Can You Open A Bank Account For Someone Else
Are you opening a checking account in your name so that other people can use / deposit NDS? 3
A family member asked me to open a checking account in his name and allow him to deposit his salary there. They also want me to give them a debit card for this account. I do not intend to do so, but I would like a specific argument as to why I could not do it. Does anyone know if this is a banking regulation or is it responding? Can you deposit your salary in an account that does not include your name? I'm sure my family told me to do this because they wanted to sue him and hide the consequences. If they are prosecuted, will their wages not be confiscated instead of their bank accounts confiscated?
Interesting question that makes you wonder what your family members are doing, right?
It looks like the nanny is cooking.
No, the bank will not allow anyone to deposit your check directly into your account, unless it is an account. Banks are very strict these days regarding all these scams. Just tell someone in the family that I apologize for helping you, but your bank, and most banks, will not allow anyone to fund anything other than an account.
We know what business can bring. But no matter where your results are, the court will only refer to your w2 or salary. If they have limited jobs, their wages will still be reported to the IRS. Lying in court is a bad idea. If you want to hide the money, you can cash the check and hide the money under your mattress or in a safe.
It is good that you use your instincts. If you can't smell anything, run!
Hello, this is my first visit here. I got this question and the answer was very helpful. I did this to give back to the community and to help others.
This is known as money laundering and you can get jail time. It doesn't matter if they collect an overdraft fee or damage your credit.
It depends a lot. That is, when you are connected to someone. Suffice it to say that his name is Bob and he is not.
