>> No.53474011
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53474011

>>53473406
>>53473416
>>53473432
>>53473449
>>53473455
>>53473474
It seems like the based thing to do would be to notify the IRS of this illegal activity.

https://www.irs.gov/individuals/how-do-you-report-suspected-tax-fraud-activity

>> No.53474018

>>53473966
Sorry in this specific case it would be a form 14242. The reward is bigger for these types of things anyway. Looking at minimum 5 digit reward for reporting this guy with a 14242.

>> No.53474031

>>53474011
Actually agreed if someone were to file a 14242 against him they are going to make a lot of money.

>> No.53474068

>>53473968
>thinking they'll do anything
they write these debts off like nothing in the US, debtors prison is essentially non existent. Banks just sell the debt to collection agencies who can't do shit other than soft harass people which you can then just demand they stop or you'll take them to court from emotional harassment and distress of vulnerable individuals and they'll scuttle away. Your credit score might be fucked but who gives a shit? Everything is too expensive to outright own anyway, and it'll only get worse. A mid tier brand new soccer mom minivan costs as much as a house did three decades ago. Buy second hand sprinter van and throw a mattress in it, fuck home ownership they'll fuck you with mortgage payments and taxes on it so your investment becomes a money sink for 50 years and then you die. These blacks don't care because they've always had a fuck the system mindset since being picked up by Shlomo's hired hands on the ivory coast and made to change their names to Tom. White people should start cultivating this mindset because governments of your own nation no longer value you as a citizen over some border hopper Guatemalan banana picker anymore. He's just as an American as you are! even though you've been paying taxes for 20 years and he has been in the dreamers government program getting a free scholarship and his housing paid for since he arrived.

>> No.53474078

>>53474011
if you only do it to Africans, it's based

>> No.53474086

imagine my shock when its a nig nog making this idea

>> No.53474096

>>53473406
Based

>> No.53474127

>>53473725
if you use fiat, which you do, you're participating in the jewish mechanism you're so afraid of. that said it's wise to avoid debt if you can however you should also utilize it if you need capital for something that isn't a scam.

>> No.53474178

>>53473812
What a fucking idiot.
Oh I'll just buy in cash, no you won't. As soon as you reveal you can pay more than $20 a month you're getting it taken.

Is this the alt-right? Lefties that don't like blacks?

>> No.53474184

I bought a house and get mail about the previous owner's LLC. They were Korean, you can't find anything if you google the LLC. I'm sure they did some kind of smart Korean scam to steal money from dumb American banks.

>> No.53474206

>>53474178
>he still thinks in left and right
you're done

>> No.53474219
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53474219

>>53474178
>Is this the alt-right? Lefties that don't like blacks?
What is wrong with americans kek

>> No.53474227
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53474227

>>53473788

you know you go to jail for bank fraud right?

>> No.53474254

>>53474206
Says the accelerationist.
You've give up and become part of the problem.
They don't want you to own a home or land and you're just going to accept that? Just say; okay then, I'll take your mousetrap money. I've given up on the idea of homeownership away.

>> No.53474265

>>53474219
What the fuck is the alt-right though?
Or is it just some media buzzword that doesn't actually exist?

>> No.53474303

>>53473432
this is bait but if its on tiktok then these Didndu's are gonna try this, get caught, be unable to breathe, and we'll get another riot

>> No.53474304

test did I get banned again

>> No.53474316

>>53474303
I they can get everyone into massive debt, they can easily push the one world expirable digital currency.

Who's gonna defend real money when that'd mean keeping that would keep themselves poorer?

>> No.53474323

Biz just seething that a black man on tiktok is giving out free business advice 1000x greater than the sum total of everything anyone has ever posted on this shit board. Lmao never change

>> No.53474335

>>53473416
If he said (((they))) this entire thread would be cheering him on

>> No.53474351
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53474351

>>53474316
Idk, good point anon

>> No.53474361

>>53473869
You ever hear about section 8? You don’t need a good credit score for public housing, shit might even be a disqualifier

>> No.53474391

>>53473488
the irony of your gif is that sam did a similar thing
he were going to kill himself but decided to yolo it and "cred max" by taking out many loands that he didnt have to start paying back until a certain amount of time and invested it all into bitcoin.

