Can I get in trouble for this

Your issue will be funding as the merchant account processors disallow most credit cards to be used and your bank will report any wire transfer to or from your account under the Banking Secrecy / FINCEN / Patriot Act.

Your electronic paper trail is too easy to follow. Even the prepaid anonymous visa/mastercards will not work. Most of the offshore gambling sites ask for an e-check or debit card to fund.

Getting money out is where you will get exposed. The feds use the patriot act to force cooperation and disclosure from foreign companies, banks etc.. Read up on all of the swiss banks that have opened up their books and records to the US Government.

Now if you open a bank and a credit card in a foreign jurisdiction where this activity is legal and you report and pay taxes per their laws and they have a double taxation treaty with the US... Your in a much better position to pay and play... as far as legality... hire an attorney.

I too miss the days of the online casino... just recreational fun and online cigarettes even more.
 
It is not illegal for US residents to do offshore business. But, the IRS does not like it as offshore businesses do not have reporting requirements to the IRS and therefore it is possible for the individual to cheat on the taxes. The IRS therefore discourages offshore business participation for the individual. They also try to harass the offshore business for their records. Therefore many offshore businesses don't even want to deal with US residents. Too much trouble and there are plenty of other potential customers in the world.
 
Yes, US-based "comrades" have lost tons of freedom in the last 20 years and are essentially kept on close watch by IRS/FBI/ and the rest of the gestapo government.

In the meantime, the former "communists" keep making their societies more "free".

I see a convergence pretty soon.


Quote from Beebers:

It is not illegal for US residents to do offshore business. But, the IRS does not like it as offshore businesses do not have reporting requirements to the IRS and therefore it is possible for the individual to cheat on the taxes. The IRS therefore discourages offshore business participation for the individual. They also try to harass the offshore business for their records. Therefore many offshore businesses don't even want to deal with US residents. Too much trouble and there are plenty of other potential customers in the world.
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Quote from antincedo:

hey.. heres one for you

if your planning on doing something illegal

dont post it on an internet forum :confused:
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:D

I was thinking about robbing a bank later,
anyone up for it?
 
Quote from TIMMY57:

I hope no oe is offended that is has nothing to do w/ trading, but I figure i'll post it anyway.

Can I Get in Trouble Playing an Online Poker Site That is Banned in the US

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There is this online poker site X. Due to legislation that was passed X is no longer allowing US customers. If you try to sign up & your IP address is from the US they will not allow this.

What I'm thinking of doing is setting up a server in canada. I will log into my computer in canada from the US and play on this site

Would this be illegal & could I face any criminal time? or if I got caught would they just close my account?


Thanks
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Just buy a pack of cards, find a few local stray cats or dogs and organise a poker school with them. You are obviously of above average inteligence so you should win more hands than you lose thereby making a profit and gaining the trust and friendship of feline and canine "hotties" should you wish to wish to bed (or basket I suppose) any of them in the future. Should the FEDs smash your back doors in (ouch) I doubt they will be too bothered about your gambling addiction and you can always explain that you and Fido were playing hunt the bonio.

Hope this helps.
 
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