I need ur help to make this Legal

J

JasTheLuckyBoy

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Hey Guys,

i am working with a guy who is using stealth paypal and cannot withdraw $$$ from his paypal because PP is not allowed in his country, so he send $$$ to my Paypal, i transfer the money to my bank and then send him $$$ through Western Union or MoneyGram...

i have done only few transactions, and i have been told that its risky / illegal and might considered as money laundering or smurfing...

i want suggestions and solutions to make this legal, like some other ways to accept money from him which deducts VAT from it or something like that?

i was thinking to let him post project on freelancer, hire me, and i get payment through freelancer which makes it legal, but i dnt know freelancer deducts VAT on earnings or not?

so, guys plz suggest me, how should i do this in a legal way?

Thanks :)
 
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Based on the fact that he's paying you from another PayPal - is making you safe, the problem will come only if he's using some "tricks" like stolen accounts or stolen CC to put $$$ into his account, then PayPal will follow up the trace of the money and will ban/suspend your account as well.
Regarding the rest - to introduce a 3rd entity in this role is useless because the transactions are legit and registered. If you origin country will "understand" that you're having + incomes that you don't declare may ask PayPal to give them your transactions and to request the payments of the normal interest for your incomes.
 
i am in UK, and i have been told by a solicitor as well, that by going this way, u will get in trouble, it might be considered as money laundering, because when they investigates and ask u where this money is coming from or how u r earning?, u dnt have proofs to give them answers, also u'r not paying VAT / TAX on it thats y its illegal...

so, i want to do that in such a way, that when i receive it, the VAT / TAX is deducted from it, only that way it will be legal... or any other solution?
 
As far as I know, PayPal forbids any such exchange via their ToS, but you may want to check it, as their terms might have been updated since I last looked.
 
paypal may forbid, but banks don't, i have read that when suddenly u start getting money in ur bank account on daily / weekly basis, they find it suspicious and reports to VAT / TAX department and then they investigate about it
 
You could set up a little shop and sell him some sort of "digital product" or "service" and him pay by PayPal (obviously it is for nothing really) and then you have the money. You could then buy something off him the same way but pay with Western Union or MoneyGram, then you have records.
 
Hi, don't mean to be that guy but.... basically you're asking how to launder that money....
 
If it is a legit business why not get the payments directly to"your" paypal from his customers, then send the money to him via whatever.

But I must admit it sounds shady and I would not touch it unless I knew every detail about how the guy is getting this money.
 
JasTheLuckyBoy said:
i have done only few transactions, and i have been told that its risky / illegal and might considered as money laundering or smurfing..
Click to expand...
If you're in the US, it's okay. The money laundering office is closed. Launder away. JUST KIDDING FBI THAT READS BHW.
 
OP, you are confusing me.
You say you want everything to be legal but everything you have said sounds like money laundering and YOU won't be able to find a loophole to make it legit.

Here are the legal definitions, read them and see if they fit your situation.
If they do, then STOP doing it or at least stop posting on a PUBLIC forum that links to your freelancer and fiverr identities.

http://www.cps.gov.uk/legal/p_to_r/proceeds_of_crime_money_laundering/#Principle
http://legal-dictionary.thefreedictionary.com/Money+Laundering
http://www.law.cornell.edu/wex/money_laundering
http://en.wikipedia.org/wiki/Money_laundering
http://www.laundryman.u-net.com/page5_mlstgs.html

If anybody would like to get into money laundering as a sideline or part-time hobby then please PM me your Skype ID and PP email.



That last sentence was a j/k, obviously.
 
W130SN said:
If anybody would like to get into money laundering as a sideline or part-time hobby then please PM me your Skype ID and PP email.



That last sentence was a j/k, obviously.
Click to expand...

I am hysterical laughing right now. LOL
 
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