Where do full time escorts put their money?

[Jenesis]

The topic of how much $$ SPs make, what they spend it on. Or invest it on/in which ever what ever. Lol…who cares it’s their life and good for them if they are happy. Isn’t that all that matters?? Amazes me sometimes.

The topic of organized crime and terrorist is related and an entirely different beast.

very breif this one.

https://www.scotiabank.com/ca/en/personal/advice-plus/features/posts.what-is-cuckoo-smurfing.html#:~:text=Smurfing%20is%20a%20money%20laundering,amongst%20multiple%20transactors%20or%20accountholders

.

I’m sorry did you misquote me? I thought we already established the money/reporting thing and moved on to theft.

Nevermind - I figured it out. I didn’t quote SchlongConery who I was speaking to. So my post looks out of context. Fixed now.

 

[Not getting younger]

I’m sorry did you misquote me? I thought we already established the money/reporting thing and moved on to theft.

Nevermind - I figured it out. I didn’t quote SchlongConery who I was speaking to. So my post looks out of context. Fixed now.

Not at all.
again way oversimplified. How can I turn $100,000 of “dirty money” into clean money? By using SPs who take the money, to banks, a bunch of them….

How can I raise money for “terrorist friends”. By. Running an agency…I can then buy condos, which I can then sell. Same with stocks and bonds…

and the money is clean

And no, am not suggesting…..
Main point being. The public just has no real appreciation for just how much things have changed post 9/11

 

[Ceiling Cat]

QUOTE : Jenesis

Just pay for everything on your Credit Card and pay your Credit Card with Cash through the ATM. Banks don’t record the cash as a deposit like they do with a bank account. You are making a payment, not a deposit.

Spending locations are unlimited and no worries about having to much cash.
Exactly.

==================================================================================================

Any bank transaction you make can be accessed.

The government can access any of your transactions at any time, you come under scrutiny when you become a person of interest. You can not hide big items like property or a car, you can not travel in or out of the country without the government knowing about it. You leave a paper/electronic trail behind you as you go.

People that use to earn dirty money would buy a bar or restaurant so that they can declare their dirty money, but now with mandatory Point of Sales Machines it is much more difficult to cheat the government.

 

[Jenesis]

Not at all.
again way oversimplified. How can I turn $100,000 of “dirty money” into clean money? By using SPs who take the money, to banks, a bunch of them….

How can I raise money for “terrorist friends”. By. Running an agency…I can then buy condos, which I can then sell. Same with stocks and bonds…

and the money is clean

And no, am not suggesting…..
Main point being. The public just has no real appreciation for just how much things have changed post 9/11

Ok. I’m not a terrorist so…..

I don’t know what you are looking for from me. If it is an acknowledgment on your main point, I thought I did that.

I’m just confused at this line of posting or maybe I haven’t had enough coffee but I’m good on the topic of terrorist and money laundering. It is not something I do so I’m not that highly invested in it. Not being rude; just being honest.

 

[Jenesis]

QUOTE : Jenesis

Just pay for everything on your Credit Card and pay your Credit Card with Cash through the ATM. Banks don’t record the cash as a deposit like they do with a bank account. You are making a payment, not a deposit.

Spending locations are unlimited and no worries about having to much cash.
Exactly.

==================================================================================================

Any bank transaction you make can be accessed.

The government can access any of your transactions at any time, you come under scrutiny when you become a person of interest. You can not hide big items like property or a car, you can not travel in or out of the country without the government knowing about it. You leave a paper/electronic trail behind you as you go.

People that use to earn dirty money would buy a bar or restaurant so that they can declare their dirty money, but now with mandatory Point of Sales Machines it is much more difficult to cheat the government.

key word is CAN. I underlined it for you. But reality is, is rarely happens - if at all.

Just like all the guys seeing escorts or even communicating with one and getting rates/services can get you arrested but the chances are slim.

I just know this is what a lot of escorts do. I wasn’t the only one who said it. In fact someone said it before me. If you would like to continue the debate - please do it with him. I don’t do this so I don’t really care about how people get busted or not.

 

[Not getting younger]

Ok. I’m not a terrorist so…..

I don’t know what you are looking for from me. If it is an acknowledgment on your main point, I thought I did that.

I’m just confused at this line of posting or maybe I haven’t had enough coffee but I’m good on the topic of terrorist and money laundering. It is not something I do so I’m not that highly invested in it. Not being rude; just being honest.

