Teen runs 20mill tax scam - eBay Suspension & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > General Discussions (Off-Topic) > Everything Else

Everything Else For off-topic conversation. The rules are relaxed in here, but play nice!

Reply
 
Thread Tools
  #1  
Old 01-30-2019
BigCJ's Avatar
Executive [VIP]
 
Join Date: Apr 2011
Posts: 2,853
Thanks: 1,186
Thanked 1,016 Times in 706 Posts
Activity: 36%
Longevity: 66%
iTrader: (6)
Default Teen runs 20mill tax scam

https://www.yahoo.com/lifestyle/geor...212810531.html

Which one of you is it here???
__________________
NEW account verification services! Please Inquire with a PM!
Reply With Quote
The Following User Says Thank You to BigCJ For This Useful Post:
Lucynda (02-07-2019)
The complete step-by-step guide to get back to selling today!

  #2  
Old 01-30-2019
Sunspot144's Avatar
Senior Member
 
Join Date: Apr 2018
Posts: 1,445
Thanks: 322
Thanked 267 Times in 218 Posts
Activity: 67%
Longevity: 9%
iTrader: (0)
Default Re: Teen runs 20mill tax scam

$25mil lol, nothing out of the ordinary
Reply With Quote
  #3  
Old 01-31-2019
phaz0rz's Avatar
Senior Member
 
Join Date: Nov 2015
Posts: 7,909
Thanks: 1,564
Thanked 2,684 Times in 2,056 Posts
Activity: 98%
Longevity: 29%
iTrader: (2)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by tacgreg View Post
With the US law I think he will spend half his life in prison isnt it?
Nah, maybe 5-10 years. The USA is light on "white collar" crimes but they throw the book at drug offenders by handing out life sentences.

Pretty elaborate scheme this kid was running. I don't think he would have been able to think of this all on his own as a 19 year old. He's probably just the fall-guy who was lured in with promises of easy money.
__________________
Reply With Quote
  #4  
Old 01-31-2019
Junior Member
 
Join Date: Jan 2019
Posts: 40
Thanks: 1
Thanked 5 Times in 5 Posts
Activity: 3%
Longevity: 3%
iTrader: (0)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by phaz0rz View Post
Nah, maybe 5-10 years. The USA is light on "white collar" crimes but they throw the book at drug offenders by handing out life sentences.

Pretty elaborate scheme this kid was running. I don't think he would have been able to think of this all on his own as a 19 year old. He's probably just the fall-guy who was lured in with promises of easy money.
Yes thats might be, maybe he was only "drop". Remember couple years ago european man was cought for 100mill google scam. Now he is spending time in US jail and waiting for sentence. The funny thing that he even do not understand english language and he's computer skills are bellow basics. He was only mule but nobody cares

https://nypost.com/2017/08/17/man-ar...facebook-scam/
Reply With Quote
The Following User Says Thank You to tacgreg For This Useful Post:
phaz0rz (01-31-2019)
  #5  
Old 01-31-2019
H4ck's Avatar
Senior Member
 
Join Date: Nov 2014
Posts: 1,074
Thanks: 21
Thanked 159 Times in 119 Posts
Activity: 32%
Longevity: 37%
iTrader: (0)
Default Re: Teen runs 20mill tax scam

what suprises me is that hes of the african american descent................and what doesn't surprise me is that.............hes the african american descent...............
Reply With Quote
  #6  
Old 01-31-2019
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 57,371
Thanks: 4,563
Thanked 6,978 Times in 6,358 Posts
Activity: 100%
Longevity: 76%
iTrader: (7)
Default Re: Teen runs 20mill tax scam

This:

"he faced forgery charges for allegedly depositing over $60,000 in fraudulent checks to a SunTrust bank"

will be the nail in the coffin though as well
Reply With Quote
  #7  
Old 01-31-2019
MM78's Avatar
Executive [VIP]
 
Join Date: Sep 2010
Posts: 14,128
Thanks: 1,107
Thanked 4,797 Times in 3,324 Posts
Activity: 35%
Longevity: 70%
iTrader: (4)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by H4ck View Post
what suprises me is that hes of the african american descent................and what doesn't surprise me is that.............hes the african american descent...............
I know right.....Most White Collar Crimes are committed by Caucasians.
Reply With Quote
  #8  
Old 02-02-2019
Senior Member
 
Join Date: Nov 2017
Posts: 887
Thanks: 241
Thanked 149 Times in 109 Posts
Activity: 34%
Longevity: 12%
iTrader: (0)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by MM78 View Post
I know right.....Most White Collar Crimes are committed by Caucasians.


This is why they have the word "white" in them
Reply With Quote
  #9  
Old 02-02-2019
Ebayorbust's Avatar
Executive [VIP]
 
Join Date: Jul 2009
Posts: 5,330
Thanks: 471
Thanked 2,052 Times in 1,356 Posts
Activity: 36%
Longevity: 80%
iTrader: (53)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by Best Beauty View Post
only 25mil? come on OP try harder.
Nearly there. 5 posts to go.
__________________
FULLY VERIFIED HIGH LIMIT (up to 1000/15000) UK PAYPAL & EBAY ACCOUNTS FOR SALE HERE
FRESH US & UK IP ADDRESSES HERE
{Verified 1000/10000 - 150} {Verified 100/3500 - 80}
Reply With Quote
The Following 2 Users Say Thank You to Ebayorbust For This Useful Post:
Lucynda (02-07-2019), Sunspot144 (02-02-2019)
  #10  
Old 02-02-2019
MM78's Avatar
Executive [VIP]
 
Join Date: Sep 2010
Posts: 14,128
Thanks: 1,107
Thanked 4,797 Times in 3,324 Posts
Activity: 35%
Longevity: 70%
iTrader: (4)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by walkingupwards View Post
This is why they have the word "white" in them
ooooooh no you didn't! hahahaha......love your comment.
Reply With Quote
  #11  
Old 02-03-2019
phaz0rz's Avatar
Senior Member
 
Join Date: Nov 2015
Posts: 7,909
Thanks: 1,564
Thanked 2,684 Times in 2,056 Posts
Activity: 98%
Longevity: 29%
iTrader: (2)
Default Re: Teen runs 20mill tax scam

passive aggressive racism.... Noice!

(I avoided going there bc I didn't think it would go over well here.)
__________________
Reply With Quote
  #12  
Old 02-03-2019
Junior Member
 
Join Date: Aug 2018
Posts: 106
Thanks: 3
Thanked 12 Times in 11 Posts
Activity: 0%
Longevity: 6%
iTrader: (0)
Default Re: Teen runs 20mill tax scam

Just to understand:

He sold merchandise with long handling time

After sale he would collect tax and remitt to irs

Later he would refund the customer

Then daily he would request a refund from IRS and they would do bank transfer back to him?
Reply With Quote
  #13  
Old 02-03-2019
Play's Avatar
Senior Member
 
Join Date: Aug 2012
Posts: 5,680
Thanks: 1,076
Thanked 1,523 Times in 1,238 Posts
Activity: 29%
Longevity: 55%
iTrader: (37)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by Lucky100 View Post
Just to understand:

He sold merchandise with long handling time

After sale he would collect tax and remitt to irs

Later he would refund the customer

Then daily he would request a refund from IRS and they would do bank transfer back to him?
Sounds like you're trying to concoct a recipe here?
Reply With Quote
  #14  
Old 02-03-2019
phaz0rz's Avatar
Senior Member
 
Join Date: Nov 2015
Posts: 7,909
Thanks: 1,564
Thanked 2,684 Times in 2,056 Posts
Activity: 98%
Longevity: 29%
iTrader: (2)
Default Re: Teen runs 20mill tax scam

The more you read into the story the less sense it makes.

Here's what his fellow Amazon sellers are saying on the Amazon boards. They can't make any sense of how he was able to do this..

AZ link : https://sellercentral.amazon.com/for...mers/441207/16

They don't report enough details of the scam on any of the news outlets I've checked for it to add up. The articles are saying he was making payments directly from his customers' checking accounts to the Georgia DOR. But it doesn't explain how he was getting the bank account info of his customers. That's not info you would be granted as an Amazon seller. He had his own site he was selling on also but it doesn't matter what payment processor you use - none of them are going to give you the routing and account # of customers who pay you, even if they pay with ACH.

Articles say the scam involved overpaying the DOR and requesting refunds, but they also say customers didn't receive their orders. Again, it doesn't matter what payment processor you're using, none of them are going to allow you to sell $20mil worth of merchandise without delivering anything to any of the customers who bought from you. Certainly not Amazon. They'll kick you off the platform completely after your first 1 or 2 INR claims.

I don't know if they're withholding information purposely because this kid exposed a loophole and they're worried about others trying to replicate what he did, or what. But there has to be much more to the story than what's been reported so far.
__________________
Reply With Quote
  #15  
Old 02-03-2019
Sunspot144's Avatar
Senior Member
 
Join Date: Apr 2018
Posts: 1,445
Thanks: 322
Thanked 267 Times in 218 Posts
Activity: 67%
Longevity: 9%
iTrader: (0)
Default Re: Teen runs 20mill tax scam

He used fraudulent bank accounts from his business front for deposits to DOR but was still able to reverse the overpay despite the negative / declined balances
Reply With Quote
  #16  
Old 02-04-2019
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 57,371
Thanks: 4,563
Thanked 6,978 Times in 6,358 Posts
Activity: 100%
Longevity: 76%
iTrader: (7)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by phaz0rz View Post
=But there has to be much more to the story than what's been reported so far.
Very true - but might be limited info coming out to avoid the scam being repeated
Reply With Quote
The Following User Says Thank You to rsot For This Useful Post:
walkingupwards (02-04-2019)
  #17  
Old 02-07-2019
Senior Member
 
Join Date: Jan 2015
Posts: 489
Thanks: 244
Thanked 94 Times in 56 Posts
Activity: 5%
Longevity: 35%
iTrader: (0)
Default Re: Teen runs 20mill tax scam

Quote:
Originally Posted by BigCJ View Post
ROFL, I just spit coffee on my screen.
Reply With Quote
  #18  
Old 02-10-2019
H4ck's Avatar
Senior Member
 
Join Date: Nov 2014
Posts: 1,074
Thanks: 21
Thanked 159 Times in 119 Posts
Activity: 32%
Longevity: 37%
iTrader: (0)
Default Re: Teen runs 20mill tax scam

whenever you want to do something shady.................always go to the immigrants.................they don't give a fvck..........=)


works......everytime lol.....

unless the african american was raised in a white neighborhood with white friends.........and went to church every sunday.......

then your fvcked. 99.99% of the time......thats never the case.....

Last edited by H4ck; 02-10-2019 at 11:45 PM.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Hi guys! Successful teen here! SuspendedGuy Introductions 6 06-18-2013 04:43 AM
Why do people think mail runs 24/7 no matter what? pod Everything Else 18 01-09-2012 12:11 AM
eBay Runs Photo Promotion for 'Picture Pack' eBayNews eBay News 0 08-18-2009 08:10 AM
Does anyone here use an online selling service that runs the auctions for you? Rosanna eBay Discussion! 6 12-15-2007 11:51 PM


Aspkin Group

All times are GMT -5. The time now is 02:02 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts