BAD: Getting robbed at gunpoint as they leave the bank with cash

This is a discussion on BAD: Getting robbed at gunpoint as they leave the bank with cash within the In the News: The Good, the Bad and the Ugly forums, part of the The Back Porch category; Sad article that backs up what Fer Fal says in his blog " Thoughts on Urban Survival " (which is a MUST-READ). "BUENOS AIRES, Argentina ...

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Thread: BAD: Getting robbed at gunpoint as they leave the bank with cash

  1. #1
    Member Array dtox's Avatar
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    BAD: Getting robbed at gunpoint as they leave the bank with cash

    Sad article that backs up what Fer Fal says in his blog "Thoughts on Urban Survival" (which is a MUST-READ).

    "BUENOS AIRES, Argentina The "marker" lurks inside the bank, looking for people pulling large amounts of cash from a safe deposit box or bank account. The gunmen linger outside, usually on motorcyles, waiting to make their move.

    For people like Carolina Piparo, eight months pregnant and carrying a purse full of cash for a down payment on her first home, gangs like these are an unavoidable risk in today's Argentina, where the underground cash economy is fueling a frightening new crime wave.

    The July 29 attack that left Piparo comatose and killed her child added to a toll of thousands of crime victims 4,998 reported "withdrawal robberies" in the first half of this year alone, according to Louis Vicat, a security consultant who keeps track privately because the government hasn't published detailed crime statistics since 2007.

    Many victims don't even report being robbed, because they wouldn't be able to explain to tax agents where they got the money, says Vicat, who retired as deputy internal affairs chief of the Buenos Aires provincial police.

    And yet cash on the table is simply the only way to do business even when buying homes or entire companies for many people in Argentina.

    Transferring such money electronically would solve the problem in an instant. But in a society where income tax evasion runs about 50 percent and taxes eat up 65 percent of the money people do declare, many people are reluctant to use banks that way. Even people who want to pay all their taxes have a hard time complying, because there's always someone demanding to hide all or part of the transaction by paying in cash preferably U.S. dollars."


    For more, click here:
    http://news.yahoo.com/s/ap/lt_argent...JnZW50aW5lc3Jp

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    VIP Member Array dukalmighty's Avatar
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    I guess if you wanta break the law,even tax laws there are consequences,Another Country I have no desire to visit
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    VIP Member Array Janq's Avatar
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    Quote Originally Posted by dukalmighty View Post
    I guess if you wanta break the law,even tax laws there are consequences,Another Country I have no desire to visit
    Exactly what I was thinking.

    This is not a case of person leaves bank ATM with $100 or so in hand.
    These people are walking around with thousands and more dollars upon their person (Mistake #1) in a country that is economically depressed (Mistake #2), and without guards/security (Mistake #3). All being as in direct relation to and support of criminal effort and enterprise.
    Not to say the lady deserved to lose her baby and get got; But she knew the risks and hadn't been born the day before.

    - Janq
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    VIP Member Array ctsketch's Avatar
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    very sad...
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    Senior Member Array hayzor's Avatar
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    Quote Originally Posted by dtox View Post
    And yet cash on the table is simply the only way to do business — even when buying homes or entire companies — for many people in Argentina.

    Transferring such money electronically would solve the problem in an instant. But in a society where income tax evasion runs about 50 percent and taxes eat up 65 percent of the money people do declare, many people are reluctant to use banks that way. Even people who want to pay all their taxes have a hard time complying, because there's always someone demanding to hide all or part of the transaction by paying in cash — preferably U.S. dollars."
    These are some of the consequences of government gone amuck. Taxing 65% forces people to go w/ cash transactions and the obvious risks associated with it.
    The world is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it. Albert Einstein

    "People in Arizona carry guns," said a Chandler police spokesman. "You better be careful about who you are picking on."

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    Member Array Nino Brown's Avatar
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    It is a sad state of affairs when you withdraw $10,000 or so for your home down payment and someone takes it. Then you can't or don't report it stolen to avoid dealing with tax agents.
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    VIP Member Array zacii's Avatar
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    Remind me not to go to Argentina.

    Their tax code, or the authors thereof, is also to blame for this murder.
    Trust in God and keep your powder dry

    "A heavily armed citizenry is not about overthrowing the government; it is about preventing the government from overthrowing liberty. A people stripped of their right of self defense is defenseless against their own government." -source

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