I read a book by a CIA officer. A big part the job is carrying around tons of cash for shady people. It’s understood that if you take the cash for yourself, you go to prison. The ironic thing is the money usually goes missing. It gets given to some VIPs brother, who is supposed to give it to VIP, but doesn’t. The important thing is it not go missing while you are watching it. It can go missing later - just not on you…
FBI arrests CIA official with $40M in gold bars in his home
381–390 of 419 posts
Re: FBI arrests CIA official with $40M in gold bars in his home
#382Earlier quoted context omitted.
$40m+ in an expense account based in gold bars is absolutely crazy. CIA agents must have access to untold resources if this is seen as a somewhat regular 4 month spend. Seems it is, given that they seemingly weren't concerned about the $40+ million being taken out, but where it was being held.
The "resources" are off the books, it must be just the tip of the iceberg.
Re: FBI arrests CIA official with $40M in gold bars in his home
#383Earlier quoted context omitted.
> Obvious plant nobody would be that stupid to store the valuables at home within the first six months after the „acquisition“. Whenever you say "nobody would be that stupid" you have to pause and take a deep breath and realise that however dumb something is, there are for sure people who are stupid enough to do it. Example 1 from personal experience: I was at my aunt's house and she had to rush a friend's husband to…
The first story could literally be a sketch on a comedy show, thanks for the laugh
Re: FBI arrests CIA official with $40M in gold bars in his home
#384Earlier quoted context omitted.
> Obvious plant $40 million in gold bars is about a thousand pounds of gold. That would be hard to plant.
Not that it matters, but I think it's closer to 600 lbs. $40M /( $4.5k / oz) and then (1 lbs / 16 oz)
Re: FBI arrests CIA official with $40M in gold bars in his home
#385Earlier quoted context omitted.
I collect watches worth >$100k and I promise you that most collectors in this range are just watch nerds that have more money than they know what to do with. Singapore is a big watch market because it has a very tight knit and wealthy collector community. Margins on most watches in this range are around 10% on the low end. I wouldn't call that razor thin.
What's the appeal of collecting high priced watches? Is it kind of like art collections, where its a decent store of value while maintaining a collection of something you are personally interested in? Or is it more for "love of the game"? Not saying its not a cool thing to collect, well made watches are a very cool piece of engineering, I'm just curious if there's any "special" appeal outside of "i like this thing an…
More this. I love wearing what are basically highly complex, mechanical works of art on my wrist. It appeals to both the engineer/nerd and the romantic inside me.
Some watches hold value, others don't. I have some watches that have halved, others that have doubled. But I don't really intend to sell so it's immaterial.
Re: FBI arrests CIA official with $40M in gold bars in his home
#386Earlier quoted context omitted.
I think most people would argue that's just being a moral person. Jesus was a humanist, after all. I find that these days, the folks looking for community won't really build for others, and the folks looking to build for others are extremely hesitant to join a community. You tell me why and which group are better Christians.
As outlined in John 1:1, Jesus is in fact God himself, and God is something far greater and more magnificent than a humanist. The message of the Bible is a total inversion of humanism, teaching us to believe in God alone rather than ourselves for deliverance from the necessary and ultimately temporary problems of evil and suffering. It's full of stories of human beings attempting to fix things on their own and failin…
Re: FBI arrests CIA official with $40M in gold bars in his home
#387Earlier quoted context omitted.
As outlined in John 1:1, Jesus is in fact God himself, and God is something far greater and more magnificent than a humanist. The message of the Bible is a total inversion of humanism, teaching us to believe in God alone rather than ourselves for deliverance from the necessary and ultimately temporary problems of evil and suffering. It's full of stories of human beings attempting to fix things on their own and failin…
Forgot the holy spirit, doofus. The God in you and me. The reason Jesus told us to love one another. You will never be righteous with such a shallow and disconnected interpretation of God's will.
"For I tell you that unless your righteousness surpasses that of the Pharisees and the teachers of the law, you will certainly not enter the kingdom of heaven." - Matthew 5:20
Re: FBI arrests CIA official with $40M in gold bars in his home
#388Earlier quoted context omitted.
> But the thing I'm stuck on is the places you can walk into and get cash for even one kilo of gold My sister had been hoarding our mother's & grandmothers' jewelry for decades. I finally got her to sell off the gold before another of her bad choices in boyfriends stole the rest (last guy took her for about $40k). We took a check for it, but the guy had most of the $70k in cash at hand. No KYC at all. Here in the US.…
Sure, selling the sorts of gold grandmothers and crazy uncles horde like rolls of Krugerrand coins, etc and even raw flake amateur prospectors mine out in Nevada is common and probably pretty easy to convert into cash amounts up to a few hundred thousand dollars. But these seem to have been minted gold bars, very likely stamped and serialized. Admittedly, I don't know that industry, but wouldn't trying to cash even a…
the spreads are horrible in most places, outright swindles
Re: FBI arrests CIA official with $40M in gold bars in his home
#389Earlier quoted context omitted.
> A small plot of forested rural land without utility service doesn't cost much at all. Go car camping at your new private getaway for a few days. This isn't rocket science. Once someone is under investigation for something like this, they will look at everything. If the person suddenly bought a small plot of rural land with no utility service that’s going to raise red flags. As a secondary problem, once the investig…
> once the investigators start asking you about it you have to lie to them You literally don't, that's what the fifth amendment is for there's a large lack of creativity in these comments. pay for a deer lease, go hunting, don't bring phone, bury gold somewhere random in thousands of acres of land deep enough metal detectors won't find it, kill deer, go home. repeat 3x a year and it's both not suspicious at all but a…
Re: FBI arrests CIA official with $40M in gold bars in his home
#390Earlier quoted context omitted.
I used to read a lot about Michele Sindona who was supposed to be connected to the Mafia and the intelligence community. His currency trading firm was one of the first to trade the Eurodollar contracts back in the 60s, IIRC. I think intelligence and finance really go hand in hand. It makes so much sense -- you see, the intelligence community really hates the congress or whatever to snoop around its operations before…
This also applies to tech now. Meta, Microsoft, Amazon, Google, etc all have Global Security branches.