Legal Question in Banking Law in New Mexico

is this money layndering

I'm currently working for a company in China as a payment agent, my job is to contact a customer of the company that is willing to make a payment through a payment agent they send their payment to me I diposit it into my account and transfur the payment to the company account in China minus 10% witch is my pay. The company insits that this is legal but it sounds allot like money laundering to me, is it?


Asked on 4/08/07, 6:56 pm

1 Answer from Attorneys
David Anderson Anderson Business Law LLC

Re: is this money layndering

Unless you have had an attorney or accountant perform Due DILIGENCE on this company, you are likely going to become a victim of an international fraud scam. The company ( or most likely individual) is probably actually in Nigeria, and the checks you receive will first be credited to your account. Then after you send off the money, the original checks will BOUNCE and you will owe your bank for ALL of the amount of the original checks deposited. It would be wise to pay to have this firm verified before you engage in this transaction.

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Answered on 4/08/07, 8:32 pm


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