>> No.53474400

Made up. When you get a loan for a business the bank wants to know your business plan and everything, and if your business has no assets or revenue then the bank is going to make your personally back the loan meaning it will require your credit.

This guy is either larping or he has an LLC for his tiktok / media business and got a loan on that because he has actual revenue and isn't thinking how it would work if someone just started an LLC with no assets or revenue or business plan.

>> No.53474413

>>53473474
None of this works first and foremost because your LLC's credit worthiness is tied directly to your SSN/your credit score. You can't just get an LLC and think a bank is going to hand you $50k with no credit and no collateral .

>> No.53474444

>>53474178
>Is this the alt-write?
What's that? An indie bookstore???

>> No.53474446

>>53474413
Maybe you can if your black...

But regardless, it's only tied directly to your SSN/ your credit score if your business is new.

If your business is a few years out, they don't ask for that.

>> No.53474452

>>53473406
fuck jews

>> No.53474474

>>53474304
yes the biz jannie is on the loose again

>> No.53474475

>>53474446
correct once you have been around a while you have a dun and bradstreet number..but what I'm saying is his idea of starting a 45 day old LLC and getting a 50k loan is utter bs but I think everyone in the thread realizes this

>> No.53474499

>>53474446
you need your LLC or be credit worthy, or be credit worthy yourself. if you have no credit yourself, and start a completely new LLC, no one is going to give you a loan.

>> No.53474514
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53474514

>>53474304
The biz jannie punishes me for nothing I don't get it. Did you know they do it for free?

>> No.53474535

>>53473534
There are alot of companies that pay their employees with business credit card. There is a reason why payroll processing companies accept it.

>> No.53474580

>>53474265
go back to 2016 and ask

>> No.53475007

>>53473822
It’s sad dude

>> No.53475306

Based Black guy. You have to give him a little credit for trying to hustle. This is real shit, not just moving internet funny money around.

>> No.53475332

>>53473519
Might be different if you are black

>> No.53475343

>>53473618
Yea everyone who lost their license to DUIs does that

>> No.53475360

One of my coworkers told me his dad declared bankruptcy so a bunch of big debt was forgiven, but everything now is in his wife's name. Sounds kind of based to me but at the same time extremely risky if you marry a cunt. But probably you cant pull that off in USA, IRS looks scarier that our taxmen.

>> No.53475370

>>53473406
Why did you post this shit again

>> No.53475399

>>53474254
>don't partake in the circus show that is politcs
>'y-you're an accelerationist'
accelerate your demise by investing in rope you fucking nutter

>> No.53475405

>>53473432
> Doing this to pass checks to see if you make like $2k a month.

What is the angle here?

>> No.53475747

>>53475405
To pretend they actually have a job and income so they can get more loans. This isn't anything new, the fraud they are doing has been a thing for years and they will be caught, they aren't smart about it unlike Chinese and Russian organized crime that does this shit all the time. This is how PPP loans were defrauded and washed through crypto.

>> No.53475767

>>53473534
Blacks will just claim racism when they get caught, that card doesn't work when it's white collar crime and defrauding the IRS, they will be fucked.

>> No.53475787

>>53474011
They already know.

>> No.53475802

>>53473607
Underrated prophecy tier post

>> No.53475827

>>53473449
based walter

>> No.53476061

>>53474391
>the irony of your gif is that sam did a similar thing
Are you a fucking retard? (yes). Sam didn't tell people to commit literal fraud and multiple "Annonymous LLCs". He said to tell the banks of the loans you already have you can only pay back $5 a month, and they will accept it.

>> No.53476209

>>53473534
are you retarded? if you eat out, buy computers, and tech shit, you can put it under company expenses BECAUSE IS IT a company expense.

