heads up with paypal transfers

I will say this about PayPal. If you appreciate your financial privacy don't it.

I was paying a guy a regular amount of money a week to take care of some things that I don't feel like doing myself.

Well, I get a knock on my door one day and it's a bunch of cops.

Turns out the guy was selling drugs on the side, and they found out because Paypal reported his ass. I personally don't give a damn how a person makes money as long as it doesn't involve children.

But they show up with a warrant and I'm seething. Told me that somehow I'm suspected of being an accomplice. They start asking me all kinds of bullcrap like where am I hiding weed and pills at. Start asking me where all of my guns are and crap. Asking me who all lives with me and stuff.

And damn right I didn't give them a straight answer.

It blew over after about a month. But I will never use paypal again.

originally posted by: 00018GE
You are allowed to give someone up to $16,000 per year with no tax consequences.

Source please, it would help us out.