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I need ur help to make this Legal

Discussion in 'BlackHat Lounge' started by JasTheLuckyBoy, Oct 2, 2013.

  1. JasTheLuckyBoy

    JasTheLuckyBoy Registered Member

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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 :)
     
  2. RosuC

    RosuC Regular Member

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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.
     
  3. JasTheLuckyBoy

    JasTheLuckyBoy Registered Member

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    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?
     
  4. RMX

    RMX Power Member

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    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.
     
  5. JasTheLuckyBoy

    JasTheLuckyBoy Registered Member

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    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
     
  6. kidvypr

    kidvypr Newbie

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    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.
     
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  7. JasTheLuckyBoy

    JasTheLuckyBoy Registered Member

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    any more solution guys?
     
  8. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    Hi, don't mean to be that guy but.... basically you're asking how to launder that money....
     
  9. jdog37

    jdog37 Power Member

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    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.
     
  10. redrubies

    redrubies Supreme Member

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    If you're in the US, it's okay. The money laundering office is closed. Launder away. JUST KIDDING FBI THAT READS BHW.
     
  11. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

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    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.
     
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  12. redrubies

    redrubies Supreme Member

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    I am hysterical laughing right now. LOL
     
  13. larrydetuvi

    larrydetuvi Regular Member

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    This is called triangulation, a very old money laundring technique.