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Tom B.
Tom B., Barrister & Solicitor
Category: Canada Law
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Experience:  25 years in practice
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If a large amount of investment money i.e. $ 10 000 000.--

Customer Question

If a large amount of investment money i.e. $ 10 000 000.-- comes into Canada via wire transfer,
what are the obligations of the investor and the receiver of this money to be sure everything is legal ?
Submitted: 1 year ago.
Category: Canada Law
Expert:  Ulysses101 replied 1 year ago.

Hello Willi, thank you for the question. I normally don't take questions with a $7 payout, when I saw yours I instantly thought that you might be the victim of fraud here, so I want to help.

Can you tell me more about this transfer? Is it literally 8-figures? It's unusual to transfer a sum that large by a "wire transfer".

Expert:  Ulysses101 replied 1 year ago.

Willi, I'm concerned that you might be involved in a scam here. Get back to me?

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