How do you get most of the prize money without getting into trouble with the law
You just won the Jackpot but.., you carry Islam in your IC
You just won the Jackpot but.., you carry Islam in your IC
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Jun 6 2025, 02:17 PM, updated 7 months ago
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#1
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310 posts Joined: Aug 2008 From: Jerusalem |
How do you get most of the prize money without getting into trouble with the law
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Jun 6 2025, 02:27 PM
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#2
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310 posts Joined: Aug 2008 From: Jerusalem |
QUOTE(knwong @ Jun 6 2025, 02:24 PM) Let say RM5 Million, just for discussion.That part is well known, the hard part is - how to get those money into your account without alerting LHDN or MACC - the non friend can fuck you up and keep the whole lot for himself |
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Jun 6 2025, 02:28 PM
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#3
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310 posts Joined: Aug 2008 From: Jerusalem |
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Jun 6 2025, 02:29 PM
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#4
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310 posts Joined: Aug 2008 From: Jerusalem |
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Jun 6 2025, 02:33 PM
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#5
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310 posts Joined: Aug 2008 From: Jerusalem |
QUOTE(empire @ Jun 6 2025, 02:29 PM) no one is going to be a sohai to take the risk with LHDN and collect on your behalf. do you know how messy it will get for him?? well, lottery win is now allowed? He can just say he bought the ticket. If they see no CCTV proof, worst come to worst, then just say he paid me to buy the ticket because busy work. So technically, he paid for it. I mean, it is already taxed/will be taxed right? |
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Jun 6 2025, 02:33 PM
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#6
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310 posts Joined: Aug 2008 From: Jerusalem |
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Jun 6 2025, 02:39 PM
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#7
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QUOTE(knwong @ Jun 6 2025, 02:32 PM) Gotta put on laundering money thinking hat dy Let say the amount is RM5 million. 2. Setup a business that accept lots of cash - like car wash or makan places 2. Generate invoice RM1000 per car washed or RM500 per plate sold My solution: - Hire a lawyer to draw up a deal between me and my non friend - pays my non friend the agreed amount, (10% - 50%) range - my non friend already have a company, he hires me - pay me a very good realistic monthly salary, with EPF and shit. (RM10-15k) - come in once a month or so, just to make it official. Then claim WFH most of the time - Ask friend to buy gold every month, give it to me for safekeeping. (RM10-20k) - Sell the gold if needed and keep receipt as proof - If authorities ask, non friend can show receipt and claim lost in gambling/theft - open a Ramly burger stall and buy a real stall and put it somewhere near house. Launder money. This post has been edited by seriosekitt3h: Jun 6 2025, 02:41 PM |
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Jun 6 2025, 02:40 PM
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#8
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310 posts Joined: Aug 2008 From: Jerusalem |
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Jun 6 2025, 02:47 PM
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#9
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QUOTE(9m2w @ Jun 6 2025, 02:42 PM) Assuming you non friend is honest and just take a small commisison you just stuck with problem 1 please doOff the bat after lunch thought exercise i can think of this but again requires someone to take a commission Sell of (a) family property(ies) above market value. LHDN will only query i think if its way below, they after ppl who want to skim on stamp duty. Above will they pay that much attention? Who knows maybe not Get a rich person to buy, you give him the cash to do so but he will of course take another commission So yeah i can think of this at the moment However if you really got 5 million you want to wash and willing to pay money for some good advice i could brainstorm one weekend for this shit with multiple options with associated risk. Give you a con-sultant style report my method is - friend go claim with lawyer agreement - purchase gold, transfer physically - work for non, T20 salary with EPF. Claim WFH - Launder money via nasi lemak/burger stall (easy setup). Stall never open but physically exists. |
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Jun 6 2025, 02:48 PM
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#10
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QUOTE(uk9089 @ Jun 6 2025, 02:44 PM) Gambling is Haram but not guilty under Malaysia Law i think. You still can collect they prize even you are muslim. Just that Islam will look you down lo like how muslim girl without tudung people look down. small RM2000 winning no one bats an eye,Jackpot is different level bro Toto can refuse you from claiming because it is against their T&C |
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Jun 6 2025, 02:49 PM
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#11
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310 posts Joined: Aug 2008 From: Jerusalem |
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Jun 6 2025, 02:51 PM
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#12
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QUOTE(cakoilembutgebu @ Jun 6 2025, 02:45 PM) Get non friend to get the prize money. Ask them to convert cash to physical gold. Pay non a 5-10% fee of total winnings but then how do i spend the money without alerting LHDN.I already have T20 annual income that is taxed (no monthly salary), from tenders and projects |
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Jun 6 2025, 02:54 PM
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#13
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310 posts Joined: Aug 2008 From: Jerusalem |
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Jun 6 2025, 02:56 PM
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#14
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310 posts Joined: Aug 2008 From: Jerusalem |
