Tuesday, March 11, 2014

Blind Item #4

All that cash that this A list R&B singer used to keep around his homes has all been taken by his now ex-girlfriend. She has been lugging around suitcases filled with cash. One of her friends says it is well over $1M she accumulated.

33 comments:

Seven of Eleven said...

Friends just aren't what they used to be. :/

hollywood dime said...

LOL!!!!!
I think this is supposed to be Chris Brown and Karrueche.

WareCat said...

Is Chris Brown R&B?

OneEyeCharlie said...

Yeah.. well... I have a jar on my mantle that I dump spare change into. Probably a good $40 - $50 in that bad boy. Try not to hate, betches

Nutty_Flavor said...

Got to be a downer to have that much cash. How to you sleep at night - with your arm tied to one of the suitcases? Banks exist for a reason.

Seven of Eleven said...

It is possible she asked the Dancing Dude Maks for advice on where/how to stash a substantial amount of luggage cash, though.

Tricia Shaw said...

Usher

David Howes said...

Unfortunately, for her, Banks are now required by law that you verify the money before they will accept a deposit.
Maybe a hedge fund will do?

OneEyeCharlie said...

Does Louis Vuitton make a trunk sized solely for US currency? Sounds like that could be a top seller.

Dammit, I'm a marketing genius. Copyrighted! No stealing, you avarice French bastards!

hollywood dime said...

Yeah, you can't deposit cash anymore without claiming how you received it. This is so ridiculous, I can't stop laughing. I hope she has security 24/7.
@nutty I would be TERRIFIED to walk around with so much money.

Sherry said...

I believe the gov'mt asks if it's over $10K. You can get by depositing $5000 here and there and while you would eventually draw attention may not get asked. What I heard anyway. Of course I'm never depositing large sums of cash.

hollywood dime said...

@ sherry It's new. Like as of a few weeks ago. I went to deposit $300 into my niece's account and the bank told me I could only do it if I was on the account with her. It used to be anything over 5k had to be reported. They say it's to prevent money laundering but it's really some big brother shit.

DAMD Tech said...

3 words, safe. deposit. boxes.

Paint Chips said...

She sounds bonkers. Hopefully the singer feels well rid of her and doesn't seek retribution. This could end really badly.

T. E. Cuz said...

wtf really? ugh.. i'd just claim that i'm a stripper and just glare at the teller until they finished the deposit.

free country, as long as you have all the mandated licenses and certifications.

Anna Belle said...

This does sound like Tran...the girl is an idiot, but Brown even bigger for being robbed by her

sandybrook said...

If this is Chris Brown good he deserves every bad thing that can ever happen to him.

hollywood dime said...

@ TE

There's paper work you have to fill out with the cash deposit that they send to the IRS. So even if in theory you were a stripper you have to claim the money. Strippers have to sign paperwork at their clubs claiming 'independent contractor' status, that also goes to the gov't. Still screwed.

LA girls with secret sugar daddies are FUCKED!!!

Topper Madison said...

I'm on board with the safe deposit box suggestion. Don't these people watch movies??

Count Jerkula said...

The only issue with banks is if she doesn't want to pay tax on it. If she don't care about the taxes, then she can go anywhere and deposit the money.

Cecilia00 said...

Safe deposit box?

.robert said...

Before hiding in a safe deposit box convert it into rare gold coins. You won't lose out to inflation then as you do with cash.

Eros said...

Easy fasheezy... Chris brown

jai96 said...

Is Chris still considered A list?

Marina Francisco said...

"David Howes said...

Unfortunately, for her, Banks are now required by law that you verify the money before they will accept a deposit."

WTF does THAT mean? "Hi, this is money. No really, it's money. I verify it."

Banks are required to report deposits of $10,000 or more to the IRS. So she deposits $9,999 at a time and she can put a million in the bank in 101 days.

Some banks will not allow you to deposit cash into a third party's account. Chase just implemented this rule. But that wouldn't be a problem in this case - she'd want to put it into her OWN account.

Or she could just rent a safety deposit box and put it in there - no bank account but she the money's safe.

Marina Francisco said...

https://en.wikipedia.org/wiki/Bank_Secrecy_Act

Not quite so easy to deposit $1MM all in the same bank account.

"... Multiple currency transactions must be treated as a single transaction if the financial institution has knowledge that: (a) they are conducted by or on behalf of the same person; and, (b) they result in cash received or disbursed by the financial institution of more than $10,000."

Safety deposit box definitely the way to go. Take out what you need, pay cash for as much as possible, open a few bank account around town and make small-ish infrequent cash deposits into them.

Of course any time you have money in a bank account you open yourself up to the IRS asking you what the source was.

Count Jerkula said...

On her second $9,999 deposit the bank would probably notify the IRS. $10k is a mandatory, but from what I've heard, anything over about $8,500 can be red flagged, especially if in multiple deposits.

Spitzer got nailed for wire transfers that were no where near $10k.

audrey said...

I am shocked that Chris Brown would have that much money lying around. He doesn't work much.

Crystal said...

i dont know why this made me laugh....

Jennmcn said...

Karrueche grab that cash! Put some in a a couple of different safe deposit boxes and park the rest offshore.

Mari (from her other mail acct.) said...

As to the bank asking, to quote my friend, depositing money to fix something in the townhouse she owns with her brother, asked how her brother got the money…
'How should I know?'
'Well, we have to write down…'
'Oh fine. I hate to brag, but he is very successful! He's a model for realistic dildos.'

That ended that!
I suggest this to the girl in question, add me to the Karrueche guesses.

LogDog said...

Fuck the banks. Maybe invest in bitcoin or something else outside of the central banking system.

No thanks to the chosen banks

Maureen said...

No. Bitcoin in is going down. It all got stolen and no one knows how. * wink.*