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Old 09-18-2022, 07:35 PM
 
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So years ago I won a very large settlement. I never got the chance to cask the check but I'm pretty sure it can be reissued because I got kidnapped by a local police department and tortured. I collect SSI and is it possible I can give the check for people I know to deposit it and hide it for me?

 
Old 09-18-2022, 07:42 PM
 
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It is not possible to find out easily where you have bank accounts,what IRS does is to ask to see 2 years of bank statements and look for bank transfer to find the other bank accounts you may have.

As for SSI,I assume you get it from the state,they watch what else comes into the bank account they deposit your SSI payment,there is no way they know you have open other accounts unless you tell them(thats all I know),may be someone can come and shed some new light.
how old is the check?
But then IRS is know to seize $$ from your paypal account based on SSN,
 
Old 09-18-2022, 07:44 PM
 
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Quote:
Originally Posted by tooldude View Post
So years ago I won a very large settlement. I never got the chance to cask the check but I'm pretty sure it can be reissued because I got kidnapped by a local police department and tortured. I collect SSI and is it possible I can give the check for people I know to deposit it and hide it for me?
It’s possible to commit fraud, but it’s not a smart move.

By the way, it’s likely that the year you won the settlement was the year of inclusion, you not “cashing” the check is likely irrelevant. Settlements for personal injury are likely to be non taxable but I assume you’re trying to hide it for some other type of means testing?

The statute of limitation on fraud is forever.
 
Old 09-18-2022, 07:44 PM
 
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You mean endorse the check to someone you trust and then he will cash it and give you the money.
first is the check dated,is it still cashable?
you may be able to cash it yourself by going t o the issuing bank with proper ID
 
Old 09-18-2022, 07:46 PM
 
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Quote:
Originally Posted by Thatsright19 View Post
It’s possible to commit fraud, but it’s not a smart move.

By the way, it’s likely that the year you won the settlement was the year of inclusion, you not “cashing” the check is likely irrelevant. Settlements for personal injury are likely to be non taxable but I assume you’re trying to hide it for some other type of means testing?

The statute of limitation on fraud is forever.
He is not committing fraud,it is his check,just dunno if it is any good.
he is just afraid the state which gives him the SSI money would say you make too much money,
 
Old 09-18-2022, 07:46 PM
 
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“Kidnapped by a police department and tortured”

Hmmm
 
Old 09-18-2022, 07:49 PM
 
1,108 posts, read 515,768 times
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Jail
 
Old 09-18-2022, 07:53 PM
 
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For every transaction over $10,000 the bank is required to report it to the IRS.
 
Old 09-18-2022, 07:56 PM
 
5,896 posts, read 4,383,357 times
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Quote:
Originally Posted by mojo101 View Post
He is not committing fraud,it is his check,just dunno if it is any good.
he is just afraid the state which gives him the SSI money would say you make too much money,
Getting around means testing for financial resources by hiding funds from the state would be fraud.

You also can’t transfer financial resources from one person to another without consideration/fmv without it being a taxable event ie a gift above the exemption. It’s likely to also be federal income tax evasion to give a large sum of funds to a person for them to give it back without reporting it.
 
Old 09-18-2022, 08:39 PM
 
10,864 posts, read 6,315,533 times
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they cant touch his house or auto?
I think we should take it with a grain of large salt?
kidnapped and tortured by police and rewarded but did not cash a big check??
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