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Jun 6 2025, 02:58 PM
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#15
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QUOTE(9m2w @ Jun 6 2025, 02:49 PM) If you favour a pension style payout over a long period of time and again requires someone to take a commission Yeah, that was my planYou need a buddy with a company. Have him appoint yourself as a director or staff there. Draw a 20K or more salary but in actuality you are funelling him the money. Businessman no issue he can think of many ways to funnel in your cash as revenue. But for all the PCB and socso he has to pay he gonna take a big cut also we both have companies in the same field, we often hire each other for projects IRL |
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Jun 6 2025, 03:04 PM
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#16
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310 posts Joined: Aug 2008 From: Jerusalem |
QUOTE(Pubgamesrhard @ Jun 6 2025, 02:53 PM) Just FYI. Structuring fake employment is fraud. We hire each other IRL, both have companies in the same field. The most I've paid him is RM10k for a project Using gold to disguise income is traceable. Fake loss/gambling claims don’t hold up. Opening a stall to ‘launder’ the money is illegal. If you're serious and want a legally clean : 1) If you give him the winning ticket as a gift before it's redeemed, he become the legal winner. This is clean legally. he will claim it, pay taxes if any, and he can choose to “gift” you funds over time(monthly gifts). No contract required. Just goodwill and clean record-keeping. Tapi trusted ke? That is why I use a lawyer, to pen up agreement Pro: Safe, simple, and keeps both parties out of trouble. Con: You can’t legally demand anything from him later, unless a contract was made before the win is claimed. -He then gift you money from his own income (not as a condition, but out of goodwill). 2) Business Partnership (Real Work)- Set up a small legit business. He invest the lottery funds. You become a partner or employee, gets a salary or profit-sharing. This is a good one Pro: Legitimate income, EPF, receipts. Con: Requires real work or at least credible business activity. Lots of passive income business around like laundromat or vending machine 3) Family Loan Structure - Treat the money as a personal loan from him to you. Draft a simple loan agreement with a lawyer or commissioner for oaths. Monthly repayments or support can be labeled as “loan forgiveness.” Good one 4) Charitable Trust - If you are religious and doesn’t want to benefit personally, but also doesn’t want the money wasted: Set up a charitable trust (waqf) under his name or anonymously. Use the funds to help others while still honoring your win. Nope Pro: Clean paper trail, no “hidden salary.” Con: Still needs honesty and trust between both of you. Pubgamesrhard liked this post
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Jun 6 2025, 03:06 PM
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#17
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310 posts Joined: Aug 2008 From: Jerusalem |
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Jun 6 2025, 03:13 PM
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#18
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QUOTE(9m2w @ Jun 6 2025, 03:09 PM) Actually if my friend wins (and yeah a malay dude who is willing to approach me to redeem would be a close friend) i just say you settle whatever income tax i attract and belanja me makan. You keep it. Its your luck, not mine we can claim 4D easily here, no question askedMost nons i know share the same principle. When ppl win in gambling its their prerogative to give you something, its not an entitlement. End of they day its not like we belanja them makan or spend on them when they lose right? but Jackpot is different level. RM2200 VS RM 44,838,766.08 |
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Jun 6 2025, 05:22 PM
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#19
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QUOTE(9m2w @ Jun 6 2025, 03:23 PM) But got to be careful here exactly, ur rightBig ticket payables and receivables any decent non shoplot auditor will vouch and check supporting docs So the 5 million cannot be funneled one shot to the friends business. Over a period of time. And the invoices has to be spread out and not too big with some supporting paper work Patience is the key Serba kantoi because of what? Too big a sum to dubious ppl with little to no supporting docs that is why a slow payment of "salary" is the best method so far. RM15-20k for a month is good enough + current income |
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Jun 6 2025, 06:49 PM
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#20
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QUOTE(uk9089 @ Jun 6 2025, 02:44 PM) Gambling is Haram but not guilty under Malaysia Law i think. You still can collect they prize even you are muslim. Just that Islam will look you down lo like how muslim girl without tudung people look down. QUOTE(geelim77 @ Jun 6 2025, 02:56 PM) anyone actually go to HQ and ask before bout tis ?......can a Muslim claim prize money?......are they obligated to lipot you to the authority? QUOTE(iamSUSUman @ Jun 6 2025, 03:08 PM) first of all, i don't think there's any law stating you can't claim prize winnings if you're from certain religion. so in that case, if you have the ticket, feel free to claim the winnings. big winning they won't publish names (so don't worry about the name muhammed etc. appearing in the media/news etc.), unless you subscribe to those small lucky draws via apps, like massat chair then they will publish partial details. the 2nd question i guess you'll ask comes from the first point, which will be, proof of purchase. One might worry since you're not allowed to buy, therefore the concern of it being forfeited. here, you can concoct -usually they won't ask, and if they do.. (I DO NOT RECOMMEND, BUT JUST FOR DISCUSSION SAKE) reasons like... "one ahpek bang my motor, but he used his last RM100 to buy toto, so he give me the ticket instead of cash. Since it's minor damage, i accepted the compensation of tickets" hope it helps. reduce the risky variable like asking any nons to redeem winnings for you. please play responsibly, and consider doing some good deeds with the winnings. QUOTE(SiakapRM1000 @ Jun 6 2025, 06:01 PM) QUOTE(andrwss @ Jun 6 2025, 06:16 PM) ![]() This post has been edited by seriosekitt3h: Jun 6 2025, 06:50 PM |
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