>> No.53476274

>>53474391
You’re an idiot

>> No.53476290

>>53476209
you have to have a business meeting at each "eating out" event
you have to actually do work on the computers you buy

the IRS will fuck you if neither of those are true or you go over the writeoff limit

and you can't write off if you have no income

>> No.53476317

>>53473788
But when you default its income or they sue you and take any property you have.

>> No.53476326

>>53473406
this isnt a zoomer thing
this gives off pre-2008 vibes

>> No.53476342

>>53473488
>BUT THESE PILLS BRO!

>> No.53476372

>>53473896
>Tell me how you live with your parents/in a small apartment without outright saying so.
Can you like fucking kill yourself m8?

>> No.53476379
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53476379

Do banks really lend money to niggers in the US?

>> No.53476391

>>53476326
god I hope so, I want a cheap house

>> No.53476397

>>53474068
>White people should start cultivating this mindset because governments of your own nation no longer value you as a citizen over some border hopper Guatemalan banana picker anymore. He's just as an American as you are! even though you've been paying taxes for 20 years and he has been in the dreamers government program getting a free scholarship and his housing paid for since he arrived.
You should fuck off back to Europe, fattie.

>> No.53476425

>>53476397
>Paco is mucho grande pissed off

>> No.53476450

>>53476379
They are legally required to. Wonder who those people that took out loans they couldn't pay in 2006-2009?

>> No.53476498

>>53476397
Thats literally why the US has open borders.
>To increase home sales/value/more loans
>cheap wagies that are uneducated

>> No.53477106
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53477106

>>53473966
>>53474018
>>53474031
Uh oh! STINKY!

>> No.53477851

>>53474184
idiot.

>> No.53477914

>>53473519
TD bank offered me $30k loan no paper work on a 7DAY OLD LLC. Its fuckin real.

>> No.53477977

>>53473432
holy shit it actually works just made 200k real life money glitch

>> No.53478082

>>53473406
>Price to set up a new identity: 1500$
>Reasonable amount of loans you can get: 50.000$ to 200.000$

What's stopping you from just taking out loans and then becoming a new person, assuming you're a psychopath and will never talk to your familly/friends again?
Time is pretty much the only limiting factor, it takes years to both secure loans and set up an identity but your probably need to do it 2-3 times before you can retire somewhere in SEA (which also removes any possibity of being caught)

>> No.53478084

>>53473406
It's because they have to give niggers free money because muh ESG score.
Verification not required.

>> No.53478137

>>53473455
lmao he's scamming. The actual trick is he gets you to get these things for him, then he takes the money

>> No.53478208
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53478208

>>53474227
>"Honestly avoiding fraud is the biggest issue."

Imagine being so dyslexic you can't even get through a single paragraph of text. Maybe you should be taking the meds.

>>53476317
Didn't know that defaulting put it into income. Good to know. As far as taking property, that's why I said if you're young enough and don't have any property to be seized, then it'd be a good move.

>> No.53478216

>>53474444
Unbelievable that a blockhead like you got quads. That's what I'm gonna start calling you. Blockhead anon :^)

>> No.53478237

>>53474178
That never happens you retarded faggot

>> No.53478240

>>53473432
>>53473534
This isn't fraud, this is just running a failing business. Running a business with no income that for some reason someone loaned out money for you to run. A business where you pay yourself to jerk off.
That isn't technically fraud but it will just lead to bankruptcy.

>>53474413
Yeah really. But it's a black owned business so who knows, supposedly they are just dumping loans on them.

>> No.53478665

>>53473534
One of my friends for Christmas last year decided to register an LLC for my other friend's band in the other friend's name without his knowledge as a joke. I'm pretty sure you can put whatever you want in there so long as the address is real. So yeah, the nigger probably is getting away with paying himself, but he's not going to last for fucking long literally advertising it on Snapchat.

