using paypal to launder money

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  • I Am The Walrus
    Confirmed User
    • Aug 2003
    • 1000

    #1

    using paypal to launder money

    is it possible if so how?
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  • detoxed
    vip member
    • Jan 2003
    • 17798

    #2
    could be. not high volume though

    Comment

    • shima
      Confirmed User
      • May 2003
      • 1753

      #3
      They don't work with IRS?

      Comment

      • Phoenix
        BACON BACON BACON
        • Nov 2002
        • 35475

        #4
        buy a bar
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        • ytcracker
          stc is the greatest
          • Dec 2002
          • 12403

          #5
          get out of the mafia
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          • Lazy Bob
            Registered User
            • Dec 2002
            • 37

            #6
            I'd rather just pay my taxes

            Still cheaper than a lawyer or jail time

            Comment

            • shima
              Confirmed User
              • May 2003
              • 1753

              #7
              Originally posted by Lazy Bob
              I'd rather just pay my taxes

              Still cheaper than a lawyer or jail time
              How much taxes overall do you pay in States?
              Cuz in Yurp we are talking about half of our income.

              Comment

              • jeroman
                So Fucking Banned
                • Oct 2002
                • 356

                #8
                hm, can't really see the different between a wire and paypal.

                Can you ?

                Comment

                • cash69
                  So Fucking Banned
                  • Oct 2002
                  • 1052

                  #9
                  why would you do that thru fucking paypal.. if you do a million your going to end up making paypal 100,000$ they tax so much money just to send money to 1 person

                  Comment

                  • gregtx
                    Confirmed User
                    • Jan 2002
                    • 1929

                    #10
                    Originally posted by shima


                    How much taxes overall do you pay in States?
                    Cuz in Yurp we are talking about half of our income.
                    up to 45% depending on what bracket you are in...

                    and could you could have state taxes on top of that...
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                    • BlueDesignStudios
                      Confirmed User
                      • Feb 2003
                      • 9492

                      #11
                      Originally posted by gregtx


                      up to 45% depending on what bracket you are in...

                      and could you could have state taxes on top of that...
                      Almost as bad as Australia's 48% income tax

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                      • queer
                        Confirmed User
                        • Apr 2003
                        • 671

                        #12
                        Cry baby
                        25% tax on all here
                        THEN up to 65% top income tax.
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                        • keyDet79
                          Confirmed User
                          • Feb 2003
                          • 1109

                          #13
                          Not possible unless you dump the cash to someone elses bank account. In which case this someone else will pay your tax, and you will have to pay him. Unless that person owes you offcourse, but that's the basics of money laundering and you can do it without Paypal in the middle anyway

                          We pay around 55% here by the way.

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                          Comment

                          • chowda
                            Confirmed User
                            • Jun 2003
                            • 9527

                            #14
                            i dont report what i make when it is sent to paypal... but if i made hella alot more, yeah i would. but now, 20-30-100bux means shit
                            Someone finds you...
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                            • Indeed
                              Confirmed User
                              • Oct 2002
                              • 1892

                              #15
                              Originally posted by Lazy Bob
                              I'd rather just pay my taxes

                              Still cheaper than a lawyer or jail time
                              exactly

                              Comment

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