2 minute challenge cash gifting

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Uploaded by on Apr 4, 2011

I talk about how cash gifting scams work.

Cash gifting is ILLEGAL, and people only think it is legal because of some legal trickery, but this is only to try to fool people into believing it is legal, by terming these "investments" as "gifts".

ALSO: It has been noted that a lot of people have been posting spam in this video. Be warned, that the people who are trying to sell schemes and software for online marketing are also frauds, looking for people who want easy money.

  • likes, 8 dislikes

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Uploader Comments (dangerouslytalented)

  • new laws say that cash gifting in large amounts as a form of tax dodge for the purpose of income or expetation of return is illegal , but the only way that a person can be caught out is if the person that asked the gift from whistle blows or files against them by either court or county tax authority , in the irs they set up an amount of $12000 per year of gifting and any larger amounts has to be declared using form 709 gifting tax exception form ,

  • @jmm1233 ... but not in the form of these schemes, which are against both the spirit and the letter of the law.

  • Request for 2 minute challenge: Ring Species

  • @nephthysuk I will have to write that down for next season.

  • LOL. All you losers moaning about "CASH GIFTING" being a scam don't belong in the entrepreneur circle. Only winners participate in cash gifting so swallow that. My son and I made $1.7 million in less then 2 years and only had a few complaints because the brain dead people didn't do a freaking thing to work their activity. FedEx is my best friend! Quit babbling and moaning and go work for McDonald's the rest of your sad life, I'll stick with "Cash Gifting" baby:->

  • @tpoulton44 No, you haven't.

Top Comments

  • @worthmenpress Do you know how ridiculous your Universal Law of Sowing and Reaping sounds?

    I have a saying for you: "Give unto conmen and you will be fucked over"

  • Not sure how it works in whatever magical green and orange land you're in, but in the U.S., cash gifting does not "get around" any laws, and is explicitly illegal. But saying "you are as gullible as your victims" really nails it.

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All Comments (84)

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  • what I don't get is how it doesn't make sense :D (sarcasm implied)

  • OMFG A GINGER

  • @dangerouslytalented . It's people with your mentality that kill other peoples dreams partner. You are assuming I am blowing smoke and you are so clueless. Assumptions are based on your thoughts and knowledge and you don't know me or my son so how can you even say We haven't? You are wrong and I feel sorry for individuals like you because you'll never get to realize your dreams. Sorry, I have to go, the FedEx man is beeping.

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