>> No.53478672

>make bullshit how to get $50k on tiktok
>charge other nigger $1k for a walkthrough
>get 1000 niggers to sign up
>$1mil

>> No.53478876
File: 24 KB, 474x664, photo_2021-03-09_14-20-26.jpg [View same] [iqdb] [saucenao] [google]
53478876

Imagine taking financial advice from someone who is a:

-Nigger
-Zoomer
-Tik-Toker

Just kms.

>> No.53478925

>>53474011
>>53474031
>>53474078
>>53475787
>>53477106
>It's ok when Jews do it!!!
Fuck this shitty board

>> No.53479270

>>53473940
you cant get a business loan without collateral. you can personally sign and ruin your credit if you don’t pay it back
niggers constantly run scams like this targetting other niggers. the actual course will say you need to build credit and you have to pay a monthly fee to his credit repair biz kek

>> No.53479301

>>53473966
god damned i hate our government

literally paying people to tattle tale

ill be sure to report lol

>> No.53479452

>>53474018
>>53473966
>>53479301
Reminder that before the bourgeois took power and created their republics, everybody knew how much tax was paid by rich people. it was public information and it was a way for rich people to show how rich they were.
As soon as the atheist did their evlutions in britain, america, france and russia, all of a sudden the amount of paid taxes was secret and only the higher ups in the bureaucracy know who pays what.

>> No.53479690
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53479690

>>53473406
what's the fraud? It sounds to me like all he did was open a business, apply for credit, and then used that credit to buy cars that he rents out

>> No.53479847

>>53473788
>Give your son a small loan of a million dollars then forgive the loan, tax free gift.
this is just fraud, you are retarded

>> No.53480086

>>53478672
there's so many of them dude

https://youtu.be/7wm4a33OSeg

>> No.53480097

>>53479847
It isn't though. Happens all the time. Thing is, intent is really hard to prove, and that's all the taxman really have to go on when it comes to these things.

>"Yes sir mister taxman, I fully expected my son to pay me back for that business loan, but then I saw he was in dire financial straits, so I just let it go for the best of all interested parties."
>"Wow what a story Mr. Bankerstein, well nothing to see here, open and shut case if I've ever seen one. No wrong doing here, no sir. Have a nice day!"

>> No.53480151

>>53473519
Banks have to approve a certain amount of loans for blacks by law. Almost none of them are qualified. This is basically what caused the subprime mortgage crisis that lead to the GFA. But the media will have you believe it was predatory lending.

>> No.53481185

This is going to make headlines in a few months

>> No.53481215

>>53473966
Can I report Moonman?

>> No.53481228

>>53473474
I'm confused. Is the idea to put money into an LLC, pay yourself with it, and then put that money back into the LLC to create an illusory income you can use to apply for loans? Is the payroll company just to make it seem official?

>> No.53481366

>>53473788
>Give your son a small loan of a million dollars then forgive the loan, tax free gift.
ok, but doesn't your son have to pay interest on the loan? in germany he would have to, bc interest-free loans are considered gifts here, which are taxable.

>> No.53481382

>>53473534
we should be encouraging more entrepreneurship from the minorites, not placing stones in their path.

>> No.53481399

>>53481228
pretty much yeah.
if you make it circular and rapid (paying back the credit card immediately with your 'wages'). you are only out the payroll co. fees. You then have proof of income for a loan for near whatever amount you like. Coke n Hookers allround.

>> No.53481427

>>53474413
Unless you're black... I think ESG banks will give you sympathy loans.

>> No.53481586

>>53473788
i cannot believe this kind of financial deviance is so normalized among the people.
it blows my fucking mind what lengths people go to take advantage of the one system keeping them from speaking Chinese.

