Friday, October 7, 2011
How to obtain a secret bank account when all else fails
The following quote is from Elsy in New York. She sent it to me as a post to one of my website pages. This was such an ingenious solution that I am passing it on to you.
"I purchased Invisible Money when it first came out. A friend was in trouble with the IRS and could not deposit his money in his own bank until he could work out a payment plan with the IRS.
"In Invisible Money you discuss older bank accounts. We brainstormed and came up with several ways to acquire an old bank account. My friend started looking for businesses for sale at dirt cheap prices. He really did not want the business; he wanted the business bank account. He found a one-man lawn service business looking to sell his client list.
"He purchased the business (client list) for approximately $3000. Included in the purchase was the business bank account which was opened in 1966. No social security number attached. Just a tax ID number
"Then he sold the business client list for his purchased price minus the bank accounts."