Need help finding someone, BIG REWARD

[Extrememustang]

Ok, A while back in 99 me and a army budy of mine did some jobs and made some cash. We stuck $250,000. in a bank account. Now the rules were we opened the account but BOTH of us had to be there to collect on the money. ONLY way the other could collect without the co person there is if he had a death cert .and some other docs. The other rule was we set it up so no one could touch it until such and such date 5 yrs later. Ok it has been more then 5 yrs and I KNOW the intrest has had to make a big impact on this account and im ready to collect. I have tried to find this person. We kept in contact over the years but life got in the way and I've moved and changed numbers and I never knew what country he would be in because of the military. I dont know if he is even still alive. I have done people search and paid websites to find this person. I have gotten a few results and tried the #s but no luck. Im getting frustrated because Im 26 and ready to retire. The account is not in the US also, so its not like I can just go down the nearest wachovia and check on it.

[Wurm]

wtf

[Wurm]

you better go call matlock or something man

IA isnt a detective site lirl

[quickdodge®]

Goddamn it sure sucks to think about having to work past 26, doesn't it? Fairy. Later, QD.

[Extrememustang]

Lol, but if u had the chance to retire wouldnt u?

[quickdodge®]

Lol, but if u had the chance to retire wouldnt u?

Don't get me wrong, but yes I would. But you gotta be kdding yourself, along with me, if you think you can retire at 26 with $125,000. And even adding the interest, you still would not be near retirement income level. Later, QD.

[speedminded]

Don't get me wrong, but yes I would. But you gotta be kdding yourself, along with me, if you think you can retire at 26 with $125,000. And even adding the interest, you still would not be near retirement income level. Later, QD.

It's probably closer to $375-500k each by now...before taxes.

[Jkuao]

Don't get me wrong, but yes I would. But you gotta be kdding yourself, along with me, if you think you can retire at 26 with $125,000. And even adding the interest, you still would not be near retirement income level. Later, QD.

Yep at his age he need a million easily to actually be able to retire and do nothing. Even if the account hits 1 million and he gets 500k free and clear somehow. He would have to reinvest the money here to have access to it. If he's got good investments he'll see 8-9% w/o risking much of the base 500k. That gives him 45k per year income pretax. Gov't will take roughly 20% of that leaving 36k cash. Not a retirement unless he doesn't plan on owning a home and only spending maybe 25-30k of that leaving some for reinvestment to cover inflation.

9% returns is pretty generous. You could get more from the stock market but there would be years where you would have zero income and you can't sell stock every month to pay rent or a mortgage.

There's also the problem of getting that money into an account. IRS will definitely come knocking if you make a regular avg income and suddenly add several hundred grand to an account.

[gobraves00]

no one can find him neither if you dont post any info on the person

[Bruce Leroy]

you better hire a P.I.

[GIXXERDK]

you better hire a P.I.

+1 If I find him, what my reward?

[Blitanicle99]

You cant look him up with his name through the military? I could have sword you can do that these days.

[Extrememustang]

I tried, but they wouldn't tell me anything. Maybe I should keep waiting to let the amount gain more and more intrest.I will find him one day.

[imbosile]

so how do you expect us to find him for you if you havn't given us a name or any information?

If I had 250,000 dollars in an account with someone under the agreement that you made, I would be making sure I knew where they were at all times.

[thepolecat]

so how do you expect us to find him for you if you havn't given us a name or any information?

If I had 250,000 dollars in an account with someone under the agreement that you made, I would be making sure I knew where they were at all times.

exactly what I was thinking- whats that i smell, could it be a steaming pile of bullshit?

[rickgiblin]

whats the guys name??? mayeb i can help, and whats the payout for finding this guy... im in need of cash

[Extrememustang]

5% of my half of the total amount. What I was asking do you guys know of a service or something like that. Something that I havent tried and the account isnt at 250k now, I checked 2 years ago and it was more the double that.

[Brett]

I checked 2 years ago and it was more the double that.

Oh so you dont check it for years at a time? Oh yeah... This sounds like a true story. Anyone with a brain would be checking that account OFTEN, not once every 2 years

[Blitanicle99]

But why lie about that kind of thing? Who on IA is really going to buy that?

[Lucky DAWG]

i'll try and help if ur for real

would i personally have to find the guy or just reference u to a detective who could?
i could use 6000 bucks

[Jkuao]

Given that you haven't reported taxes on that don't be surprised if the gov't doesn't come looking for you. Given back taxes and interest accrued, you'll probably lose at least 100-150k of the interest. Also, if it doubled and then some in 6 years...it was paying ~13% interest compounded annually which sounds fishy.

