PayPal Helping The IRS Track Down Tax Cheats

from the so,-please-launder-elsewhere dept

A few years ago, in a widely publicized article, eBay's liaison to law enforcement proudly talked about how the company would hand over all sorts of info to law enforcement if asked (even without a subpoena). So, it shouldn't come as much of a surprise eBay-owned PayPal is helping the IRS track down tax cheats by handing over the identity of customers using PayPal from a variety of well known tax havens. Of course, anyone who thought it was a smart idea to launder money through PayPal probably shouldn't be all that surprised when federal investigators show up on their doorstep.

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  1. identicon
    Greg, 7 Nov 2005 @ 9:01am

    Re: No Subject Given

    Mouseky,
    not everyone loves giving up their identity when trying to even the playing field against a large, crooked corporate entity such as Paypal. The claims being made on paypalsucks.com are quite valid - right from Paypal's own terms of service. That info needs to be diseminated. I'd never heard of that site until this thread but I have avoided paypal for years because of the reasons listed on that site.
    As far as anonimity goes: could be that it's not so much that people want to hide their identity as maybe they don't have a blog they sink 4 hrs a day into that they feel compelled to keep linking to on other sites.

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