0
What else can I help you with?
What happens to cash illegally obtained by criminals?
cops take it and spend it on themselves
What happens to drugs seized by authorities?
They are destroyed.
Where does the drug money go after being ceased from a drug bust question unanswered?
Money seized from criminals usually goes to the local government or to the police department.
What are the advantages and disadvantages of e-cash?
cashless society not only more convenient, but also can decrease the criminals happen
What happens if you get duplicate checks from social security and you cash both?
what happens if you cash a duplicate social security disabilty check
What happens to confiscated weapons?
Most of the time they are either destroyed or awarded to the agency who seized them.
What happens when equipment is purchased for cash?
The person that had equipment now has cash and the person that had cash now has equipment.
How are criminal elements embracing this new technology with e cash?
Criminals are using e cash to facilitate criminal transactions online. They are also trying to hack the databases of e cash providers to gain access to their users accounts to drain them of any e cash.
What amount of cash withdrawal does a bank report?
Banks are required to report transactions exceeding $10,000 in cash withdrawal. Typically, most criminals will withdraw $9500 to avoid any reporting.
What is types of accounting?
In Accounting, there are two types. There is Cash Basis Accounting and Accrual Basis Accounting. With Cash Basis, transactions are considered to have happened when cash is exchanged, ie. a cash sale or cash payment. In the Accrual Basis, transactions are considered when the event happens. For example, a sale happens when an invoice is given. A debt happens when a bill is received.
What happens when cash is received in payment of an account?
Received cash from a customer as payment on account
Do conflict diamonds help local economies?
Conflict diamonds 'help' the terrorists and criminals who profit from them. In local economies run by terrorists and criminals, you could say that conflict diamonds 'help' those economies, because the diamonds are turned into cash.
