Not Illegal, But: 30 Unethical Financial 'Hacks' That People Say Won't Land You In Prison

Become a televangelist and get poor people to send you money to buy a mansion and a private jet because that’s what God wants.

I saw a poster in the ladies room at the KOA in Santa Fe, NM that said:
“The best way to double your money is to fold it in half and put it back in your pocket.”

Become a politician and accept monetary gifts in exchange for favorable legislation

Make a profile of a hot woman saying you want a sperm donor, but it has to be done 'the old fashioned way', and the person has to have specific ancestry and no genetic issues.

To prove this, the donor will have to submit a genetic test, and link to 23andme. The link will be, of course, your referral link that gets you 20 bucks per person you refer.

I know a guy who took out a bunch of loans to attend dental school.

He graduated, became a dentist, and applied for a bunch of credit cards. Used the cards to pay off the loans.

Used the unmanageable credit to apply for bankruptcy, and had the debts mostly cleared.

Then he had seven years of bankruptcy on his credit report, rather than decades worth of loan payments.

When I park at the airport, paying for the lost ticket is cheaper than 3+ days of parking. So if I’m there for longer than 3 days, I just say I lost the ticket and pay the fixed price

My wife’s mom goes to the Dollar Store and buys hundreds of books for 1$ then she sells them all on Amazon for $15-$20 a book.

*First of all, you and me start working at the bank. Doesn't matter the position, okay? Just so long as we get in there, right? Then we just go there every day, do the work, gain their trust until we get them in the palm of our hand. All right?*

*So how we get the money?*

*That's the beauty of it, bro. They deposit the money into our bank accounts. Week after week, month after month. They're not even going to know they being robbed. And then 20 or 30 years later, we walk out the front door like nothing even happened.*

Set up a church and become a god fearing pastor with several tax free vacation homes. 

The betting apps have sign on bonuses. Something like bet $5 and receive $150 in bonus bets. Bet your $5, then put half of the $150 on one team, half on the other. That's a free $75 for ya.

Not unethical at all since they are offering it, but figured people should know.

If you're expecting to pay Uncle Sam a large sum of money come tax season, find an Appraiser who is willing to appraise a really cheap painting for you and have them value it at $10-$80k then donate that painting to a non-profit. You're welcome. (It's a well-known thing that rich bastards do to avoid paying back taxes).

If you've got a decent bit of land, find out what your state's requirements are for agricultural tax exemption. Significant drop in property taxes. Friend keeps six cows because that's one of the things that qualify you. She's bought the hundreds of acres and built a barn that cost more than my house to keep her horses (expensive hobby yes; but not, per that states law, agricultural use). As adding six cows turned the whole operation into agriculture and saved loads each year on property taxes. Another friend sells about $2750 in nursery stock from her greenhouse. 2500 a year is the requirement in her state.

It's not illegal. Slightly unethical because the point of the program is to help out farmers. Doing the bare minimum to qualify to save on property taxes is obviously not what they meant.

Hire other people to make stuff and provide services for you and pay them less than they make for you.

Invest in weapons companies and profit off of the death of people all across the world.

Collect the pennies from a wishing well.

If you want to keep that money, all of it, just give it to your wife.

See, the IRS allows you a one-time-only gift to your spouse.

It’s good up to $60,000… tax-free. IRS can’t touch one cent.

Become a senator, learn when to buy or sell, vote down any bill to block such behavior, repeat.

Hear me out guys, AI generated feet pics.

If you work from home, run an LLC and write off everything imaginable. A quarter of your home is your office. Write it off. Lunch out? But it on the business card. Anything you buy that's tech-related. I've even known people who write off vacations, with the idea that if they got audited they'd just say they were meeting a potential business partner.

Become a politician and tell your family members (e.g. husband) to trade stocks that you have info on.

I know this software that takes the fraction of a penny leftover from each transaction, and there are millions a day, and puts it in your bank accounts.

It's very complicated. It's uh it's aggregate, so I'm talking about fractions of a penny here. And over time they add up.

It’s like the take a penny tray.

I'm just talking about fractions of a penny here. But we do it from a much bigger tray and we do it a couple a million times.

Like to travel? Become a part time travel agent. Travel becomes a write off. You’re going to travel anyway, might as well get some help. So what if your business doesn’t make you money, you’re writing off travel that you were going to take anyway. You’re going to need a new camera and a pc of course. There’s no crime in being a bad business man. Just don’t do it for too long. Sooner or later the taxman will be looking at you asking questions. 3-5 years then wrap it up. A few years later you can start something new.