>> No.53481682

>>53481366
Interest is tax deductible in a lot of countries

>> No.53481960

if we're talking fraudy shit, I always wanted in minecraft to move to another area of the server with laxer rules, buy up some industrial redstone powered printers and hire a decent designer and print out MTG or pokemon cards with minecraft blocks. Literally the more recent MTG cards have such shit quality, people won't know you're selling them a card printed from your own industrial redstone printers. and if you get gud enough, you could just print out a few hundred alpha or beta cards, nobody in this server will do a carbon dating or some fancy shit like they do with art fakes. Hell maybe do all this off of loans you acquired for a greeting card company you're starting. Then you move it overseas away from the irs, probably get no issues importing your shit if it looks real the border agents just think you're a dweeb taking his massive MTG collection into the country.

kinda wish I already lived in a 3rd world part of the server, and had a way to get into the US to acquire loans then go back to my shithole, print out money all day in the form of cardboard. The only key would be to be better than wizards, which again if you're talking recent cards, isn't hard, it gets harder when you go back further I guess, they were more consistent then.

But also all this is probably way too much work, I'd only do it for the excitement of the chase, see how much I could get away with, set a high score. So if my current goals don't work out, this will be the plan, don't invest in MTG. maybe. well just don't anyways, you can't fake gold or silver.

>> No.53481967

>>53474265
The alt-right is an invention. It means anybody on the right that's beyond a neocuck. It's screaming racist/bigot without facing the backlash.

>> No.53482034

This is another one of those idiots that talks big but never posts results and hopes nobody notices.

>> No.53482066

not sure if i should trust a nigger

>> No.53482278

niggers gonna nig

>> No.53483457

>>53481586
fuck off boomer zog nigger. "financial deviance" my ass lmao you get ass-raped by jews every day of your life and you get mad at some NEETs on a taiwanese goat herding image board for attempting to get theirs. If you love "the system" so much then go join the military and die for israel

>> No.53483489 [DELETED] 
File: 334 KB, 1280x720, 1511550805162.jpg [View same] [iqdb] [saucenao] [google]
53483489

/biz/ discord. join for frens: Nwm4FcmzwT

>> No.53484197

>>53473406
Imagine, unironically belive what a nigger says
all this nigger wants is to sell his AI made course

>> No.53484377

>>53473546
And the best part, China merely provided the platform; it's the mutts that proliferated their own retardation resulting in even more retardation.

>> No.53484441

>>53481228
>>53481399
it's literally wire fraud but yeah

>> No.53484588

Based af, unironically taking pointers from this thread
Fuck bankkikes

>> No.53484689
File: 2.09 MB, 640x368, hehe.gif [View same] [iqdb] [saucenao] [google]
53484689

>>53473406
>be me 20 years ago
>playing simcity 3
>takes a lot of debt
>built all i want
>i get bored and leave just before i run out of money

good times

>> No.53484693

>>53484377
American degeneracy and retardation makes new low every second.

>> No.53484719

>>53473406
>>53473416
>>53473432
>legally starting your own business and taking out a business loan to do so is now fraud
This is a business and finance board

>> No.53485039

>>53484719
Actually every action using USD is fraud anyway, from any side of counter. United States of Fraud you know what I mean

>> No.53485085

>>53474011
based and shalom, these trick where invented for us and for u people not for the cattle

>> No.53485153

>>53473406
Nogs will do this and swear to god they are a legitimate business owner and are contributing to society.

>> No.53485290

>>53478925
The final redpill is to become the jew, but you are too new to know this.

>> No.53485352

>>53473406
Isn’t this what Leo does in that movie catch me if you can?

>> No.53485414

>>53478240a
>A business where you pay yourself to jerk off
Its legal for women, just start an onlyfans

>> No.53485416

>>53474391
The lesson that Sam Hyde taught is that you should not put yourself in financial peril to repay loans. Pay the bare minimum and live normally instead of eating one meal a day so that you can quickly repay a faceless and rootless organization that doesn't care if you exist.

>> No.53485473

>>53485416
>I am STEALING FROM YOU

>> No.53486331

>>53481228
Yeah you're basically pulling a Bernie Madoff with the banks. Get a loan, use it as proof of income to get a bigger loan, pay back the original loan, use the new loan to get an even bigger loan, etc.

Robbing Peter to pay Paul sorta thing.

>> No.53486364

>>53481366
Maybe for a little while just to prove intent with the IRS. But it's still a huge win for the recipient.

