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A comment on Growing a company that sells miniature construction supplies to $17k a month. Parent comment

Re:Growing a company that sells miniature construction suppl... by vuln on Wednesday February 21, 2018 @11:18AM (#16430534)
Why not? My auto and hoke loan is through my credit union. I can walk in any branch and make a cash payment on any of my loans. I don't even have to verify I own the accounts.
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Re:Growing a company that sells miniature construction suppl... by pjc50 on Wednesday February 21, 2018 @11:25AM (#16430589)
You will attract AML attention if this goes over the $10k threshold for any one transaction (or near it in some cases).
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Re:Growing a company that sells miniature construction suppl... by aidenn0 on Wednesday February 21, 2018 @12:10PM (#16430974)
Who has a mortgage or car payment that is in excess of $10k per month?
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Re:Growing a company that sells miniature construction suppl... by nerfhammer on Wednesday February 21, 2018 @01:32PM (#16431706)
(tangent) An old friend of mine claimed that he could get very low-ball offers accepted for used cars by showing up with his entire bid in hundred dollar bills in cash, he said that people were so mesmerized by the sight of literal stacks of currency that they would accept lower offers than they would for other "cash" offers that were otherwise some form of bank transfer.
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Re:Growing a company that sells miniature construction suppl... by dzdt on Thursday February 22, 2018 @01:54PM (#16440242)
Alternate explanation: payment in bills facilitates the salesman cheating his boss. The salesman writes up two bills of sale: one to you for the cash amount received, one to the dealership for the minimum price he can get away with. The difference goes in his pocket.
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Re:Growing a company that sells miniature construction suppl... by mygo on Thursday February 22, 2018 @02:50PM (#16440789)
Hmmmm.

This is useful.

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Re:Growing a company that sells miniature construction suppl... by HeyLaughingBoy on Wednesday February 21, 2018 @12:38PM (#16431242)
San Franciscans :-)
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Re:Growing a company that sells miniature construction suppl... by rhizome on Wednesday February 21, 2018 @04:43PM (#16433243)
Anybody who bought a house for more than (napkin) $1.5MM? Lots of those out there.
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Re:Growing a company that sells miniature construction suppl... by foobarian on Wednesday February 21, 2018 @09:49PM (#16434803)
Anybody who borrowed that much to buy a house, anyway.
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Re:Growing a company that sells miniature construction suppl... by IncRnd on Wednesday February 21, 2018 @12:37PM (#16431238)
People with a need to launder money?
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