I’m not. At all looking at you.we just happen to be on at the same time. Almost talking like normal human beings…

people, mostly “clients” have been speculating about a whole bunch of stuff. From what SPs make, to how they can spend their $$. Some think doing X is smart and will avoid detection. Some think it’s CRA trying to make sure Johnny Q isn’t stealing pocket change.

Uh uh….
And It’s about other things.

 

[Ceiling Cat]

key word is CAN. I underlined it for you. But reality is, is rarely happens - if at all.

When things do not add up, you become a person of interest.

I got a letter from the government to resubmit a section of my tax return last year. they specifically asked for certain information to corroborate my claims. They told me there was a mistake in the numbers. In the end they told me that I over stated my earnings and that they would be returning half the taxes I paid for the year ( for that section ). There is only so much you can clip off your taxes without revealing yourself. If you are making dirty money or under the table money you have to live way below your means to avoid the radar. So if they know I over paid, they would know if taxes were under paid.

As a person technically proficient in electronics I can tell you that it is possible for the government to know what type of cell telephone you have, iPhone and Android If it is 3G,4G or 5G capable. If you have internet service on your phone. If you e-mail them they know if it is an Mac or PC computer, the level of service you have for the computer and the age of the computer by model of chip. The government can know all this without a warrant. This information is merely an indication, but with this they can proceed on the matter or not. The government knows or can know more than you are aware of. If you claim to make little money but have the latest in electronic gadgets it looks suspicious.

Jenesis, was it you that tracked your own iPhone and got it back? What do you think the government can dig up on you.

 

[hard dick tony]

Just pick your favorite escort on any of the agency website and assume they're fully booked back to back every shift (they are not). Then multiply their rate (after agency cut) and you'll see they don't make much. Max $60k a year

For the SP I like (she's VIP rate, many aren't VIP), she gets about about 35 men per month with 2 shifts every week (except mother nature week). That's probably $4900 a month or $59k/yr after being with 400+ dudes. $59k/yr isn't much money and 400+ dudes isn't sustainable. She's pulling 5 guys a shift which is crazy too. You think they can be with more? They get sore and will lose energy. Those are higher estimates. I think median Escort probably $20k a year.

So no, Escorts don't get rich off of this. Famous pornstars yes. Agencies, yes.

$20K a year median.

If you ever repeat enough with escorts where they are comfortable talking to you about how much they make per shift, per month, per year - I recommend doing so and you will see how shockingly out of touch your calculations are, especially if they are a popular/well reviewed lady.

You also state:
She's pulling 5 guys a shift which is crazy too. You think they can be with more? They get sore and will lose energy. Those are higher estimates.

4-5 guys a shift is a slow/average shift for many ladies. Some 'pull' 8-10. I can remember a favorite I saw at end of her shift, fucked me silly and shared unexpectedly that she set a personal record that day of a full dozen clients. Sorry if I burst your fantasy bubble with that reality check.

 

[trippingwalker]

Did you say safety deposit boxes?

yes I did

 

[NotADcotor]

CRA doesn't carfe unless they can prove you are under reporting or not reporting at all.

Ah the CRA. the Shingles/honey badgers of the financial world.

 

[Ceiling Cat]

Safety deposit boxes. You’re not supposed to stash cash in safety deposit boxes but it’s crazy how many people actually do stash cash in safety deposit boxes.

If you put your money in a safety deposit box and you visit it too often you run the risk of the bank reporting you to the CRA or kicking you out. I heard of a nude dancer that got her box seized.

 

[Not getting younger]

In all the years I worked in various parts of the industry. I can’t think of a single time/reason a financial institution would report something the CRA..I also imagine that’s a gross violation of privacy and subject to reprisals.


You run the risk of the bank reporting you to fintrac. I’d be surprised if person working in the vaults became suspicious of someone visiting too often. But it’s certainly plausible (gut instinct)

and the penalties for not doing it can have serious teeth. .


suspect (RGS) is the required threshold for submitting an STR to FINTRAC. The Guidance details the differences between thresholds of suspicion and includes a diagram with an overview of the thresholds, which are simple suspicion, reasonable grounds to suspect, and reasonable grounds to believe. Briefly, as detailed in the Guidance:

• Simple suspicion is a lower threshold, synonymous with a “gut instinct” or “hunch.”
• RGS is a step above simple suspicion, meaning there is a possibility that a money laundering or terrorist financing offence has occurred. The reporting entity’s suspicion must be reasonable and not biased or prejudiced.
• Reasonable grounds to believe is a higher threshold than RGS and means that there are verified facts to support the probability that a money laundering or terrorist financing offence has occurred. At this threshold, the submission of the STR should be expedited and the reporting entity must take additional measures (e.g., assessing related transactions).
  