>Dad gives you a small loan of a million dollars at an interest rate of 1%
>Pay interest of $10,000 per year for two years
>Loan gets forgiven or defaulted on via shell companies
>Son get's a tax free gift of $980,000

>> No.53486435

>>53481586
What goes around comes around.

They printed 50% of the currency in the last two years and cut up half of everyone's savings via inflation. The banks and multinationals regularly rape people financially (and sometimes literally) and have no compunction whatsoever about watching you burn alive while paying off senators to import millions of immigrants per year. And they'll come for your social security next gramps.

We've moved from the wealth generation phase of our empire to the wealth extraction phase. I've seen enough post-apocalyptic movies to know that the only ones who survive are the ones who know they aren't going back to the way things were.

>> No.53486438
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53486438

>>53481586
lol
lmao

>> No.53486513

>>53473788
>>Get a private loan to pay off your non-dischargeable student debt
>>Declare bankruptcy
>>You're a broke 22-year old, so they can't repossess anything
They don't give loans to broke kids without cosigners, usually the parents cosign or you can't get a private loan.

>> No.53486601

>>53486513
Yep, I admit that's an obstacle.

>> No.53486716

>>53473406
Lmao America is financially fucked and the US Dollar will become Weimar tier toilet paper.

>> No.53486799

>>53473788
> Give your son a small loan of a million dollars then forgive the loan, tax free gift.
Loan forgiveness counts as income. Your son now owes tax on a million dollars.

>> No.53487147

>>53486799
Maybe so, maybe so. Doesn't stop the rich from passing off money to their friends and family through offshore, shell company black magic though. My point was there's a lot of loopholes and ways for people in-the-know to get away with this shit.

I knew a guy who used to buy golf carts to take advantage of the EV tax credit and then sell them. He'd take a hit of about $5000 or something to pay no taxes on the rest of his income for that year. It ended up saving him tens of thousands. That's more of a working class tax loophole, but if you have the means, why not?

The 6000-lb vehicle tax break is nice too if you know what you're doing.

>> No.53487280

>>53473406
>>53473416
>>53473432
holy shit what if a zoomer trend causes the next financial crisis LMFAO

>> No.53487304

>>53487280
It's always (((bankers)))

>> No.53488090

>>53472265

Wait so these niggers are remortgaging their own homes as downpayment for business loans in the aim of buying more property to rent out... This is sub-prime mortgage shit this...

>> No.53488256

>>53481586
Are you really complaining about the peasants looking for loopholes of their own when the people at the top have openly and brazenly been looting the public coffers for the past 20 or so years?

>> No.53489916

>>53477106
stop chewing your nails you fucking faggot

>> No.53489930

>>53489035

>> No.53490264

>10% of the replies on the activity
>90% on the skin colour
Holy shit /bizpol/ is obsessed.

>> No.53490297

>>53490264
nig

>> No.53490349

I will never take on credit, simple as. Sorry Moshe.

>> No.53490451

>>53473534
ther irs has no jurisdiction over your expenses, you can deny them service

>> No.53490666

>>53477914
You're lying. An offer vs money in hand are two different things.

>> No.53490743

>>53477914
Are you black?

>> No.53491001

silly goy, fraud only works for jews

>> No.53491024

>>53490264
its primarily not-a-wite thing.
the issue with it all naturally being, these loans are still in your name. Which gives (some degree of) plausible fraud deniability but still means shtf for you personally someway down the line. And you need to not gaf about long-term consequence - an attitude you couldn't blame anyone for, given the current absolute state.

>> No.53491060

>>53491024
>not-a-wite thing
*nigga thang

>> No.53491331

>>53473478
It's called debtmaxxing but 50k won't set you for life almost anywhere

>> No.53491458

>>53473519
Well, they used to prevent sex offenders from teaching jobs or anywhere near kids. Doesn’t seem like some banks are far off from doing exactly that.

>> No.53492337

>>53488256
You think these are loopholes?
Say you have zero assets or liabilities? No loan
Say your fake business has assets and revenue when it doesn’t? Fraud.

