I have a credit account with an offshore book and I have been making a lot of Western Union transactions lately. I always have to provide them with my ID when processing the wires. My question is does Western Union disclose any information to the government. Thanks in advance for your responses.
I used WU as my primary money conduit on deposits and withdrawals for several years, until about a year ago when one of mty deposits didn't go through. When I called WU, they told me I had been red flagged for "suspicious activity" because I had so many transactions through the years, and they had suspended my ability to transact unless and until I provided them with a written statement of what the purpose of my business was. Of course, I told them to shove it. Now, I still deposit via WU but I use other people's names (if it's under $1000, they don't ask for ID). I haven't tried to withdraw since being informed of the red flag.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Slim Goodboogie:
I used WU as my primary money conduit on deposits and withdrawals for several years, until about a year ago when one of mty deposits didn't go through. When I called WU, they told me I had been red flagged for "suspicious activity" because I had so many transactions through the years, and they had suspended my ability to transact unless and until I provided them with a written statement of what the purpose of my business was. Of course, I told them to shove it. Now, I still deposit via WU but I use other people's names (if it's under $1000, they don't ask for ID). I haven't tried to withdraw since being informed of the red flag.<HR></BLOCKQUOTE>
It is almost like WU punished you for being a good customer!
But I wonder how much control WU has over the situation. I doubt they wanted to install all these new security procedures.
I used WU as my primary money conduit on deposits and withdrawals for several years, until about a year ago when one of mty deposits didn't go through. When I called WU, they told me I had been red flagged for "suspicious activity" because I had so many transactions through the years, and they had suspended my ability to transact unless and until I provided them with a written statement of what the purpose of my business was. Of course, I told them to shove it. Now, I still deposit via WU but I use other people's names (if it's under $1000, they don't ask for ID). I haven't tried to withdraw since being informed of the red flag.<HR></BLOCKQUOTE>
It is almost like WU punished you for being a good customer!
But I wonder how much control WU has over the situation. I doubt they wanted to install all these new security procedures.
let's say that the government is collecting and saving all this WU information in a huge database.
Will they share this info with the IRS? Yes, but the IRS will have to ask. It's not like the IRS is going to ask for ALL the information on individuals that have transactions totaling more than $50K or 100K or whatever per year.
The IRS will get you when your pissed off spouse/ex-spouse tells them about your offshore wagering habit.
So next is the FBI. Same deal, they might check with WU if they are investigating you for racketering or Money laundering...but they ain't got the time to look up the 10's of 1000's of people that send large amts of money.
Next is Homeland Security (KGB, Gestopo) No one knows what they do or how they do it. Don't ask or you'll get hauled away to be questioned.
good luck
Will they share this info with the IRS? Yes, but the IRS will have to ask. It's not like the IRS is going to ask for ALL the information on individuals that have transactions totaling more than $50K or 100K or whatever per year.
The IRS will get you when your pissed off spouse/ex-spouse tells them about your offshore wagering habit.
So next is the FBI. Same deal, they might check with WU if they are investigating you for racketering or Money laundering...but they ain't got the time to look up the 10's of 1000's of people that send large amts of money.
Next is Homeland Security (KGB, Gestopo) No one knows what they do or how they do it. Don't ask or you'll get hauled away to be questioned.
good luck
