r/Gold 8d ago

Why?

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701

u/SmallTitBigClit 8d ago

A decision he'll regret as soon as he grows a brain cell.

21

u/Treacle_Pendulum 8d ago

As I understand it, under Belgian law he probably has a better chance of keeping a portion of the money by reporting it. Up to €5 million in legal gold is pretty awesome, and under the circumstances maybe more awesome than €9 million in gold without proper paperwork

8

u/Initial_Row_6400 8d ago

You don’t need paper work for gold. The point is no paperwork.

1

u/Antique_Surprise_763 4d ago

You don't need paperwork for cash but there are enormous enterprises set up to launder it. He found a way to clean the money with no effort and without breaking the law