Even if the account is running 13% interest, how are you going to retire on 250-300k which should be your share. If you're 26, your life expectancy is at least 70 putting you at 44 years of retirement conservatively given modern medicine. If you can somehow keep that 13% interest flowing on 250k, w/o tapping into the principle, you will see 30k a year pre-tax which is a poor lifestyle and that won't increase w/ inflation. By the end, your 30k annually will be worth something like $4,800 of today's dollars if you follow historical inflation. If you blow it all, you're looking at 5-6 years max before you have to work again. Not trying to kill your excitement but I'd work another 10 years which would put that account at a nice round 2 million once again assuming this mythical 13% your claiming. That gives you a nice round million to work w/ and 80k per year if you put it into safe investments that yield 8% assuming the account you're in isn't liquid and at 13% I don't think it could be.

[Extrememustang]

I want to invest my part to make more $$$, ah you know what I dont care, just looking for advice, so nevermind.

[HalfBaked]

I'm going to PM you...

[ISAtlanta300]

Uhm... what?....

[ksinao]

um. what jobs pay 250k? because, i want in.

[gobraves00]

even if the account is not in the US like he said, he would still have to pay taxes?

[Jkuao]

even if the account is not in the US like he said, he would still have to pay taxes?

US Citizen = you have to pay income taxes...doesn't matter where you are in the world. You do get a 76k exemption though. Interest counts as regular income no matter what country the interest came from. Not reporting = tax evasion.

[David88vert]

US Citizen = you have to pay income taxes...doesn't matter where you are in the world. You do get a 76k exemption though. Interest counts as regular income no matter what country the interest came from. Not reporting = tax evasion.

Unless you are a contractor for the US Government working for them overseas, then it is exempt.....

[Jkuao]

Unless you are a contractor for the US Government working for them overseas, then it is exempt.....

Very true but the interest income from the account isn't exempt. Only way he'll get the money into the country w/o taxes is in suitcases and inattentive airport security.

[David88vert]

Very true but the interest income from the account isn't exempt. Only way he'll get the money into the country w/o taxes is in suitcases and inattentive airport security.

The government directly deposits into his account here. There is no bringing the money back into the country. It never leaves. Of course interest is not excempt, that a seperate investment from which you are getting a return.

[speedminded]

What's his name and age...

[GIXXERDK]

Maybe hes waiting until you die?

[Extrememustang]

So if I have a bank account lets say at wachovia and I deposit my work check in there. Now the govt. already took taxes out on that check. Anyways I let it sit iin a savings acct and it gains some intrest I have to pay taxes on that? That sux! Ok I sent out a few pms of last place we saw each other and name.

[speedminded]

So if I have a bank account lets say at wachovia and I deposit my work check in there. Now the govt. already took taxes out on that check. Anyways I let it sit iin a savings acct and it gains some intrest I have to pay taxes on that? That sux! Ok I sent out a few pms of last place we saw each other and name.

yeah, no shit...it's like you get penalized for saving up. Banks charge you if you use your savings too much (more than the allowed withdrawals in a given time period) and the gov't charges you taxes on the interest you make in it...everybody gets a cut of your money. That's when tax shelter's, organizations, and donations come in handy...

But on the other hand, if it's in a bank it is in a safe place (up to $100,000 each account anyways) and by the end of the year you'll still always have more than you started with. It's still usually alot better than a jar buried in the back yard

[Extrememustang]

yeah, no shit...it's like you get penalized for saving up. Banks charge you if you use your savings too much (more than the allowed withdrawals in a given time period) and the gov't charges you taxes on the interest you make in it...everybody gets a cut of your money. That's when tax shelter's, organizations, and donations come in handy...

But on the other hand, if it's in a bank it is in a safe place (up to $100,000 each account anyways) and by the end of the year you'll still always have more than you started with. It's still usually alot better than a jar buried in the back yard

Lol

[Lucky DAWG]

So if I have a bank account lets say at wachovia and I deposit my work check in there. Now the govt. already took taxes out on that check. Anyways I let it sit iin a savings acct and it gains some intrest I have to pay taxes on that? That sux! Ok I sent out a few pms of last place we saw each other and name.

STILL waiting on a reply...

[2.3 Evo 8]

So while you were in the military in Iraq, you and your friend ramsacked Hussan's house and found american currency and now you want to collect it from the overseas account you were hiding it in, but your homey screwed you and is on a beach in Cancun. That about sum it up?

[{X}Echo419]

......

edited for space.

I have your solution!

call....... DOG! THE BOUNTY HUNTAAAAAARRRRRR!!!

not only will he find this guy, but he'll give him a life lesson after he kickes his ass!
problem solved

[Verik]

no comment on the thread but to answer a question previously asked, yes you would have to pay taxes on interest gained.

[Extrememustang]

Ok, I think I found who Im looking for. If so he is living back in new mexico, I contacted him and left som emessages. Hopefully i will get a yea its me or no Im not that guy, just need something.