Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jpl
I meant that PayPal is probably considered a US bank for purposes of this law. Thus you can send money to PayPal, but they would be prohibited from sending it to a casino.
30 posted on 10/02/2006 12:43:27 PM PDT by KarlInOhio (Dems - Your conduct is an invitation to the enemy, yet few of you have heart enough to join them.)
[ Post Reply | Private Reply | To 29 | View Replies ]


To: KarlInOhio

I don't see how anyone could be prevented from setting up an offshore account in a financial institution not owned or controlled by the casino.

Then, conduct whatever financial transactions you want from that account. Congress will have a tough time eliminating foreign accounts because they're vital to conducting business. And so they can't ban transferring money to them or bringing money back.

This is a goofy law, but it has an easy workaround that's completely legal.


33 posted on 10/02/2006 12:55:48 PM PDT by Dog Gone
[ Post Reply | Private Reply | To 30 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson