On: Harvard scientist is arrested, accused of lying ab...

[angry_octet]

Amazing evidence that he knew it was illicit. Quite ironic too, considering how many Chinese are trying to get money out of China.

If he had started a company on the side (legal) then the Chinese could have bought it (legal) for a fortune. Lesson is, get legal advice!

[kaybe → angry_octet]

Have you tried getting money transfered internationally? At my level of understanding I can find many legit reasons for this course of action.

[angry_octet → kaybe]

He could have asked them to deposit it into his US bank account, it really isn't that hard to do a wire transfer. It doesn't make sense to pay $30 in fees when you are only sending $500, but for $50k its a blip.

For Chinese citizens it isn't easy, but for govt and institutions it is.

[cm2187 → angry_octet]

But pretty much every western bank sends all bank details of US nationals to the US, under the threat of heavy penalty.

[angry_octet → cm2187]

What is your point? That he is entitled to engage in tax avoidance?

[cm2187 → angry_octet]

That there is no point to open a bank account outside of China if he is trying to hide the money from the US.