>> No.53493829

y'all be sleepin on da mf surest 10x in the market right now fr bruh
>buy gun ($250)
>kill yt
>???
>$2500
fr y'all wypipo retorded shiieeeet

>> No.53493878

Black people... they are true gift to our society. thanks for the laugh..

>> No.53493886

>>53492337
It's not really any different to the robinhood pump schemes. The proletariat have realised that you don't just have to earn a wage and instead can do what everyone else does. I had an LLC of my own for crypto mining, it was funded with a loan I gave it which it used to buy assets off me. Those assets generate revenue, the LLC pays back the loan from revenue to me and pays profits as a dividend to me. I'm now not paying income tax on the revenue as almost all of it is coming as a loan repayment. This LLC was liquid as it had assets, liabilities and cashflow. I could very easily have taken a loan out for it, used that to pay back my own loan and watched it fold when crypto crashed. I didn't though. I'm the stupid one here.

>> No.53493968

>>53473406
I've literally been seeing these posts all over instagram.

>> No.53494034

>>53474011
holy fuck this board is dead

>> No.53494084

>>53494034
>I need scams and I support scams!
Sooner whatever you think is the board culture dies the better. Don’t come back.

>> No.53494194

>>53493968
>instagram
Normie

>> No.53494242

>>53473470
This is a chinese psy op to inspire niggers to bankrupt the west, bravo to them for their skills in trickery

>> No.53495002

>>53473406
>>53473416
>>53473432
>>53473449
If it works it is for sure antisemitic

>> No.53495020

>>53486331

This post just helped me understand so much lol

>> No.53495060

>>53486331
Kek, that’s actually pretty based. No way this shit works in the long run, but the thought of it is amusing as hell

>> No.53495128

>>53476290
This. Dipshits who think you can pull a fast one on the IRS have no idea how unbelievably invasive an IRS audit can and will get.

>> No.53495178

>>53477106
>internet revenue service
wut? is that a jany version of the IRS?

>> No.53495229

hi

>> No.53495236

>>53493886
What do the loan payments count as? Is that not personal income? Also, don't you have to pay personal income tax on the assets the LLC buys off of you. Or are you selling it for ~$0, in which case what's the benefit over buying the miners directly from within the LLC?

>> No.53495251

>>53478240
Exactly just have to file bancruptcy on the business and u prob won't have good business credit afterward

>> No.53495365

>>53480097
You're an idiot. The IRS will be all over that shit to have you prove that the son couldn't pay back the loan in earnest.

>> No.53496423

>>53495236
If you’re using a loan and then paying yourself through the payment processor LLC as your “totally legit businessman salary”, you will definitely owe taxes on it. Interesting thought experiment on the restitution owed:
>all fraudulent loans made to LLCs after feds easily pierce the corporate veil
>taxes on the salary you paid yourself
>payroll taxes for the sham LLC that paid you
>principal and interest on the bullshit business credit cards you setup
>inevitable overdraft fees on the business accounts
>interest on all monies owed
>penalties
>jail time

This shit going to follow you for the rest of your life in so many different ways.

>> No.53496436
File: 612 KB, 568x652, 1673900555917617.png [View same] [iqdb] [saucenao] [google]
53496436

>Commit some pretty serious fraud with a paper trail
>Brag about it on TikTok
These niggas be like Icarus. Niccarus?

>> No.53496730

>>53496423
Nobody said it was a *good* idea - but when your chances of being a hi-roller for a few weeks in your live, eva, are this or slinging crack.. when people really gaf over the consequences of instant gratification, jails would be empty.

>> No.53497951

>>53473416
>Have the best 2023 of your life

>> No.53498003

>>53473416
>make 5figs a month renting out 4 cars
yeah ok

>> No.53498469
File: 95 KB, 1168x620, thanks, refcucks.jpg [View same] [iqdb] [saucenao] [google]
53498469

>>53473406
>jobless nigger
>50k approval
>LLC

>> No.53498618
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53498618

>> No.53499242
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53499242