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To: taxed2death

How would you find the money they send? Unless they are doing wire transfers, it’s pretty difficult to put a barrier on the flow of money.

Would the mail get opened? I am not being cynical, I worked in financial services a long time.

When a check hits the paying bank, it’s done first as a transaction registered either through a clearing corp or a fed money bank. The paying bank receives the check later and unless the check is an endorsement forgery, has no legal claim to go back to the person paid to reclaim the money as the allowable time to contest the payment will have been exceeded, which if I recall correctly is 48 hours from when the check has been presented.

I really don’t know how it could be done.


475 posted on 06/12/2007 4:16:09 PM PDT by saveliberty (Prayer blizzard for Tony and Jill Snow and their family.)
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To: saveliberty; taxed2death
How would you find the money they send? Unless they are doing wire transfers

Hmmmm... Those of us who with an illegal alien population in or near our communities also have dozens of remesadoras (remittance agencies) at every strip mall.

More than $20 billion was remitted to Mexico last year, $62 billion to all of Latin America and the Caribbean, and most of that's from America. Remittances to Mexico are predicted to be the number one source of revenue this year, exceeding that of Pemex (the state owned oil company).

The Treasury Department was supposed to complete a computer system to monitor remittance shops at the end of this year, but (surprise!) it won't done for another three years.

543 posted on 06/12/2007 5:28:28 PM PDT by angkor
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To: saveliberty

“How would you find the money they send?”

All electronic money transfers are traceable by both point of origin as well as destination....routing numbers...etc

Western Union, Bank transfers.... that is the easy part.


549 posted on 06/12/2007 5:34:22 PM PDT by taxed2death (A few billion here, a few trillion there...we're all friends right?)
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