OP you did the right thing.
I would've handed it back. I'm an honest bloke, and if I was caught I'd feel like I'd let my parents down massively
Massive moral / criminal dilemma – what would you have done?
- Thread starter EyepodI
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OP you did the right thing.
I would've handed it back. I'm an honest bloke, and if I was caught I'd feel like I'd let my parents down massively
The problem was I think they may have worked out that it had been given to me by mistake. However the messenger who gave me it had some kind of mental retardation but could obviously do his jobs within reason. So who knows?
My dilemma was to flee the bank there and then and go on the run, possibly to Switzerland and then who knows what next....The implications made be physically sick with nervousness. It was actually a relief to hand it back.
Soldato
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Fleeing and moving to Switzerland straight away would have given the game away, you'd have just been extradited/not gotten past passport control at the other end.
Work there for a year then go on a "gap yar" to Bermuda would be my suggestion, and then never come back.
Work there for a year then go on a "gap yar" to Bermuda would be my suggestion, and then never come back.
I'd hand it back, mostly because while the potential gain is very high - I don't believe I'm lucky enough to get away with it.
Also, I'd have no idea where that money came from or it's intended purpose - it could have been meant for something alturistic or a charity - who knows.
Also, I'd have no idea where that money came from or it's intended purpose - it could have been meant for something alturistic or a charity - who knows.
It would have been possibly from a private client (i.e rich individual) or another financial institution settling a bill for a Gilts trade.
No - thats the point with bearer bonds. No questions asked if you were to go to the right institution to cash it AFAIK. But obviously I never tried
I think they can come in any currency potentially.
No - thats the point with bearer bonds. No questions asked if you were to go to the right institution to cash it AFAIK. But obviously I never tried
I'm pretty sure that the piece of paper that it is printed on will still have a serial number or some identifier making it traceable.
For that amount of money it would not be treated as a trivial sum and it would be thoroughly investigated.
It's just that the largest bearer bond issued in USD is $1m.
You had a £2.5m one, so I just wondered whether it is different based on currency.
It doesn't. That's the point.
I can't even recall the exact amount now TBH - it was for a good few million anyway and in pounds. No idea if they are in different denominations for different currencies.
![[FnG]magnolia](/styles/overclockers/avatars/9.png){kind=avatar}
Caporegime
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Who were you working for where BB's were common or indeed used at all?
Exactly how would you have cashed in that Bearer Bond. It is quite difficult to find an agent willing to do so even if you have the contacts and reputation that would support such. Because they are so easy to steal and it is very diificult to legally do so, especially as any reputable (and therefore accessible) banking agent would require the original bearer bond, the records associated with the interest coupons, and that you supply a certificate of residence from the HMRC and a verifiable traceable bank account in which to deposit the funds once all the checks into your identity and means are completed. Not to mention such bearer bonds are extremely rare and would illicit questions from the outset. Were GDP bonds ever issued in such large amounts in a single bond?
In short, you could have taken it, but you either wouldn't have been able to negotiate it and if you did, I doubt you would have passed the scrutiny that any banking agent would require.
In short, you could have taken it, but you either wouldn't have been able to negotiate it and if you did, I doubt you would have passed the scrutiny that any banking agent would require.
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[FnG]magnolia;24335206 said:
It was a very well known investment bank. Whom I shall not name. I don't think that BBs were commonly used at all . It may have been a negotiated / unusual form of settlement between the bank and a private client as being their only liquid funds.