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  • Another NFL genius strikes again!

    $50,000 stolen from Jets safety Ed Reed's car, report says



    Houston police are looking for the person who smashed out a window and stole a bag of cash from the front seat of a car belonging to Jets safety Ed Reed, Jennifer Bauer of Local 2 in Houston reports.

    Investigators told Local 2 the car belonged to Ed Reed, who spent part of last season with the Texans.

    Sources say the bag contained $50,000. Reed had gotten the money from a bank down the street and then stopped off at the Bank of America in the 12000 block of Westheimer near the Westpark Tollway.
    "Hey Giants, who's your Daddy?"

  • #2
    retards !!!!!
    We're looking for people that are fundamentally different,” vice president of player personnel Andy Weidl said Saturday night. “The love and passion for football, it's non-negotiable. They're caring, their character, they do the right thing persistently, and they have a relentless playing style that you can see on tape. The motor, it burns hot. You see them finishing plays. They have a team-first mentality. They're selfless individuals.

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    • #3
      LOL This is perhaps the dumbest thing a football player has ever done. He probably had it in a McDonald's bag.

      Or this:

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      • #4
        Originally posted by Eagle60 View Post
        Sources say the bag contained $50,000. Reed had gotten the money from a bank down the street and then stopped off at the Bank of America in the 12000 block of Westheimer near the Westpark Tollway.
        Why would Ed need $50,000 in CASH?

        Someone should tell him about the recent invention of checks or even debit cards. Is it possible that Ed was planning on buying something for which he would prefer not to leave a money trail?

        If that's the case, it might be less risky if he paid for his merchandise in goats or extra wives.

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        • #5
          moving 50k from one bank to the other using cash does not pass the smell test. It just doesn't.

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          • #6
            This is Darwin Award material.
            "Hey Giants, who's your Daddy?"

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            • #7
              Originally posted by Vet Turf View Post
              moving 50k from one bank to the other using cash does not pass the smell test. It just doesn't.

              I don't think he was moving it. I think he was actually going to take more money out of the Bank of America.

              so the question is: what does Ed Reed need with 100k in cash?

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              • #8
                Originally posted by sfphillyfan View Post
                I don't think he was moving it. I think he was actually going to take more money out of the Bank of America.

                so the question is: what does Ed Reed need with 100k in cash?
                Hookers

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                • #9
                  The $50,000 would have triggered a special transation from both banks. One to report it going and one to report it coming. I think the threshold is $10,000. This sounds more like ins fraud attempt than anything else. Like others have said, what retard moves that much cash?

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                  • #10
                    Originally posted by kyfred View Post
                    The $50,000 would have triggered a special transation from both banks. One to report it going and one to report it coming. I think the threshold is $10,000. This sounds more like ins fraud attempt than anything else. Like others have said, what retard moves that much cash?

                    Do you think Ed Reed has any clue about that 10k rule? I don't.

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                    • #11
                      Originally posted by kyfred View Post
                      The $50,000 would have triggered a special transation from both banks. One to report it going and one to report it coming. I think the threshold is $10,000. This sounds more like ins fraud attempt than anything else. Like others have said, what retard moves that much cash?
                      I think anything over 10,000 in cash gets reported, but there is no limit to how much you take out.
                      "Hey Giants, who's your Daddy?"

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                      • #12
                        10 k in and out i think remembering back to my banking days
                        You know Darren if you'd have told me 10 years ago that someday I was going to solve the world's energy problems I'd have said your crazy.... now lets drop this big ball of oil out the window.

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                        • #13
                          Originally posted by andrewaters View Post
                          10 k in and out i think remembering back to my banking days
                          I believe you AW. It just seems odd that you can't take out or put money into your own bank though. Of course, I took out about 10K in January of 2002 when I was in charge of our $100 square football pool and got blacklisted at the Fort Lauderdale airport 6 weeks later.
                          "Hey Giants, who's your Daddy?"

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                          • #14
                            There is not a limit, but at 10K, a special filing is required. I would thing though, that some branches may not have 50K readily available and this type of transation would reuire a notification period.

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                            • #15
                              I think part of the reasoning was to prohibit the laundering of drug money, or at leas be able to trace the transactions to led the law to the badguys.

                              Good law, how it pertains to Reed is unknown at this point, but chances are it wasn't something good. People usually deal in that kinda cash for under the board types of moves.

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