Prostitution is not illegal in Canada. Communicating for the purpose of is, and incalls can be a problem due to bawdy house laws. So if questions are raised about large bank deposits, an SP could quite simply say "I'm a prostitute" with no fear of the consequences.
Money
- Thread starter drlove
- Start date
sweet guy
Banned
Sukdeep said:
The discretionary policy of documenting transaction is applicable to the big six banks, $5000 and over.
Plus, if the bank staffs have any reason to be suspicious, such as deposit amount sightly less than $5000 in cash and ask for money order or bank draft within a week, deposit the same or similar amount to different branches within 24 hours and hell you are working in some occupations such as used car dealership and restaurants, the bank staffs can filled in a form detailing the transactions and report to the HQ without hitting $5000 benchmark.
So, if the lady who is quite attractive, not having any specific job/update on her new account form, and yet depositing 4 figures or above like clockwork, that will raise suspicion for sure.
And, no offense, some particular groups are under more scrutiny. When it comes to money laundering, there's no PC.
BTW, I believe SP depositing money should not be any problems as long as she is not stupid enough to raise the alarm. Nowadays the banks, RCMP and CSIS focus more making money kosher from organized gangs, outstanding warrants from embezzlement of state money, nacrotics, known terrorists groups or a combination of both.
The money earned from prostitution is not the top of the list unless there are evidences that the money from the prostitution is part of the money laundering and gain from organized crimes.
sweet guy
Banned
nautilus said:
You would not be asked any questions but it's pretty sure that given the situation, any prudence bank managers will fill in discretion report to such transactions. Chances are after the Banks risk dept. takes a look, they will transfer the infos to the Revenue Canada, RCMP and immigration Canada for further investigations.
And like any investigation, they will never let their suspects to know they are under investigation. The investigation will remain outstanding until they are satisfied and can't trace any evidence of money laundering.
The only constraints will be the manpower such as non-white staffs who are more than just bilinguals and the lack of imaginations of the auditors and investigators.
sweet guy
Banned
The Doctor said:
Sounds like the KGB entrapment
"Swallow"- the female Russian Spy or EE SP.
"Rich uncle"- the KGB case officer.
And if any SPs answer this, I will probe even more and wonder why this "rich uncle" is so generous to her only. That will definitely trigger an alarm for sure.
As someone said, prostitution is not illegal. The issue here of course is TAX.
Most escorts in Canada are criminals--no, not because of the sex, but because, like Al Capone, they're guilty of tax evasion.
It really wouldn't be hard for the police to build a tax evasion case against pretty much any escort. I don't know why some flat foot bucking for promotion hasn't hit on the idea yet. You can hide a little cash, but even if you put it under your bed, you really can't hide all THAT much cash.
I would strongly advise any escort reading this to fess up and start paying tax on her earnings. Or at least some of it. If you insist on committing tax evasion at least have the common sense to declare a reasonable fraction of your income so that it's hard to make a case against you.
Also, the merits of declaring something is that you will establish a credit history. If you ever need to get a mortgage, that will be useful.
Most escorts in Canada are criminals--no, not because of the sex, but because, like Al Capone, they're guilty of tax evasion.
It really wouldn't be hard for the police to build a tax evasion case against pretty much any escort. I don't know why some flat foot bucking for promotion hasn't hit on the idea yet. You can hide a little cash, but even if you put it under your bed, you really can't hide all THAT much cash.
I would strongly advise any escort reading this to fess up and start paying tax on her earnings. Or at least some of it. If you insist on committing tax evasion at least have the common sense to declare a reasonable fraction of your income so that it's hard to make a case against you.
Also, the merits of declaring something is that you will establish a credit history. If you ever need to get a mortgage, that will be useful.
sweet guy
Banned
Re: C'mon now.....
Any SPs who save the money may not be millionaires but they are damn sure the money they earn are higher than those working at the office 9 to 5, in managerial grade that is.
There are NO difference between the SP/MPA and their "civilian" counterparts when it comes to overspending and highly leveraged. You don't have to learn how to blow the money and you don't have to be working as a pro to afford to blow the money that much!
Maybe not your average, "friendly" SPs/MPAs but I won't be surprised for upscale SPs who charge the donations starting $300/hr.
abbccd said:
Any SPs who save the money may not be millionaires but they are damn sure the money they earn are higher than those working at the office 9 to 5, in managerial grade that is.
There are NO difference between the SP/MPA and their "civilian" counterparts when it comes to overspending and highly leveraged. You don't have to learn how to blow the money and you don't have to be working as a pro to afford to blow the money that much!
Maybe not your average, "friendly" SPs/MPAs but I won't be surprised for upscale SPs who charge the donations starting $300/hr.
sweet guy
Banned
gala said:
Many SPs are smarter than that, gala. In fact you may be mistaken that they are more "law abiding" citizens than anybody else. The last thing they want is unwanted attention from the authority.
BTW, if the IRS in the United States are any guide, there are basically two situations where the Tax regimes will be cranking hard to get tough on tax evasion.
1) The three levels of governments are running "twin deficits" similar to the United States and they are desperate to get more money. The last thing they need is tax increase and the politicans don't like that!
2) The Tax agency usually spends more time to play "cat and mouse" with the big corporations when it comes to taxes. Tax agency focuses more on the big corporations because the corporations pay more taxes but they can afford to hire the Big Four to establish Tax shelters and expensive Tax attornies to beat the agency own games. Plus they can afford to use their influence to lobby the politicans to restrain the power of the tax agency.
So, unless the SP in questions is stupid enough not to "cover their tracks", there are high possibilities that the tax agencies will use her as an example to show how "effecitive" they are to combat tax evasion.
sweet, the CRA has a nice page where they show off recent convictions they've won against tax evaders. not exactly all big corporations:
http://www.cra-arc.gc.ca/newsroom/prosecutions/on/menu-e.html
So the good news is mostly they're just fines, but you'll note they're mostly not corporations--quite a few small businesses listed there. They do play cat-and-mouse games with the big corps., but those are generally not cases of *evasion*, that game is more about closing this and that loophole, or forcing someone to restate their earnings.
It's only evasion if you actually outright lie. The big corps. are smarter than that: they put the truth in the fine print so that, technically, they haven't lied.
Well, every now and then they DO lie.. enron... etc... but it's rare.
http://www.cra-arc.gc.ca/newsroom/prosecutions/on/menu-e.html
So the good news is mostly they're just fines, but you'll note they're mostly not corporations--quite a few small businesses listed there. They do play cat-and-mouse games with the big corps., but those are generally not cases of *evasion*, that game is more about closing this and that loophole, or forcing someone to restate their earnings.
It's only evasion if you actually outright lie. The big corps. are smarter than that: they put the truth in the fine print so that, technically, they haven't lied.
Well, every now and then they DO lie.. enron... etc... but it's rare.
sweet guy
Banned
gala said:
You can argue evasion cases are not applicable to every situation but you and I know very well when it comes to the game of "cat and mouse" between the Tax regime and the big corporations, it's all about the duel of wit and the money both sides are going to spend on.
The only thing that is true for those covicted tax cheaters is they are just plain dumb and they believe they can get away with that by taking chances.
sweet guy
Banned
trek5 said:
The electronic transactions make the "screening" easier in a way. The system are set up so that they will report any "alarm" without you knowing that.
When you try money laundering at the wicket, you are taking the chance that the teller or personal banker is dumb enough not having you signing in the declaration form and you can refuse to deposit if you feel offended. There's no turning back when you deposit on line.
Plus, the record of transaction is in real-time. There is no argument or dispute of the time and details on the transaction.