  
• https://cassels.com/insights/fintrac-updates-its-suspicious-transaction-reporting-guidance/

 

[Not getting younger]

Thought I might try to add some context. I know big bad brother here is frowned ( at times for good reasons)…I know bay/Wall Street are rarely mentioned with warm words.

SPs are people too. Have the same rights we do. And while the world changed large with respect to your privacy and other things post 9/11.

Neither the banks or CRA are on a witch hunt .
can they compel information..yep. But they better have reasonable grounds…

don’t recall all the details but there was a long battle between Canada and the US over similar things…

https://www.cbc.ca/amp/1.2437975

anywho.
In this digital age I laugh when people talk about privacy and how might hide stuff or even cash…. And in this post 9/11 world……

what SPs make, where/how they spend it.
“who cares, It’s their life”

 

[Ceiling Cat]

The public just has no real appreciation for just how much things have changed post 9/11

Things have changed and these days it is really hard to cheat the government. With Point of Sale Machines in bars and restaurants it is difficult to wash money. Many years ago around the time of 911, there was a Chinese guy in Montreal that made a lot of money on the stock market. He was his own broker. He made so many trades a day that he incorporated his own brokerage company only for his own trading. Then he started to trade for the mafia. If a mafia guy made a million dollars and had it in a duffle bag he could not spend the money without the attracting the attention of the CRA. So the Chinese guy would trade for him and make him a million dollars of legally taxable money. Now the mafia guy had some explanation of his income and spending. The mafia loved this guy. His mistake was to take on too many mafia guys. When the CRA caught wind of his shenanigans they barred him for life as an investment advisor and trading for other people.

 

[Ceiling Cat]

I’d be surprised if person working in the vaults became suspicious of someone visiting too often. But it’s certainly plausible (gut instinct)

It is not one incident that will attract the scrutiny of the CRA, there will have to be several or many reasons. If a SP actually declares her profession to be a SP or a masseuse any reports of more than usual amounts of visits to a Safety Deposit Box will look suspicious.

While hiding income from the CRA is difficult these days it is not impossible. As long a spending is kept to a logical and reasonable level the suspicion of the CRA will not be aroused. If the SP/masseuse has a S/O ( with a reportable income ) she could spread the spending between the two. Or if she has a second legit job the level of extra spending can be explained.

 

[Not getting younger]

It is not one incident that will attract the scrutiny of the CRA, there will have to be several or many reasons. If a SP actually declares her profession to be a SP or a masseuse any reports of more than usual amounts of visits to a Safety Deposit Box will look suspicious.

While hiding income from the CRA is difficult these days it is not impossible. As long a spending is kept to a logical and reasonable level the suspicion of the CRA will not be aroused. If the SP/masseuse has a S/O ( with a reportable income ) she could spread the spending between the two. Or if she has a second legit job the level of extra spending can be explained.

That’s fine. I don’t think anyone has said different. You heard that a stripper had her safety deposit box taken by the CRA because a vault employee saw her going in too often.

they wouldn’t do that. That would be a gross violation of privacy. What “proof” does she or anyone at the bank have. There are no laws against going to the bank daily…

What might happen today, is someone becomes suspicious has a gut feeling. It gets reported up the chain and ultimately to FINTRAC. An intelligence agency, who has a lot of leeway, because they are fighting organized crime/terrorist.

two very very different things.

 

[smart_alek]

So?
you think your investments aren’t potentially flagged???
Lol

What would the problem be if they declare the income? They aren't doing anything illegal.
Being an escort is not against the law.

 

[Not getting younger]

What would the problem be if they declare the income? They aren't doing anything illegal.
Being an escort is not against the law.

No it’s not a problem. Not in the slightest.
I tried to articulate it earlier. I can’t think of a better way than this.

The problem is. They ( terrorist) look like them. All of us. But more-so anyone that that might be laundering money/something shady. Could you pick a terrorist out of a crowd?

 

[dirtyharry555]

Depends on the escort.

Some give a good portion to their Pimp Daddy (a.k.a. boyfriend) in the form of gifts, living expenses, and trips.

 

[chodge]

What do people do with their money in any chosen profession? It varies. Some live by cheek and jowl while others use the opportunity to pay for higher education. Some are big spenders while others are frugal and save for a rainy day. Recently one of my ATF's announced on Twitter that she is now a homeowner which I think is fabulous news so it all depends on one's priorities.

Fd

some spend it on onlyfans too