Legal Question in Business Law in New York

is this a legal business venture

Is the following a legal type of business? WHAT YOU NEED TO DO FOR US The international money transfer tax for legal entities (companies) in USA is 25%, where as for the individual it is only 7%. There is no sense for us to

work this way, while tax for international money transfer made by a private individual is 7%. That's why we need you! We need agents to receive payment for our products (in money orders, checks, or bank wire

transfers) and to resend the money to us via Money Gram or Western Union Money Transfer. This way we will save money due to high taxation.

JOB DESCRIPTION 1. Receive payment from customers all over state/citys in America

2. Cash Payments at your Bank

3. Deduct 10% which will be your percentage pay on Payment processed.

4. Forward balance after deduction of percentage pay as you would be instructed to.

HOW MUCH WILL YOU EARN 10% from each operation! For instance, you receive 3500/4500/5500 USD via checks or money orders on our behalf. Youwill cash the money and keep $700 (10%) from each transcation . At the beginning your commission will equal 10%, though later it will increase up to 12%


Asked on 11/27/06, 12:33 am

1 Answer from Attorneys
Nancy Delain Delain Law Office, PLLC

Re: is this a legal business venture

A really good adage to go by:

IF IT SOUNDS TOO GOOD TO BE TRUE, IT PROBABLY IS.

This is a scam. If you have not answered it, simply throw it away. If you have answered it and given them any info at all about yourself, call your lawyer.

If you need a referral to an attorney who handles identity theft, I will be happy to provide one. Or you can contact your local bar association, or the NYS Bar Association for a referral (www.nysba.org).

Good luck.

THE INFORMATION PRESENTED HERE IS GENERAL IN NATURE AND IS NOT INTENDED, NOR SHOULD IT BE CONSTRUED, AS LEGAL ADVICE. FOR SPECIFIC ADVICE ABOUT YOUR PARTICULAR SITUATION, CONSULT YOUR ATTORNEY.

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Answered on 11/27/06, 9:35 am


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