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Should I Use My LLC To Accept Blackhat Payments?

Discussion in 'Business & Tax Advice' started by digitalpower, Dec 17, 2008.

  1. digitalpower

    digitalpower BANNED BANNED

    Dec 16, 2008
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    I have a legitimate LLC that I use for business. Should I use the PayPal Business account connected to the LLC for blackhat stuff or am I going to get in trouble somewhere down the line? I mean...if I'm e-whoring am I breaking US law? lol
  2. java

    java Guest

    Most ewhoring isn't against the law, but it depends on exactly what you are doing. How much of a problem would it be if your LLC Paypal was shut down?
  3. charles

    charles Junior Member

    Aug 11, 2008
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    Using your LLC to accept payments would be smart.

    It removes some liability so you're not held personally liable in case you're slapped with a lawsuit and they're suddenly trying to grab your assets.

    (Disclaimer: I am not a lawyer and this is my personal opinion.)
  4. innocent

    innocent Junior Member

    Dec 3, 2008
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    I echo the thoughts about using your LLC to take Paypal payments. Keep in mind, you could always get another PP account using your own information if you got the LLC account canned.